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 Post subject: August 17th Tuesday 2010 Emini TF ($TF_F) points +4.20
PostPosted: Wed Aug 18, 2010 8:08 am 
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Trade Journal By M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)

Trade journals are crucial in preventing us traders from becoming complacent or content with our trading plan or the markets because without having the ability to review archives of past trading days in a forever changing market...we won't know it's time to adapt when change occurs in the markets because broker statements alone doesn't help us keep that edge in comparison to a trade journal. In addition, this public trade journal contains useful trading tips a few times per week to encourage readers to return for more information and to help ensure I myself don't forget the importance of basic concepts within my own trading plan. Further, there are market summaries from Youtube Bloomberg, CNNMoney and Yahoo Finance as a quick archive of what happened in the markets on a particular day of trading. Thus, if you're looking for trading tips and market summaries that can improve your trading and/or understanding of what happen on a particular day that involves more than just entry signals...consistently read this trade journal and the #FuturesTrades chat room logs where I post my trades in real-time from entry to exit (see link below) via my IRC user name wrbtrader.

Today's #FuturesTrades chat room logs is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=77&t=598

click on the below image to view normal size
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Trade Performance for Today: +4.20 points or $420 dollars in the ICE Russell 2000 Emini TF ($TF_F) Futures.
1 tick or 0.10 = $10 dollars and to find out more contract information about the Russell 2000 Emini TF...click here.

Quote:
Today's results are 2 wins : 0 loss (see above #FuturesTrades log). Only a few trades today (early morning) because the rest of the day was doing scheduled fun activities with the family (semi-vacation).

FYI - You can ask me questions here at the forum or you can tweet me on twitter about any thing related to today's trading or related to your own trading.

Image@ http://twitter.com/wrbtrader


In addition, posted below are direct links about my trade methodology or trading approach that enables me to identify key trading areas in the price action that represent changes in supply/demand and volatility along with being able to exploit these changes via WRB Analysis (wide range body analysis).

Image WRB Analysis Tutorials @ http://www.thestrategylab.com/WRBAnalysisTutorials.htm and there's a free study guide of the WRB Analysis Tutorial Chapters 1, 2 and 3 @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=119. However, you must join the TSL Support Forum to access the free study guide. To register...click here.

Image Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm

Image Daily Trade Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=120&t=731

------------------------------

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries. gm

U.S. Stocks Gain Most in 2 Weeks on Profits, Potash Bid: Video
Aug. 17 (Bloomberg) -- Bloomberg's Courtney Donohoe reports on the performance of the U.S. equity market today. U.S. stocks rose, sending the Standard & Poor's 500 Index to its biggest gain in two weeks, following higher-than-estimated earnings and BHP Billiton Ltd's $39 billion bid for Potash Corp. of Saskatchewan Inc. Bloomberg's Pimm Fox also speaks.

Stocks Come Off Week-Long Slump
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By Annalyn Censky, staff reporter
August 17, 2010: 4:31 PM ET

NEW YORK (CNNMoney.com) -- Stocks rallied Tuesday after a Federal Reserve regional president said fears about the central bank's outlook were "unwarranted" and investors shifted their focus to strong earnings from Wal-Mart and Home Depot.

The Dow Jones industrial average (INDU) rose 104 points, or 1%, pushing the index to 10,406.

The Nasdaq (COMP) composite climbed 28 points, or 1.3%, to 2,209; the S&P 500 (SPX) added 13 points, or 1.2%, to close at 1,092.

The gains followed a choppy trading day on Wall Street on Monday. The tech-heavy Nasdaq managed to advance, rising about 0.4%, while the Dow and S&P 500 ended little changed.

Investors started the week coming off four consecutive sessions of losses, following a bearish statement from the Federal Reserve a week ago.

And while the Fed's outlook about a slowing economic recovery is still weighing on investors' minds, their fears were calmed on Tuesday when Narayana Kocherlakota -- head of the Federal Reserve Bank of Minneapolis -- said those concerns about the central bank's statement are "unwarranted."

"My own interpretation is that the FOMC action led investors to believe that the economic situation in the United States was worse than they, the investors, had imagined. In my view, this reaction is unwarranted," Kocherlakota said in a speech Tuesday.

