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 Post subject: September 21st Wednesday 2011 Emini TF ($TF_F) points +33.60
PostPosted: Thu Sep 22, 2011 1:12 am 
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Trade Results of M.A. Perry
Trader and Founder of WRB Analysis (wide range body/bar analysis)
Price Action Trading (no technical indicators)

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

Trade Performance for Today: +33.60 points or $3360.00 dollars in the Russell 2000 Emini TF ($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, all trades were posted real-time in the free #FuturesTrades chat room. Today's #FuturesTrades trading chat room logs provides details (e.g. time, price, contract size) about each one of my trades from entry to exit along with price action commentary as the trade traversed...all archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=94&t=1006.

To join our free chat room...registration instructions located at a different forum @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=5&t=630

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=143&t=1197

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Market Summaries

The below summaries by Bloomberg, CNNMoney and Yahoo! Finance helps me to do a quick review of the fundamentals, FED/ECB/IMF actions or any important global economic events that had an impact on today's price action. Simply, I'm a strong believer that many variables (key market events) causes key changes in supply/demand and volatility that results in swing points and strong continuation price actions. Thus, I pay attention to these key market events from one trade to the next trade to give me the market context for my technical analysis. Just as important, these summaries becomes my archives to allow me to understand what was happening on any given trading day in the past...something I can not get from my broker statements alone.

U.S. Stocks Fall as Fed Plans Bond Purchases, Sees Risk

Sept. 21 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks slumped, giving the Standard & Poor's 500 Index its biggest decline in a month, as the Federal Reserve announced plans to buy $400 billion of long-term debt and cited risks to the economic outlook.

Stocks Plunge After Fed Disappoints

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By Hibah Yousuf September 21, 2011: 4:30 PM ET

NEW YORK (CNNMoney) -- Investors aren't digging the Twist. Stocks plunged after the Federal Reserve made it official -- no change in rates and Operation Twist is a go.

Stocks ended near the lowest levels of the day after the Fed said it will shift $400 billion from short-term Treasuries into long-term Treasuries in an effort to boost lending and spur the economy.

While Operation Twist was exactly what investors had been anticipating, meeting expectations with the bare minimum came up short of pleasing them.

The Dow Jones industrial average (INDU) dropped 284 points, or 2.5%, with all but one of the blue-chip index's 30 components closing in the red.

Hewlett-Packard (HPQ, Fortune 500) was the only Dow component that traded higher, spiking almost 7% amid rumors that HP's board is considering a shakeup that would include replacing current CEO Leo Apotheker.

The S&P 500 (SPX) fell 35 points, or nearly 3%. Even the tech-heavy Nasdaq composite (COMP), which had been trading higher most of the day, closed down with a drop of 52 points, or 2%.

"Operation Twist was priced into the market, and investors needed a twist on the twist -- something more," said Doug Roberts chief investment strategist for Channel Capital Research.

While the Fed said it will also reinvest the proceeds from maturing mortgage-backed securities into more mortgage-backed securities, Roberts said that additional step is still lacking.

What would help satisfy financial markets is if the Fed were to bite the bullet and pump more money into the economy with another round of Treasury buying, or QE3, he added.

But experts said the Fed, which is running out of policy tools, will probably hold back from expanding its balance sheet unless investors and consumers grow warier.

"By not mentioning QE3, it definitely appears that the central bank is saving their few remaining bullets in case the volatility in financial markets intensified or the U.S. economy falls into recession," said Kathy Lien, director of currency research at Global Forex Trading.

* Operation Twist: Investors want the unexpected

Mounting concerns about the economy kept pressure on transportation stocks Wednesday, as investors feared that truckers and shippers may suffer a slowdown in business along with the slowing economy.

The Dow Jones Transportation Average (DJT), a collection of 20 truckers, shippers, railroads and airlines, tumbled 5.3%, with railroad giants GATX (GMT), CSX Corp. (CSX, Fortune 500) and Norfolk Southern (NSC, Fortune 500) leading the decline.

