TheStrategyLab.com Price Action Trading Support Forum

Forum for price action traders that want to learn WRB Analysis basic tutorial chapters 1, 2 and 3 prior to purchasing our advance trade methods. Hashtags: #wrbanalysis #wrbzone #wrbhiddengap #priceaction #trading
It is currently Thu Mar 28, 2024 5:35 am

All times are UTC - 5 hours [ DST ]




Post new topic Reply to topic  [ 1 post ] 
Author Message
 Post subject: April 15th Friday 2011 Emini TF ($TF_F) points +13.10
PostPosted: Sat Apr 16, 2011 6:32 am 
Offline
Site Admin

Joined: Sat Jan 10, 2009 2:06 pm
Posts: 4335
Location: Canada
Image

Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)
Attachment:
041511-wrbtrader-PnL-Blotter-Profit-1310.png
041511-wrbtrader-PnL-Blotter-Profit-1310.png [ 31.94 KiB | Viewed 282 times ]

click on the above image to view today's trading summary

Quote:
I took it easy today. Thus, I only did a few trades today especially after reaching my profit goal for the day on my second trade today. Simply, I was done trading by 1005am est. If you have any questions about my trading, want more details about the trade signal behind a particular trade or want to reply about something stated in this message post...click here.

Trade Performance for Today: +13.10 points or $1310.00 dollars in the Russell 2000 Emini TF ($TF_F) Futures.
Russell 2000 Emini TF Futures - 1 tick or 0.10 = $10.00 dollars and there's more contract information @ The ICE.
S&P 500 Emini ES Futures - 1 tick or 0.25 = $12.50 dollars and there's more contract information @ CMEGroup.

In addition, today's #FuturesTrades trading chat room logs provides details about each trade from entry to exit along with commentary as the trade traversed...all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=88&t=813.

Also, posted below are direct links to information about my trade methodology and trading plan (there's a difference between the two) 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/bar 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/viewtopic.php?f=5&t=180.

Image Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm and there's a free trade signal strategy @ http://www.thestrategylab.com/tsl/forum/viewforum.php?f=89 so that you can freely test drive one of our trade strategies with support prior to purchasing the Volatility Trading Report (VTR).

Image Trading Plan Daily Routine @ http://www.thestrategylab.com/tsl/forum/viewtopic.php?f=137&t=1015

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

Image Market Summaries

The below summaries by Bloomberg, CNNMoney and Yahoo! Finance helps me to do a quick review of the fundamentals, FED actions, global economics that had an impact on today's price action. Simply, I'm a strong believer that many variables causes key changes in supply/demand and volatility that's arguably just as important as my technical analysis.

Image CNNMoney.com - Stocks Decline For The Week, But Gain For The Day
Attachment:
041511-Key-Price-Action-Markets.png
041511-Key-Price-Action-Markets.png [ 519.85 KiB | Viewed 296 times ]

click on the above image to view today's price action of key markets

By Ken Sweet, contributing writer
April 15, 2011: 4:38 PM ET

NEW YORK (CNNMoney) -- U.S. stocks finished the week lower as concerns about corporate results plagued the market. But Friday's session resulted in gains after positive news about inflation and consumer sentiment.

For the week, the Dow Jones industrial average (INDU) lost 0.4%, and both the S&P 500 and Nasdaq lost 0.7%. Big losses on Tuesday, triggered by disappointment about Alcoa's results and a spike in oil prices, couldn't be overcome the rest of the week.

The Dow rose 57 points Friday, or 0.5%, to 12,342; the S&P 500 (SPX) gained 5 points, or 0.4%, to 1,320.

The Nasdaq Composite (COMP) lagged the other two indexes, adding 4 points, or 0.2%. The tech-heavy index was weighed down by a 8% drop in Google (GOOG, Fortune 500) shares, which fell after the company reported a profit of $8.08 a share late Thursday, missing Wall Street analyst forecasts.

* Gas spike feeds inflation pain

Investors focused Friday on economic reports.

The Labor Department's latest Consumer Price Index showed prices rose 0.5% in March. While the inflation data was in line with expectations, core CPI -- which strips out volatile food and energy prices -- came in lower than forecasts, rising 0.1% during the month.

Although gas and food have soared recently, core CPI has remained relatively tame.

"We're starting to see companies passing along their costs to consumers, and that's going to be an ongoing concern," said Bruce McCain, chief investment strategist at Key Private Bank.