That statement helped propped markets up toward key psychological levels as the S&P 500 traded near 1,100 and the Dow looked to turned positive for the year in afternoon trading, said Dan Cook, senior market strategist with Chicago-based brokerage firm IG Markets. The Dow fell short of matching its 2009 close.

Cook said strong earnings reports from retail powerhouses Wal-Mart and Home Depot in the morning also helped to drive stocks higher.

But he added, he doesn't the think "the game has changed."

"As far as the fundamentals and corporate earnings are concerned, I just don't get a warm, fuzzy feeling," he said. "I'm looking for choppy action for the foreseeable future, all the way into September."

Companies: Wal-Mart Stores (WMT, Fortune 500) reported a slightly better-than-expected fiscal second-quarter profit Tuesday, although customers of the world's largest retailer continued to curb spending. Wal-Mart also boosted its full-year guidance. Shares of the retailer were up 1.3%.

Home improvement retailer Home Depot (HD, Fortune 500) posted a better-than-expected second-quarter profit that rose from a year earlier, but its sales missed forecasts. Home Depot shares gained 3.6%.

Shares of fertilizer producer Potash (POT) rose 28% after it rejected a $38 billion takeover offer by mining company BHP Billiton.

Pactiv (PTV), the maker of Hefty trash bags, gained more than 5% after agreeing to be acquired by Reynolds Group Holdings, which is a subsidiary of a New Zealand firm, for $6 billion.

General Motors is expected to file for an initial public offering of stock with U.S. securities regulators as early as Tuesday.

Economy: A wave of economic reports, including data on housing and inflation, showed mixed results before the bell.

A report from the Commerce Department showed that housing starts -- the number of new homes starting construction -- rose 1.7% to an annual rate of 546,000 in July. But permits fell 3.1% to an annual rate of 565,000.

Both of these tallies were less than expected. Economists were looking for housing starts to rise to a seasonally adjusted annual rate of 555,000; building permits were expected to slip to a rate of 573,000.

The Producer Price Index, a measure of wholesale inflation, matched expectations by increasing 0.2% in July, after dropping 0.5% in June.

World markets: European shares finished higher. The CAC 40 in France gained 1.8%, Germany's DAX rose 1.6% and the FTSE 100 in Britain gained 1.4%.

In Asia, the Shanghai Composite and Hong Kong's Hang Seng ended the session with modest gains. Japan's benchmark Nikkei index, however, fell almost 0.4%.

Currencies and commodities: The dollar fell against the euro, but rose versus the U.K. pound and the Japanese yen.

Oil futures for September delivery rose 53 cents to settle at $75.77 a barrel.

Gold futures for December delivery increased $2.10 to settle at $1,228.30 an ounce.

Bonds: Prices for Treasurys were lower. The yield on the 10-year note rose to 2.64%, coming off a 17-month low of 2.58% late Monday. Bond prices and yields move in opposite directions.

Image

Yahoo! Finance

4:30 pm : Broad buying in light volume gave stocks strong gains, but the effort failed to take stocks through a key resistance level.

Stocks sported robust gains for the entire session. Though they finished with their best percentage gain in two weeks, strength actually faded into the close. The late drift came after the S&P 500 failed to penetrate the 1100 line. It did manage to close firmly above its 50-day moving average of 1088, however.

The advance was helped along by news that BHP Billiton (BHP 70.21, -1.73) proposed to acquire Potash (POT 143.17, +31.02) for $130 per share. Potash refused the offer, but news of such a large-scale takeover attempt provided participants with a tacit sign of improved sentiment and prospects across the corporate landscape, especially in the agricultural and basic materials space. In turn, materials stocks led the broader market for the entire session and finished a 2.3% gain.

Retailers were also strong. As a group retailers climbed 1.8%. Discount retail giant and Dow component Wal-Mart (WMT 51.02, +0.61) was a solid performer on the back of in-line earnings and an improved forecast.

Home improvement retailer and fellow Dow component Home Depot (HD 28.31, +0.93) had a more positive influence over retailers. It posted better-than-expected earnings for the latest quarter, but issued a rather mixed forecast. A smaller-than-expected increase in housing starts during July didn't do anything to derail the stock this session.

Housing starts for July increased 1.7% month-over-month to an annualized rate of 546,000 units, which is less than the rate of 555,000 units that had been widely anticipated. Building permits for July fell 3.1% month-over-month to an annualized rate of 565,000, which is below the rate of 573,000 that had been expected.