Meanwhile, investors quickly moved into U.S. Treasuries, sending the 10-year Treasury yield to a fresh record low around 1.858%.

Aside from the Fed, investors remained on edge over the developing situation in debt-stricken Greece.

Evangelos Venizelos, the Greek finance minister, told Parliament that more budget cuts would be needed in order for the country to get back on track.

* What a Greek default would mean

Venizelos had held two days of talks with officials from the European Union, European Central Bank and International Monetary Fund in an effort to gain consensus on measures needed to secure the next installment of Greece's bailout. Talks are expected to continue this weekend in Washington, D.C., where the IMF and World Bank are meeting.

"There have been a lot of conversations, and statement of support for Greece, but the market's have heard enough. We need action," said Rob Lutts, chief investment officer at Cabot Money Management. "Investors want to know and see who will put up money to bailout Greece and how much Europe's banks will lose in the event of a restructuring or default."

On Tuesday stocks erased most of the day's gains, as investors grew wary about Greece's situation.

Economy: The National Association of Realtors said existing home sales rose 7.7% in August to an annual rate of 5.03 million homes. Economists were expecting sales to have risen only 0.6% during the month.

Companies: In yet another blow to the financial sector, Moody's Investors Services announced the downgrade of Citigroup (C, Fortune 500), Wells Fargo (WFC, Fortune 500), and Bank of America (BAC, Fortune 500), three of the United States' top banks.

Shares of BofA fell 7.5% following the rating agency's move. Shares of Wells Fargo slipped 4%, and Citigroup's stock fell 5%. Share of JPMorgan Chase, also took a slide, falling almost 6%.

Shares of General Mills (GIS, Fortune 500) edged up 2.5% after the company reported better-than-expected earnings and reaffirmed its guidance.

Software maker Adobe Systems' (ADBE) stock rose 1% after the software maker beat third-quarter earnings estimates and raised its revenue guidance after the closing bell Tuesday.

Shares of Alpha Natural Resources (ANR) dropped 17% after the coal producer cut its shipment forecast for the year. Stocks of other coal giants, including Patriot Coal (PCX), Arch Coal (ACI), Consol Energy (CNX, Fortune 500) and Peabody Energy (BTU, Fortune 500), also fell sharply.

Retailer Bed Bath & Beyond (BBBY, Fortune 500) will post results after the market close.

World markets: European stocks ended lower. Britain's FTSE 100 (UKX) shaved 1.7%, the DAX (DAX) in Germany lost 2.5% and France's CAC 40 (CAC40) fell 1.4%.

Asian markets ended mixed. The Shanghai Composite (SHCOMP) jumped 2.7%, the Hang Seng (HSI) in Hong Kong lost 1% and Japan's Nikkei (N225) added 0.2%.

Currencies and commodities: The dollar rose against the euro, the Japanese and the British pound.

Oil for November delivery slipped $1.00 to settle at $85.92 a barrel.

Gold futures for December delivery fell $1.00 to settle at $1,1808.10 an ounce.

Image

Market Update

4:30 pm : A negative response to the Fed's "Operation Twist," so labeled by market participants, stirred sellers to action today. Their conviction made it impossible for tech stocks to provide leadership after trading with strength for so much of the session.

The FOMC announced this afternoon that in order to support a stronger economic recovery it intends to purchase $400 billion of Treasuries with maturities of six years to 30 years, while selling an equal amount of Treasuries with remaining maturities of three years or less, by the end of June 2012. Many market pundits had anticipated such a plan, and had already designated it "Operation Twist" to reflect the Fed's focus on selling shorter term Treasuries and buying longer term issues.

To little surprise, the FOMC also reiterated that it expects economic conditions to warrant exceptionally low levels of the federal funds rate at least through mid-2013.

A knee-jerk response to the Policy Statement made for some whipsaw action among stocks, but the major equity averages eventually broke down and descended deep into negative territory. The Dow, S&P 500, and Nasdaq Composite all closed at session lows.