Investors also welcomed a positive economic report from the University of Michigan, whose U.S. consumer sentiment index rose to a reading of 69.6 in April from 67.5 in March. Economists had been looking for a reading of 69. Stocks moved higher after the report.

"It's not going to be a straight line up, but things are just generally getting better," said Harry Clark, CEO of Clark Capital Management.

The biggest drag on the Dow was Bank of America (BAC, Fortune 500), whose shares slipped more than 2% after the bank's earnings fell short of analyst estimates. BofA said it earned a profit of 17 cents a share while analysts were looking for a profit of 27 cents a share.

Clark said investors are setting up for next week, when more than a fifth of S&P 500 companies will report their quarterly results.

"Earnings are going to be positive overall, and that's going to be bullish for the market until the summer," he said.

U.S. stocks ended little changed Thursday, erasing bigger losses from earlier in the session, as commodities and energy stocks climbed. The gains in oil offset weakness in the banking and technology sectors.

Economy: The Federal Reserve said U.S. industrial production rose 0.8% in March, marginally better than the 0.6% expected by economists.
0:00 /01:03Google's growth problem

Companies: Mattel (MAT, Fortune 500) shares rose 4%, making it among the best-performing stocks in the S&P 500, after the toy maker posted a first-quarter profit of 5 cents a share, a penny better than expectations.

World markets: Globally, investors mulled the latest economic data from China, which showed that the world's second-largest economy grew at a 9.7% pace year-over-year in the first quarter. That rate was faster than economists had expected.

Meanwhile, inflation rose at a feverish pace of 5% in the first quarter, led by surging food prices.

Asian markets ended mixed. The Shanghai Composite rose 0.3%, the Hang Seng in Hong Kong was flat and Japan's Nikkei fell 0.7%.

In Europe, Ireland was hit with another downgrade from Moody's Investors Service, which cut the country's credit rating to "Baa3," one notch above junk status.

European stocks closed higher. Britain's FTSE 100 gained 0.5%, the DAX in Germany added 0.4% and France's CAC 40 was up 0.1%.

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

Oil for May delivery rose $1.30 to $109.41 a barrel.

Gold futures for June delivery rose $14.90 to $1,486.80 an ounce, heading for yet another record close for the precious metal.

Bonds: The price on the benchmark 10-year U.S. Treasury rose, pushing the yield down to 3.41% from 3.49% late Thursday.

Image

Image Yahoo! Finance - Market Update

4:35 pm : The stock market settled with a modest gain on Friday. It still finished the week 0.6% lower than where it started.

Today's early action was choppy, but the tone of trade gradually improved as participants settled in after being inundated with a barrage of headlines. Among the more notable news stories, Ireland's debt was downgraded to just above junk status at Moody's, eurozone CPI spiked 1.4% in March while China's CPI for March spiked by 5.4%. China's producer prices increased 7.3% in the same month. The country's GDP was said to have officially increased by 9.7% in the first quarter.

Corporate news wasn't very inspiring. Earnings from Google (GOOG 530.70, -47.81) failed to hit what Wall Street had forecast for the company. Infosys (INFY 63.21, -9.80) disappointed with its downside guidance.

Bank of America (BAC 12.82, -0.31) had a disappointing report of its own. It also announced that it has reached an agreement on mortgage repurchases with Assured Guaranty (AGO 17.60, +3.43).

Domestic data helped stocks stretch to mid-day gains. First off, consumer prices for March increased by 0.5%, which is exactly what had been expected. Excluding food and energy, consumer prices increased by 0.1%, which is a tad less than the 0.2% increase that had been expected.

The New York Empire Manufacturing Survey for April came in at 21.7, which bested both its prior month reading of 17.5 and the Briefing.com consensus call for a reading of 15.0

The preliminary Consumer Sentiment Survey for April from the University of Michigan came in at 69.6, which is greater than the 66.5 that had been expected. The preliminary reading for April is also greater than the 67.5 that was posted for the prior month.

Industrial production for March increased by 0.8%, which is better than the 0.6% increase that had been broadly expected. Capacity utilization came in at 77.4%, as anticipated.

Although stocks were unable to extend their stretch as the S&P 500 encountered resistance near the 1321-1322 zone, their inability to push higher was never met with any kind of negative response. In turn, stocks generally drifted along listlessly during afternoon trade.

