Pre-Market Trending Stocks
Early morning stocks that are trending in the U.S. pre-market this morning are:
Early morning stocks that are trending in the U.S. pre-market this morning are:
U.S. futures are riding yesterday’s momentum of positive U.S. economic data refueling speculation the Federal Reserve may opt to taper its $85 billion stimulus program sooner rather than later.
A whirlwind is pushing Starbucks’ (SBUX, quote) stock around in today’s session after yesterday’s earnings report and followup conference call.
For intraday emini index traders, last nights FED meeting delivered a classic lesson in volume price analysis (VPA).
As our readers know we like to look at the 52 week high list on down days to create a list of stocks to begin our stock selection process but even more important is the 52 week high list during a series of down session coupled with an overall weak month.
GBPUSD moves sideways in a trading range between 1.5894 and 1.6259. As long as 1.5894 support holds, the price action in the range could be treated as consolidation of the uptrend from 1.4813
With the two day Federal Reserve meeting in the rearview mirror this morning markets are remain flat in the pre-market albeit the DOW and S&P 500 are tilted to the down side.
The last two weeks have been positive ones, and not just for equities, as gold bugs finally found something to celebrate with a return of some much needed bullish momentum.
An interesting phase of price action for two of the most precious commodities over the last few days, with both gold and oil, testing key tipping points on the daily chart.
With so much media focus on shutdown & the debt ceiling crisis in the US, I thought that today I wouldn’t add further to the thousands of words being written and spoken. Instead, I want to tell you a story.
You must be logged in to post a comment.