As for other data, the Producer Price Index for July increased 0.2%, as expected. Excluding food and energy, producer prices for July increased 0.3% month-over-month, but a 0.1% increase had been expected.

Lastly, industrial production increased 1.0% in July. It had been to rise by 0.6%.

Though there was plenty of important data for participants to digest this session, it did not have much of a meaningful impact on trade. That contrasts sharply with action of previous weeks, when data had been a primary catalyst behind trade and corporate announcements, including earnings, were of secondary concern.

Consistent with recent weeks, trading volume remains unimpressive. More directly, share volume on the NYSE failed to break 1 billion shares for the third straight session, keeping with the 15-session average of just 984 million shares.

Advancing Sectors: Materials (+2.3%), Industrials (+1.8%), Energy (+1.5%), Consumer Discretionary (+1.5%), Health Care (+1.3%), Telecom (+1.2%), Tech (+1.1%), Utilities (+0.9%), Consumer Staples (+0.8%), Financials (+0.7%)
Declining Sectors: (None)DJ30 +103.84 NASDAQ +27.57 NQ100 +1.3% R2K +1.8% SP400 +1.7% SP500 +13.16 NASDAQ Adv/Vol/Dec 1981/1.76 bln/653 NYSE Adv/Vol/Dec 2388/980 mln/638

3:30 pm : Commodities were stronger actors the board today, as every group in the CRB Commodity Index closing in positive territory.

Sept crude oil closed higher by 0.7% to $75.77 per barrel, snapping its 5-session sell off. Strength in the equity markets helped crude oil higher today. Sept natural gas ended up 0.8% to $4.27 per MMBtu.

Dec gold futures settled higher by 0.1% to $1228.30 per ounce, while Sept silver futures closed up 0.7% to $18.59 per ounce. DJ30 +156.14 NASDAQ +36.48 SP500 +17.50 NASDAQ Adv/Vol/Dec 2037/1.4 bln/589 NYSE Adv/Vol/Dec 2456/638.2 mln/574

3:00 pm : Stocks continue to drift sideways, just below their session highs. With the final hour approaching, many participants will watch closely to see whether stocks hold their gains into the close, climb another leg higher, or encounter a selloff -- the action could be telling of the market's underlying sentiment.

No matter how the day ends, the lack of trading volume suggests that there really isn't much conviction behind the stock market's move. At this point, fewer than 600 million shares have been traded on the NYSE this session. Though share volume is underwhelming, it is consistent with the trade of recent weeks. DJ30 +160.08 NASDAQ +36.91 SP500 +18.16 NASDAQ Adv/Vol/Dec 2009/1.25 bln/604 NYSE Adv/Vol/Dec 2476/571 mln/551

2:30 pm : Though the S&P 500 has encountered resistance at the 1100 line, it has refused to back down. Instead, the stock market continues to chug along with an impressive gain.

While the S&P 500 is still in the red on a year-to-date basis, this session's advance has given the Dow a year-to-date gain of 0.4%. DJ30 +169.38 NASDAQ +40.33 SP500 +19.43 NASDAQ Adv/Vol/Dec 2039/1.15 bln/565 NYSE Adv/Vol/Dec 2503/524 mln/519

2:00 pm : The S&P 500 recently kissed 1100, but it has since pulled back a couple of points. The 1100 line is expected to stand as a formidable point of resistance separating stocks from greater gains.

Nonetheless, stocks remain in strong shape at the moment. In fact, only a dozen names in the S&P 500 are currently in the red. Pharmaceutical play Eli Lilly (LLY 34.77, -0.80) is among the primary laggards following news that the company has halted development a drug to battle Alzheimer's disease. The company reaffirmed its earnings outlook for fiscal 2010, though. DJ30 +165.30 NASDAQ +38.25 SP500 +18.78 NASDAQ Adv/Vol/Dec 2018/1.07 bln/579 NYSE Adv/Vol/Dec 2492/481 mln/517

1:30 pm : The stock market was confined to a rather narrow trading range for the past couple of hours, but it recently climbed another leg higher. The S&P 500 is now face to face with the psychologically significant 1100 line.

