We are looking at a potential red open but the markets are actually pretty stable premarket.
Like we talked about yesterday the markets have become somewhat immune to the types of events that happened on Sunday. That isn't to suggest that they are apathetic, I think its more about the fact that we recognize bad things are going to happen and we can't allow those things to overwhelm us or give bad people and events the power to control our fear. Negative events like this can help strengthen and unite us if we choose to take that path.
Not much has changed with my view for the markets from yesterday. I plan to keep an open mind to see how things play out this week with all the economic data we have on deck.
Today's Markets
In Asia, Japan -3.5% to 16019. Hong Kong -2.5% to 20512. China -3.2% to 2833. India -0.9% to 26396.
In Europe, at midday, London -0.3%. Paris -1.4%. Frankfurt -1.3%.
Futures at 6:20, Dow -0.4%. S&P -0.4%. Nasdaq -0.5%. Crude -1.1% to $48.52. Gold +0.9% to $1287.20.
Ten-year Treasury Yield -2 bps to 1.61%
Today's Economic CalendarIn Europe, at midday, London -0.3%. Paris -1.4%. Frankfurt -1.3%.
Futures at 6:20, Dow -0.4%. S&P -0.4%. Nasdaq -0.5%. Crude -1.1% to $48.52. Gold +0.9% to $1287.20.
Ten-year Treasury Yield -2 bps to 1.61%
No events scheduled
ETF's on my Radar
Volatility OIL Biotech
UVXY XIV VXX TVIX VMIX VMAX UWTI DWTI GUSH DRIP USO LABD IBB LABU
UVXY XIV VXX TVIX VMIX VMAX UWTI DWTI GUSH DRIP USO LABD IBB LABU
Gold SILVER Dollar Financials
GLD NUGT JNUG USLV UUP FAS XLF FAZ HYG JNK
Minerals and Miners Utilities RETAIL Transportation
XME GDX GDXJ XLU XRT IYT XTN
DUST JDST
Agriculture SPY
DBA, DAG SPXS SPXL
STOCKS ON MY RADAR PREMARKET
TTNP pr recent approved drug and now a milestone payment could get a 7 test
LCI FDA news insider buys in this range small float big short interest
GSM upgrade potential bounce play
RIGL upgrade potential bounce area
EBIO pr upfront payment and potential milestone payment moving forward> break out on daily testing 3 premarket very thin Do not Chase
SWHC RGR and TASR could all be in play
ZFGN pr active premarket thin float could get a 7 test
AMRN pr active premarket
CPRX pr little pop premarket could gain traction and go for the 1 dolla holla
PWE big gapper off asset sale
*PR = Press Release*
This weeks Ticker Tv Stocks to watch and their performance below
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