Although nothing slight, the Nasdaq's loss wasn't quite as severe as that of its counterparts. The Nasdaq had been propped up for the better part of the session by tech plays following better-than-expected quarterly reports and forecasts from Oracle (ORCL 29.82, +1.47) and Adobe (ADBE 24.93, +0.29). Autodesk (ADSK 28.71, +0.60) also attracted buyers after analysts at JPMorgan upgraded the stock.

Although not a member of the Nasdaq, software products, solutions, and services outfit Hewlett-Packard (HPQ 23.96, +1.49) staged an impressive performance as participants applauded the idea that the company may be considering the removal of its current Chief Executive.

Tech giant Microsoft (MSFT 26.11, -0.86) announced a 25% hike to its quarterly dividend, but that actually induced a negative reaction as investors regarded it as another sign that the firm continues to struggle to find investment-worthy growth opportunities.

Tech stocks ended the day with a 1.3% loss near its 50-day moving average after the group had been up more than 1% at their session high. Still, their loss was the least severe of any major sector.

Financials fell the hardest. The sector slumped to a 4.9% loss as banking plays and diversified financial services stocks tumbled. Analysts at Moody's announced today that they have downgraded the debt on Bank of America (BAC 6.38, -0.52), Citigroup (C 25.52, -1.41), and Wells Fargo (WFC 23.71, -0.96).

Treasuries rallied in response to the Fed's plan and the stock market's weakness, such that the yield on the benchmark 10-year Note fell back below 1.90% to flirt with record lows.

Advancing Sectors: (None)
Declining Sectors: Tech -1.3%, Utilities -1.7%, Consumer Staples -1.8%, Telecom -2.1%, Health Care -2.6%, Consumer Discretionary -3.0%, Industrials -4.0%, Energy -4.0%, Materials -4.5%, Financials -4.9%DJ30 -283.82 NASDAQ -52.05 NQ100 -1.6% R2K -3.7% SP400 -3.4% SP500 -35.33 NASDAQ Adv/Vol/Dec 444/2.16 bln/2132 NYSE Adv/Vol/Dec 442/1.21 bln/2593

3:30 pm : Commodities like gold, silver and crude oil spent the session waiting on today's Fed decision. Gold, which posted very modest losses to close at $1807 per ounce, and silver, which ended up 1.8% at $40.53 per ounce, have since sold off sharply on the heels of the Fed's decision. Both metals were pressured by the surge seen in the dollar. Gold recently put in fresh lows at $1781.30, while silver remains just above overnight highs at $39.77.

Despite this morning's bearish inventory data, crude oil traded near the flat line heading into the FOMC announcement. Futures, which closed down 1.1% at $85.92 per barrel minutes after the announcement, sold off sharply into negative territory on the strength in the dollar and corresponding weakness in equities. They remain near lows, at $85.08, in electronic trade. Natural gas prices ended lower by 1.8% at $3.73 per MMBtu ahead of tomorrow's inventory data.DJ30 -129.04 NASDAQ -6.98 SP500 -12.61 NASDAQ Adv/Vol/Dec 834/1.6 bln/1677 NYSE Adv/Vol/Dec 710/801.1 mln/2329

3:00 pm : Stocks endured some whipsaw action in the minutes that followed the latest FOMC Policy Statement before eventually breaking down to set a new session low. Stocks have since attempted to stabilize and work their way up from those depths.

