Major Earnings Out This Week
Full week of earnings ahead with a lighter week of economic news. Monday we can look for some early downside and to find support for the buyers.
Tech Weakness Continues
We are setting up for a weak open as semis, hardware, and software indices all sit at critical levels.
Intel Down, Pre-Market PPI Data Meets Consensus
I am looking for early weakness and for the market to pull in some.
Watch Apple to Guide Tech Stocks
Chairman Bernanke speaks after the opening so we could have a very slow opening and stay quiet until he is finished before the Senate.
A Short, But Volatile Week Ahead
Early into Tuesday I will be watchful of a pullback and as the day progresses look for some nervousness and a waiting market to hear Intel’s earnings after the bell.
Looking for Early Weakness to Start the Day
Going into Friday we have a fair amount of market moving economic data and we have to be watchful of the Semiconductor stocks.
A Memorable E-mini Trade From 2006
The buy filled and ran 11 points before stopping. I took 10 points and ran.
Continue to Watch Earnings to Bring Volatility
Earnings that have been released this week are fairly upbeat and helping the overall outlook for growth and giving some indication that the soft landing maybe in place.
Watch for the Current Trading Range to Break
Earnings kicked off with good news from Alcoa and that sets a nice tone.
Earnings Season Kicks Off Today
Earnings season kicks off Tuesday after the bell with Alcoa, showing that some buyers maybe sidelined until we start to see earnings roll out.
Looking for Continued Strength in the NASDAQ
The Nasdaq was leading nicely Thursday and Friday which is really what held the market up each day.
Pre-Market Data Should Remain Important
Friday we have to look for the pre market jobs data to set the tone. Thursday’s close left some divergence and the final hour left potential reversal candles, right into resistance.