Though this session's gains are impressive, there hasn't been much trading volume behind the move. As a note of precaution, thinly traded action can often lead to exaggerated swings among stocks. DJ30 +168.82 NASDAQ +40.94 SP500 +19.73 NASDAQ Adv/Vol/Dec 2029/975 mln/557 NYSE Adv/Vol/Dec 2484/438 mln/504

1:00 pm : Broad-based buying has sent the stock market through near-term resistance to a robust gain. The move follows five sessions of weak to flat action.

Traders turned positive this morning in response to strong gains in Europe and a takeover attempt of Potash (POT 141.82, +29.67) by BHP Billiton (BHP 70.47, -1.47). Though Potash has refused, the story has acted as a catalyst for speculation of further merger activity.

Materials stocks have benefited most from the Potash story. The sector is up 2.7% at the moment.

The broader market's positive bias has helped shares of retailers put together a hefty gain of 2.3%. Dow component Wal-Mart (WMT 51.38, +0.97) reported in-line earnings for its latest quarter and raised the midpoint of its forecast, while fellow blue chip Home Depot (HD 28.70, +1.32) bested earnings expectations and issued a mixed forecast.

Home Depot's strength also comes in the face of a disappointing housing report, which indicated that housing starts increased at a smaller-than-expected rate in July.

In other economic news, July PPI increased as expected, but core prices heated up a bit more than expected. Industrial production during July was up more than expected.

Data hasn't had much of an impact on today's trade, though in recent weeks data was the stock market's primary driver while corporate news carried little influence.

Nonetheless, the stock market is putting together its best performance in a week. What's more, broad support has taken the S&P 500 back above its 50-day moving average and right through the 1090 line. It has mostly moved sideways in the 1095 zone, though. DJ30 +141.61 NASDAQ +33.80 SP500 +16.66 NASDAQ Adv/Vol/Dec 1955/904 mln/623 NYSE Adv/Vol/Dec 2424/400 mln/544

12:30 pm : Stocks have eased off of their highs, but strength remains broad as every one of the 10 sectors in the S&P 500 sports a gain of at least 1%.

Industrials are some of this session's best performers -- the sector is up 2.2% at the moment. Among its strongest performers, Honeywell (HON 42.67, +1.49) was upgraded by analysts at JP Morgan and Cooper Industries (CBE 43.73, +1.10) was assigned Buy rating by analysts at Deutsche Bank. Even 3M (MMM 84.31, +0.88) is up with a solid gain after it was downgraded by analysts at JP Morgan. DJ30 +133.59 NASDAQ +32.19 SP500 +15.89 NASDAQ Adv/Vol/Dec 1947/820 mln/597 NYSE Adv/Vol/Dec 2421/365 mln/533

12:00 pm : Stocks have steadied at session highs to take a breather from their recent climb. The positive tone of trade follows a flat finish to the prior session, which came after four straight losses last week.

The Dollar Index is down for the second straight session. Today's loss currently stands at 0.5%. Most of its decline comes from a bounce by the euro, which is still down 10.0% year-to-date against the greenback. DJ30 +143.65 NASDAQ +36.06 SP500 +17.24 NASDAQ Adv/Vol/Dec 1971/735 mln/544 NYSE Adv/Vol/Dec 2472/333 mln/456

11:30 am : The S&P 500 has extended its climb to the 1095 line, which hasn't been touched since last Wednesday, when the stock market plummeted 2.8% in its worst single-session slide of the past month.

Strength remains broad, such that only 25 of the issues in the S&P 500 are in the red. Among the laggards, Abercrombie & Fitch (ANF 34.89, -2.74) is down markedly even though the apparel retailer reported better-than-expected earnings for its latest quarter. In contrast, shares of home improvement retailer Home Depot (HD 28.64, +1.26) are ripping higher following its upside earnings surprise and mixed outlook. Shares of HD are providing leadership to the broader retailer space, which is up 2.6%. DJ30 +138.35 NASDAQ +36.45 SP500 +16.75 NASDAQ Adv/Vol/Dec 1970/645 mln/505 NYSE Adv/Vol/Dec 2468/288 mln/440

11:00 am : The stock market has climbed another leg higher after trading in rather choppy fashion for the past hour. The move has S&P 500 back above its 50-day moving average of 1088 and just above the 1090 resistance level.