Share volume climbed as a result of options expirations. Still, the 1 billion shares that exchanged hands on the NYSE today hardly represents an unprecedented feat. In fact, share volume earlier this year often averages 1 billion shares per year.

Advancing Sectors: Utilities (+1.1%), Health Care (+0.9), Energy (+0.9%), Telecom (+0.7%), Consumer Discretionary (+0.6%), Materials (+0.6%), Consumer Staples (+0.5%), Industrials (+0.4%), Financials (+0.1%)
Declining Sectors: Tech (-0.4%)DJ30 +56.68 NASDAQ +4.43 NQ100 -0.2% R2K +0.9% SP400 +0.8% SP500 +5.16 NASDAQ Adv/Vol/Dec 1689/1.79 bln/893 NYSE Adv/Vol/Dec 2044/1.05 bln/931

3:30 pm : It was a very volatile week for May crude oil, which ended higher by 1.4% to $109.66 per barrel. Crude started the week with two large selloffs, but rebounded nicely from mid-week on and closed posting three consecutive gains. For the week, crude oil shed 2.8%, or $3.13 per barrel. May natural gas had an uneventful session after it chopped around the flat line for most of the day. It closed near flat at $4.20 per MMBtu.

Inflation fears, sovereign debt concerns and the rebound in crude oil, sent the precious metals sharply higher for a second consecutive session. Gold rallied for 0.9% to close at $1486.00 per ounce and has extended that move in electronic trade to notch fresh all-time highs at $1489.10 per ounce. Silver surged 2.2% to end at $42.59 per ounce, bringing its two day total to over 5.5%. It rallied to session, and fresh ~31 year highs, at $42.87 per ounce. DJ30 +50.48 NASDAQ -0.31 SP500 +4.09 NASDAQ Adv/Vol/Dec 1603/1.4 bln/959 NYSE Adv/Vol/Dec 2058/714.2 mln/892

3:00 pm : Stocks are holding on to varied gains as they enter the final hour of trade. Even though stocks broke free from some choppy trade in the early going to sport their current gains, the effort hasn't been enough to erase the near weekly 2% loss that stocks are headed for.

When participants return next week, they'll have to digest earnings from Citigroup (C 4.42, -0.01), Eli Lilly (LLY 35.98, +0.23), and Halliburton (HAL 46.58, +0.44). DJ30 +72.12 NASDAQ +5.18 SP500 +6.69 NASDAQ Adv/Vol/Dec 1611/1.29 bln/926 NYSE Adv/Vol/Dec 2090/672 mln/849

2:30 pm : From a technical trader's standpoint, stocks saw a choppy start to the session, but like the previous day, the indices were able to find some traction and then to extend Thursday's rebound off of 50-day averages.

Early action tracked mixed data from abroad, a debt downgrade of Ireland by Moody's, and some disappointing earnings from Google (GOOG 536.06, -42.45) and Bank of America (BAC 12.93, -0.20), but domestic data that featured a pleasing core CPI reading and a strong Empire Manufacturing survey helped to offset early weakness. The Michigan Consumer Sentiment Survey helped stocks roll higher.

However, the S&P 500 now faces near-term resistance in the 1321-1322 zone, which has already stymied its upward push. Traders should be cognizant of the erratic action that can be seen on an options-expiration Friday, though. DJ30 +79.12 NASDAQ +5.52 SP500 +7.19 NASDAQ Adv/Vol/Dec 1548/1.21 bln/978 NYSE Adv/Vol/Dec 2014/640 mln/906

2:00 pm : Trading volume continues to climb today. The surge of shares in action is partly due to the barrage of headlines that brought in traders from the sidelines, but it is mostly due to the expiration of monthly options today. Two hours remain before the close of the session and more than 600 million shares have already traded hands on the NYSE.DJ30 +67.92 NASDAQ +2.99 SP500 +6.27 NASDAQ Adv/Vol/Dec 1538/1.11 bln/962 NYSE Adv/Vol/Dec 2002/602 mln/907

1:30 pm : Stocks have been hit by a recent bout of selling pressure, which has taken the stock market to its lowest level in about 90 minutes. The action has left shares of Google (GOOG 536.06, -42.45) to drop through their session low so that they now trade at their worst level in six months.DJ30 +62.43 NASDAQ +3.62 SP500 +5.99 NASDAQ Adv/Vol/Dec 1573/1.04 bln/925 NYSE Adv/Vol/Dec 2053/570 mln/848

1:00 pm : A barrage of headlines had stocks stuck in some rather choppy trade during the early going, but buyers have gradually lifted the major averages to solid gains.