Despite widespread weakness, tech stocks continue to trade with enviable gains. The sector, which is the only one in positive territory, currently boasts a 0.8% gain. Materials are at the opposite end of the spectrum; they are leading declining issues with a 2.3% loss. DJ30 -109.10 NASDAQ -3.97 SP500 -14.02 NASDAQ Adv/Vol/Dec 840/1.35 bln/1620 NYSE Adv/Vol/Dec 635/660 mln/2355

2:30 pm : Stocks and Treasuries are experiencing some whipsaw action in response to the latest FOMC Policy Statement, which indicated that in order to support a stronger economic recovery and that inflation is at levels consistent with its mandate, the FOMC intends to purchase by the end of June 2012 $400 billion of Treasury securities with maturities of six years to 30 years while selling an equal amount of Treasuries with remaining maturities of three years or less. The plan is reflective of the "operation twist" that the market had come to expect.DJ30 -87.95 NASDAQ +0.14 SP500 -11.57 NASDAQ Adv/Vol/Dec 1175/1.15 bln/1275 NYSE Adv/Vol/Dec 935/555 mln/2035

2:00 pm : Although action remains choppy, the range of action has narrowed during the course of the past hour. The tightening comes as participants prepare to receive the latest FOMC policy statement, which will almost undoubtedly stir some kind of a knee-jerk reaction when it is released at around 2:15 PM ET. Participants will generally be looking for new commentary on economic conditions and any new plans intended to help stimulate activity.DJ30 -40.61 NASDAQ +7.15 SP500 -7.04 NASDAQ Adv/Vol/Dec 1150/1.07 bln/1275 NYSE Adv/Vol/Dec 905/510 mln/2045

1:30 pm : Stocks continue to chop along in range bound trade. For the S&P 500, it has spent almost three hours restricted to a span of about seven points, or slightly more than 0.5%.

Even though the stock market hasn't really gone anywhere, Treasuries have been backed down a bit in recent action. Still, the benchmark 10-year Note remains about 10 ticks for the better. DJ30 -22.75 NASDAQ +11.12 SP500 -5.44 NASDAQ Adv/Vol/Dec 1170/990 mln/1245 NYSE Adv/Vol/Dec 905/475 mln/2035

1:00 pm : The broad market has begun to move up from its session low, which was set recently in response to news that Bank of America (BAC 6.62, -0.28), Wells Fargo (WFC 24.78, +0.11), and Citigroup (C 26.85, -0.08) all had their debt ratings downgraded by analysts at Moody's. The decision comes after Moody's had put the firms under review a few months ago.

Some knee-jerk selling cut down the financial sector to a loss of about 2%, but the group has managed to attract some buying interest that has help it cut its loss to 1.4%. Still, the sector remains among this session's poorest performers, which are primarily made up of cyclical plays like materials (-1.7%), energy (-1.5%), and industrials (-1.4%).

Tech stocks are collectively up 1.0%, thanks to better-than-expected earnings from Oracle (ORCL 30.79, +2.44) and Adobe (ADBE 3.96, +0.98) and an analyst upgrade of Autodesk (ADSK 29.83, +1.72). Even though tech plays, which make up the largest sector by market weight, have been unable to lead the broader market out of the red, they have helped prop up the tech-rich Nasdaq after it underperformed its counterparts in the prior session.

Broad market weakness and uncertainty ahead of the latest FOMC Policy Statement, which is expected at 2:15 PM ET, has helped drive higher demand for Treasuries. In turn, the yield on the benchmark 10-year Note is now back near 1.90%. That's not much above its record low.

Gold hasn't garnered a great deal of support, however. Instead, the yellow metal is currently unchanged at $1809 per ounce.

The dollar has turned lower in recent trade. It now trails a collection of competing currencies by 0.2%. It had been up modestly earlier today. DJ30 -45.51 NASDAQ +6.93 SP500 -8.06 NASDAQ Adv/Vol/Dec 1135/870 mln/1245 NYSE Adv/Vol/Dec 900/405 mln/2030

12:30 pm : News that analysts at Moody's downgraded the debt of Bank of America (BAC 6.70, -0.20) has been followed by a flurry of selling, which has dropped the broad market to a new session low. Bank stocks, represented by the KBW Index, are also at a new session low and contending with a 1.5% loss. As for the rest of the financial sector, it is down with a 1.3% loss.DJ30 -66.72 NASDAQ +5.30 SP500 -8.77 NASDAQ Adv/Vol/Dec 1150/765 mln/1195 NYSE Adv/Vol/Dec 965/345 mln/1940

