Life Goes On

Good morning folks, 

We are looking at some red arrows this morning as the G20 meeting failed to provide a spark due to a lack of any plan from the finance chiefs to stimulate global growth.  While concerns here over strong consumer spending and a hint of underlying inflation are enough to put speculation of a March interest rate hike back on the table. 

One of the stocks I talked about in this weekends videos that could help set the tone for today's open is VRX. They have withdrawn their guidance and postponed their earnings as the CEO returns to work. The stock is currently being taken out to the wood shed. 

Oil and gold appear to be heading in opposite directions premarket with the yellow gold rising while the black gold appears to be following through on Fridays weakness. 

Today's Economic Calendar

9:45 Chicago PMI
10:00 Pending Home Sales
10:30 Dallas Fed Manufacturing Survey
3:00 Farm Prices

Volatility                           Oil                                                      Biotech
UVXY XIV VXX TVIX     UWTI DWTI GUSH DRIP                     IBB LABU LABD       
 Gold                                                                  SILVER             Dollar      Financials
GLD NUGT JNUG DUST JDST  GDX GDXJ         USLV          UUP      FAS XLF FAZ

Stocks on my radar premarket 

CNX pr cost reductions suspended divi and asset sale 

TASR earnings Beat and stock buyback 

Stocks to watch this week Discussed in the Ticker TV video on the right side of this page. 

 FDML currently halted with an offer @ 7 buck a share from Carl Icahn who already owns 82 percent. Scratch that one off the list