Participants initially had a negative reaction to news that Google (GOOG 536.62, -41.89) came short of the consensus quarterly earnings estimate. Fellow tech play Infosys (INFY 63.19, -9.82) also disappointed with its downside guidance.

Bank of America (BAC 12.91, -0.22) had a disappointing report, but news that the bank has reached an agreement on mortgage repurchases with Assured Guaranty (AGO 17.70, +3.53) helped give the stock a bid this morning. It has since rolled over, though. While the downturn in BAC has hampered the financial sector, which is presently up 0.3%, the broader market has been able to make an upward push so that it now sports a solid gain. Health care and energy are the top performing sectors; they are up 1.0% and 0.9%, respectively.

The improved tone of trade has come with help from some relatively solid data. Generally, the March CPI increased an in-line 0.5%, while core CPI increased by a slightly smaller-than-expected 0.1%. Industrial production for March increased by a stronger-than-expected 0.8%

As for surveys, the latest reading on New York Manufacturing spiked more than expected to 21.7. The preliminary Consumer Sentiment Survey for April from the University of Michigan improved more than anticipated to 69.6.

Data from abroad featured news that China's GDP surged by 9.7% in the first quarter, but its CPI for March spiked 5.4% and the PPI spiked 7.3%. The eurozone's CPI for March increased by 1.4%.

Overseas headlines have also featured news that analysts at Moody's downgraded Ireland's debt by two notches to Baa3. That has helped Treasuries make an impressive climb in the face of the stock market's strength. Treasuries have eased back from their session highs, though. DJ30 +79.95 NASDAQ +8.28 SP500 +7.84 NASDAQ Adv/Vol/Dec 1513/949 mln/959 NYSE Adv/Vol/Dec 1986/535 mln/899

12:30 pm : Stocks have stretched to fresh session highs. The move comes amid some relatively broad buying interest. However, financials have failed to return to the levels that they set in the early going. Instead, financials are up a moderate 0.4%.

Bank of America (BAC 13.00, -0.13) has become a burden to the financial sector after it had actually traded with strength in the early going. Volatility in shares of BAC come in the wake of news of an earnings miss for the most recent quarter and an announcement that the bank has reached an agreement on mortgage repurchases with Assured Guaranty (AGO 17.90, +3.73). The expiration of monthly options is likely adding to volatility. DJ30 +70.68 NASDAQ +4.41 SP500 +6.56 NASDAQ Adv/Vol/Dec 1517/860 mln/944 NYSE Adv/Vol/Dec 19894/502 mln/879

12:00 pm : Oil prices have rallied to fresh session highs. The energy component now trades at $109.73 per barrel, up 1.5%.

Despite the spike in oil prices, several drillers remain under sharp pressure. Among them, Transocean (RIG 75.52, -2.47) are Diamond Offshore (DO 74.62, -1.07) are the worst performers. Shares of RIG were actually hit with an analyst downgrade this morning. DJ30 +45.78 NASDAQ +1.63 SP500 +4.86 NASDAQ Adv/Vol/Dec 1367/765 mln/1051 NYSE Adv/Vol/Dec 1812/465 mln/1002

11:35 am : A recent flurry of buying activity helped push the Nasdaq into positive territory after it had lagged its counterparts for most of the morning. NVIDIA (NVDA 18.83, +0.32) is a primary leader in the Nasdaq; its strength has taken the stock to a new weekly high.DJ30 +37.46 NASDAQ +0.76 SP500 +4.31 NASDAQ Adv/Vol/Dec 1113/669 mln/1275 NYSE Adv/Vol/Dec 1586/425 mln/1196

11:00 am : Stocks had made a strong upward push on the back of a stronger-than-expected consumer sentiment survey reading, but they have since drifted down from morning highs. The action has left the major equity averages to continue trading with mixed results.

