I hope you had a fantastic holiday and a restful weekend. It could be a choppy week trading as we head into the end of the year. We talked about the fact that we may have robbed the Santa Clause rally last week. this morning I am looking at some red on the screen premarket I am not throwing in the towel just yet. Let's see how the day plays out before we give up on Santa.
Economic data from around the globe were not very encouraging. Japan reported some weak numbers on Friday followed by Russia GDP numbers that were extremely weak and China had a 2 percent decline overnight with shippers in particular taking a big hit that could carry over so be cautious in the shipping space.
Oil is also showing some weakness premarket.
Just remember that on a shortened Holiday week you don't have to trade if you can't find your ideal setup.
Today's Markets
In Asia, Japan +0.6% to 18873. Hong Kong -1% to 21920. China -2.6% to 3534. India+0.8% to 26034.
In Europe, at midday, London closed. Paris -0.6%. Frankfurt -0.4%.
Futures at 6:20, Dow -0.4%. S&P -0.3%. Nasdaq -0.2%. Crude -2.4% to $37.17. Gold-0.5% to $1071.
Ten-year Treasury Yield flat at 2.24%
Today's Economic CalendarIn Europe, at midday, London closed. Paris -0.6%. Frankfurt -0.4%.
Futures at 6:20, Dow -0.4%. S&P -0.3%. Nasdaq -0.2%. Crude -2.4% to $37.17. Gold-0.5% to $1071.
Ten-year Treasury Yield flat at 2.24%
If you were unable to watch this weeks videos here is you last chance.
Stocks on my radar premarket
Bullish and may have a swing or lottos in play
Cautiously optimistic
Very Cautious may even present a short opportunity ..
07:36:26am
|
FitBit +4.64$% Premarket @$30.25; FitBit App Tops App Charts for Christmas
|
No news Daily has an interesting look flirting with that 12 roll
No comments:
Post a Comment