Materials stocks continue to outperform by a wide margin. The sector is now up 2.4% in its best single-session performance in two weeks.

With basic materials stocks pushing higher, some participants are turning their attention to physical commodities. In turn, the CRB Commodity Index is up 0.8%, which marks a fresh session high. DJ30 +87.80 NASDAQ +25.65 SP500 +11.63 NASDAQ Adv/Vol/Dec 1834/500 mln/562 NYSE Adv/Vol/Dec 2340/230 mln/509

10:30 am : Broad market strength and weakness in the dollar index was giving crude oil a boost in morning trade. Crude, RBOB Gasoline and heating oil are in the top six best performers in the CRB Index currently.

Sept crude oil began to rally from the unchanged line overnight, pushing to session highs of $76.33 per barrel, which were hit around 5:00am ET. Crude has since chopped around in a tight range just below that high and is now trading 0.5% higher at $75.63 per barrel.

Sept natural gas has whipped around the in the last couple of hours. Natural has fell back into the red again around 9:00am ET, the beginning of pit trading, and fell to new session lows of $4.19 per MMBtu. The energy component has since recovered and is trading flat at $4.23 per MMBtu.

Precious metals have pulled back in morning activity and are trading just modestly higher in currently trade. Dec gold is just above the flat line at $1226.70 per ounce, while Sept silver is 0.5% higher at $18.51 per ounce.DJ30 +47.91 NASDAQ +1843 SP500 +8.00 NASDAQ Adv/Vol/Dec 1703/350.8 mln/609 NYSE Adv/Vol/Dec 2218/164.0 mln/576

10:00 am : The stock market's gap up at the open couldn't quite take the S&P 500 above the 1090 line. Resistance there has been followed with some modest selling that has caused stocks to surrender some of their opening gains. The overall tone to early trade remains broadly positive, though.

Volatility is down as a result of this morning's strength. Specifically, the Volatility Index is down 6% at the moment.

Advancing Sectors: Materials (+2.0%), Industrials (+1.2%), Tech (+0.9%), Consumer Discretionary (+0.8%), Telecom (+0.6%), Energy (+0.5%), Utilities (+0.5%), Financials (+0.4%), Health Care (+0.4%), Consumer Staples (+0.3%)
Declining Sectors: (None)DJ30 +58.81 NASDAQ +17.80 SP500 +7.93 NASDAQ Adv/Vol/Dec 1706/206 mln/512 NYSE Adv/Vol/Dec 2235/105 mln/494

09:45 am : Stocks are looking strong in the early going. As such, all 10 major sectors are in higher ground with marked gains.

Materials stocks are in the best shape. The sector currently sports a 1.9% gain as fertilizer and agricultural chemical stocks spike 4.4% following news that Potash (POT 142.37, +30.22) rejected an unsolicited takeover proposal from BHP Billiton (BHP 69.95, -1.99). Metals plays are also strong as diversified miners move 2.9% higher and steel stocks ascend 2.5%.

The stock market's early strength has caused Treasuries to retreat, such that their yields are up from the lows that were set in the prior session. Specifically, the yield on the benchmark 10-year Note is now back above 2.60%. DJ30 +52.53 NASDAQ +13.80 SP500 +6.74 NASDAQ Adv/Vol/Dec 1611/128 mln/519 NYSE Adv/Vol/Dec 2205/73 mln/458

09:15 am : S&P futures vs fair value: +8.60. Nasdaq futures vs fair value: +11.00. Stocks slipped to three-week lows in the prior session, but they were able to retrace the move and book a flat finish. Though it appeared that the S&P 500 faced resistance in the 1080 to 1085 zone, the broad market measure looks like it will start today's trade near the upper end of that range.

Support stems largely from strong gains in Europe, where the major bourses are all up close to 1% or more. Things were more mixed in Asia, where the Shanghai Composite and Hang Seng staged modest gains, but the Nikkei slipped to its lowest close in eight months. As an aside, both the euro and the yen have advanced against the greenback, which is down for the second straight session.

Dow components Wal-Mart (WMT) and Home Depot (HD) both recently made their latest quarterly announcements. However, the mix of their quarterly results and forecasts was a bit mixed. News that Potash (POT) received and rejected an unsolicited takeover proposal from BHP Billiton (BHP) has provided a bigger boost to premarket sentiment.