Amid the sloppy trade seen this morning, Treasuries have rallied. The move has the yield on the benchmark 10-year Note down to 3.42%, which is only a couple of basis points above its 10-day low. Renewed strength among Treasuries comes after analysts at Moody's downgraded the debt of Ireland -- a move that has rekindled concerns about conditions among the less fiscally sound countries in the eurozone and its periphery. DJ30 +32.27 NASDAQ -6.04 SP500 +2.73 NASDAQ Adv/Vol/Dec 936/521 mln/1416 NYSE Adv/Vol/Dec 1427/365 mln/1330

10:35 am : May crude oil has spent most of the morning in the red. Approx. 45 min ago, crude rallied for almost $1/barrel, which pushed the energy component back into positive territory. In current activity, it's up 0.4% at $108.49/barrel. May natural gas has whipsawed around this morning around the unchanged line and is currently down 0.2% at $4.20/MMBtu.

Precious metals have been in positive territory all morning with silver far outpacing gold. June gold popped ~$8/oz about 45 min ago, as crude was pushing higher, and rose to new session highs of $1482.40/oz. May silver put in a small rally of its own, pushing back near earlier morning highs of $42.72/oz. Gold is now 0.6% higher at $1481.40/oz. and May silver is up 2.4% at $42.65/oz.

Silver (+2.4%) is currently the best performer in the CRB Index, while soft commodities make up the next three best performers (Coffee +1.5%, Sugar +1.5%, Orange juice +1.4%).DJ30 +25.99 NASDAQ -6.45 SP500 +2.57 NASDAQ Adv/Vol/Dec 1073/392.6 mln/1187 NYSE Adv/Vol/Dec 1682/313.5 mln/1040

10:00 am : The preliminary Consumer Sentiment Survey for April from the University of Michigan came in at 69.6, which is greater than the 66.5 that had been expected. The preliminary reading for April is also greater than the 67.5 that was posted for the prior month.

Stocks have reacted positively to the news. As such, the broad market is back in positive territory after sliding from the open to a slight loss.

Advancing Sectors: Utilities (+1.2%), Health Care (+0.8%), Industrials (+0.6%), Financials (+0.5%), Consumer Discretionary (+0.5%), Materials (+0.4%), Telecom (+0.4), Consumer Staples (+0.3%), Energy (+0.1%)
Declining Sectors: Tech (-0.4%)DJ30 +38.67 NASDAQ -5.45 SP500 +4.53 NASDAQ Adv/Vol/Dec 783/238 mln/1383 NYSE Adv/Vol/Dec 1205/250 mln/1411

09:45 am : The major equity averages are mixed in the first few minutes of trade, but financials are displaying strength after logging outsized losses in each of the past two sessions.

The financial sector entered today's trade with a week-to-date loss of 2%, but the sector is up 0.5% this moning. Investment bank Morgan Stanley (MS 27.13, +0.34) is a current leader in the space, although some of Europe's major investment banks and financial services plays -- Credit Suisse (CS 43.69, -0.55), UBS (UBS 18.42, -0.29), and Deutsche Bank (DB 59.37, -1.20) -- are all under sharp pressure. Bank of America (BAC 13.20, +0.05) is up slightly despite an earnings miss.

Tech stocks have succumbed to a concerted selling effort, though. The sector's 0.8% slide stems from weakness among large-cap issues like Google (GOOG 539.88, -38.63), which is down sharply to a multi-month low in the wake of disapointing earnings.DJ30 -2.18 NASDAQ -13.69 SP500 +0.33 NASDAQ Adv/Dec 821/1284 NYSE Adv/Dec 1365/1158

09:15 am : S&P futures vs fair value: +1.10. Nasdaq futures vs fair value: -4.90. Earlier this morning stock futures had suggested that the market would deepen its week-to-date loss of 1.0%, but the tone of premarket trade has improved with help from a stronger-than-expected New York Manufacturing Survey and an in-line CPI report. The data have helped temper disappointment over earnings misses from Google (GOOG) and Bank of America (BAC). Although domestic CPI didn't see too sharp of an increase, inflationary pressures in China and Europe continue to percolate. Just released, industrial production for March increased by 0.8%, which is better than the 0.6% increase that had been broadly expected. Capacity utilization came in at 77.4%, exactly as expected.