Data has featured an in-line increase in the headline PPI figure for July, but core PPI was a bit hotter than expected. Housing prices and building permits for July were both lower than expected. Just released, industrial production for July increased 1.0%, which is more than the expected increase of 0.6%.

09:00 am : S&P futures vs fair value: +7.80. Nasdaq futures vs fair value: +10.00.

Futures for the S&P 500 continue to trade with strength. A positive tone is also present in Europe, where the eurozone ZEW Survey on economic sentiment for August improved more than expected to 15.8. The August reading was also up from the prior month, but it remains well below the levels seen in the first few months of this year. Meanwhile, Germany's ZEW Survey for August came in at a worse-than-expected 14.0, which marks a 16-month low. Despite that, Germany's DAX is up 1.2% amid broad-based strength. Only telecom (-0.5%) is weak. Consumer services stocks (+2.2%) are especially strong. In France, the CAC has climbed to a 1.3% gain as all 10 of its sectors stage gains. Materials plays (+2.0%) are the strongest. Britain's FTSE has advanced 1.0%. Its basic materials components (+1.1%) are also strong, though BHP Billiton (BHP) has been hit with selling following news that its takeover proposal of Potash (POT) was rejected.

In Asia, Japan's Nikkei gave up 0.4% to log a new eight-month closing low. It was led lower by the likes of Softbank, Tokyo Electron, and TDK Corp. Asahi Breweries and Sumitomo Realty showed resilience, however. In Mainland China, the Shanghai Composite tacked on 0.4% with help from China Shenhua and China Pacific. Banking giants Industrial & Commercial Bank and Bank of China, along with energy giants PetroChina (PTR) and China Petroleum (SNP), were weak. In Hong Kong, the Hang Seng mustered a 0.1% gain amid strength in basic materials plays (+0.9%). Consumer goods stocks (-0.5%) acted as a drag.

08:35 am : S&P futures vs fair value: +8.00. Nasdaq futures vs fair value: +10.50. Stock futures have slipped a bit with the release of the latest dose of data, but a generally positive tone is still present. Housing starts for July increased 1.7% month-over-month to an annualized rate of 546,000 units, which is less than the rate of 555,000 units that had been widely anticipated. The smaller-than-expected volume comes on top of a downward revision to June's data, which now reflects an annualized sales rate of 537,000 units. Building permits for July fell 3.1% month-over-month to an annualized rate of 565,000, but that is below the rate of 573,000 that had been expected. The Producer Price Index for July showed a 0.2% monthly increase, as had been expected, on average, by a sample of economists polled by Briefing.com. Excluding food and energy, producer prices for July made a month-over-month increase of 0.3%, which is sharper than the 0.1% increase that had been expected.

08:00 am : S&P futures vs fair value: +6.70. Nasdaq futures vs fair value: +8.30. Stocks finished flat in the prior session, but things have perked up this morning. The mood among traders has been helped by strength in Europe, where the eurozone's ZEW Survey of economic sentiment for August bested expectations, though Germany's ZEW disappointed. Today's domestic data features the Producer Price Index for July (8:30 AM ET), housing starts figures for July (8:30 AM ET), and industrial production numbers for July (9:15 AM ET). Earnings season continues to wind down, but premarket participants have taken note of in-line earnings from retail giant Wal-Mart (WMT) and an upside earnings surprise from Home Depot (HD). Apparel retailers Abercrombie & Fitch (ANF) and Urban Outfitters (URBN) also posted positive earnings surprises. TJX Companies (TJX) has yet to report. In other corporate news, the agricultural chemical space has made a strong premarket bounce on the back of news that Potash (POT) received and then rejected an unsolicited takeover proposal from BHP Billiton (BHP).

07:14 am : S&P futures vs fair value: +7.00. Nasdaq futures vs fair value: +8.30.

07:14 am : Nikkei...9161.68...-35.00...-0.40%. Hang Seng...21137.43...+25.30...+0.10%.

07:14 am : FTSE...5328.72...+52.00...+1.00%. DAX...6185.88...+75.30...+1.20%.

Special thanks to Bloomberg, CNNMoney and Yahoo! Finance for their market summaries. gm

Best Regards,
M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

Phone: +1.708.572.4885
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