09:00 am : S&P futures vs fair value: -0.80. Nasdaq futures vs fair value: -10.50. Europe's major bourses are mixed at mid-day. The action comes amid news that analysts at Moody's downgraded Ireland's debt rating by two notches to Baa3 from Baa1 and assigned a negative outlook. Still, Ireland's ISEQ has managed to muster a 0.4% gain, thanks to leadership from Irish Life and UTV Media. Allied Irish Bank (AIB) is also in strong shape. Germany's DAX is also up 0.4%, but France's CAC is currently off by 0.3% amid relatively widespread weakness. Alcatel-Lucent (ALU) is one of the worst performers in the CAC after it had outperformed in recent sessions. As for Britain's FTSE, it is up 0.2% at the moment. Man Group has been a strong source of support there, helping offset weakness among banking issues. The latest dose of eurozone data featured a 1.4% increase in CPI for March. It had increased by 0.4% in the prior. The eurozone trade deficit for February totaled 1.5 billion euros, down sharply from 14.8 billion euros in January.

China's Shanghai Composite closed with a 0.3% gain, even though concerns about further interest rate increases were stoked by the country's latest data. According to reports, China's first quarter GDP increased by 9.7%. It had increased by 9.8% in the first quarter of 2010. The country's CPI for March spiked by 5.4%, which is up sharply from the 4.9% increase that was witnessed for the same period one year ago. Producer prices increased 7.3% during March. They had increased by 7.2% for the same month one year ago. Retail sales surged 17.4% in March. They had increased by 11.6% for the same period one year ago. Hong Kong's Hang Seng settled flat in its final session of the week. Several property stocks extended their losses from the prior session. Japan's Nikkei lost 0.7% on Friday. Tokyo Electric Power was a primary source of weakness. Fast Retailing and Isuzu Motors put together impressive gains, though. Japan's latest data indicated that industrial production for February increased by 1.8% after a mere 0.4% increase in the prior month, but capacity utilization for February increased 2.9% after a 3.6% increase in January.

08:35 am : S&P futures vs fair value: -0.20. Nasdaq futures vs fair value: -9.70. Stock futures have benefited from a little bit of buying interest on the back of the latest dose of data. Consumer prices for March increased by 0.5%, which is exactly in line with what had been expected, on average, among economists surveyed by Briefing.com. Excluding food and energy, consumer prices increased by 0.1% in March. They had been widely expected to increase by 0.2%. The New York Empire Manufacturing Survey for April came in at 21.7. That exceeds both the Briefing.com consensus call for a reading of 15.0 and the prior month reading of 17.5.

08:05 am : S&P futures vs fair value: -3.80. Nasdaq futures vs fair value: -14.00. Stock futures point to a modestly lower start for the final session of the week. The action comes after Google (GOOG) came short of the consensus earnings estimate for its most recent quarter. The stock has also been slapped with a downgrade by analysts at Citigroup. The stock is down about 5% ahead of the open. Infosys (INFY) is down an even sharper 8% in premarket trade. Its drop comes in response to disappointing guidance, which has overshadowed in-line earnings results. Dow component Bank of America (BAC) posted its latest results this morning. Although its earnings were less than what Wall Street had expected, the stock was recently quoted with a 0.9% gain in premarket trade. The company company supplemented financial results with news that it has reached an agreement on mortgage repurchase claims with monoline insurer Assured Guaranty (AGO), which is up 13% ahead of the open. As for overseas action, trade has been mostly mixed amid news that Moody's downgraded Ireland and a flurry of data out of China. A substantial dose of domestic data is on tap. Market participants get their first taste at the bottom of the hour, when the latest CPI and Empire Manufacturing figures are released. Treasury International Capital data follows at 9:00 AM ET, then Industrial Production at 9:15 AM ET. The preliminary Consumer Sentiment Survey for April from the University of Michigan will be posted at 9:55 AM ET.

06:25 am : [BRIEFING.COM] S&P futures vs fair value: -2.60. Nasdaq futures vs fair value: -10.70.

06:25 am : Nikkei...9591.52...-62.40...-0.70%. Hang Seng...24008.07...-5.90...0.00.

06:25 am : FTSE...5973.91...+10.10...+0.20%. DAX...7175.57...+29.00...+0.40%.

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/bar analysis)
Price Action Trading (no technical indicators)
Image@ http://twitter.com/wrbtrader and http://stocktwits.com/wrbtrader

Phone: +1.708.572.4885
Business Hours: 8am - 5pm est (Mon - Fri)
Skype Messenger: kebec2002
questions@thestrategylab.com
Go Back To TheStrategyLab.com Homepage


Top
 Profile  
 
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 1 post ] 

All times are UTC - 5 hours [ DST ]


Who is online

Users browsing this forum: No registered users and 3 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
cron
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
Translated by Xaphos © 2007, 2008, 2009 phpBB.fr