12:00 pm : Stocks are working their way upward, but neither the Dow nor the S&P 500 has managed to find their way out of negative territory. In contrast, the tech-rich Nasdaq now boasts a stolid gain as Autodesk (ADSK 30.11, +2.00) rallies in response to an analyst upgrade and Oracle (ORCL 30.50, +2.15) climbs sharply to a monthly high following news of an upside earnings surprise. Adobe (ADBE 25.42, +0.78) is also up nicely following its better-than-expected earnings report.DJ30 -41.93 NASDAQ +11.51 SP500 -4.31 NASDAQ Adv/Vol/Dec 1185/680 mln/1145 NYSE Adv/Vol/Dec 1065/310 mln/1790

11:30 am : In a relatively uncommon development, an advance by the euro hasn't stopped the Dollar Index from staging a gain of its own. The euro was last quoted with a 0.2% gain at $1.371, but the Dollar Index is still up 0.1%. Most of the dollar's strength today is due to a decline in the sterling pound, which was recently quoted with a 0.7% loss at $1.562.DJ30 -54.99 NASDAQ +2.85 SP500 -6.09 NASDAQ Adv/Vol/Dec 1065/580 mln/1225 NYSE Adv/Vol/Dec 925/260 mln/1890

11:00 am : Stocks have succumbed to selling pressure. The action has left the S&P 500 and Dow to fall to marked losses. The Nasdaq has managed to limit its loss, though, thanks largely to strength among tech plays. Tech stocks, up 0.2%, make up the only major sector still in positive territory.DJ30 -63.39 NASDAQ -6.76 SP500 -8.43 NASDAQ Adv/Vol/Dec 1090/438 mln/1135 NYSE Adv/Vol/Dec 975/194 mln/1800

10:35 am : Commodities are mixed and the dollar index remains higher, which is adding some selling pressuring on commodities this morning.

Crude oil futures were in negative territory all morning. The energy component rallied $1.00/barrel off its earlier session low of $85.82/barrel, but it couldn't manage to break into positive territory. Following inventory data, which showed a draw of 7.3 mln barrels versus consensus which called for a draw of 1.3 mln barrels, crude oil rallied above the $87 area and as now up 0.2% at $87.18/barrel.

Natural gas is down 1.1% at $3.76/MMBtu.

Gold moved into the red a few hours ago and has displayed little volatility today. Silver hit a session high of $40.55/oz earlier this morning, but fell into negative territory in recent activity. Currently, gold is down 0.9% at $1792.80/oz and silver is down 0.3% at $40.02/oz.DJ30 -4.96 NASDAQ +9.73 SP500 -2.26 NASDAQ Adv/Vol/Dec 1219/386 mln/993 NYSE Adv/Vol/Dec 1108/173 mln/1638

10:05 am : Just announced, existing home sales hit an annualized rate of 5.03 million units during August. That exceeds the 4.70 million unit rate that had been expected, on average, among economists polled by Briefing.com. The pace is also up from the rate of 4.67 million units recorded during the prior month.

The broad market hasn't really reacted to the data. However, homebuilders Lennar (LEN 14.32, +0.22), KB Home (KBH 6.59, +0.15), and PulteGroup (PHM 4.54, +0.03) are all up nicely as investors infer that a pick up in existing home sales could precipitate an acceleration in the rate of new home sales. DJ30 +21.45 NASDAQ +18.05 SP500 +1.52 NASDAQ Adv/Vol/Dec 1215/164 mln/800 NYSE Adv/Vol/Dec 1120/78 mln/1475

09:45 am : Stocks lack direction in the first few minutes of trade. That has left the Dow and S&P 500 to trae near the neutral line. However, the Nasdaq has managed to run ahead to a rather strong gain after it had suffered an outsized loss in the prior session.

Tech stocks are propping up the Nasdaq this morning. The group's collective 1.0% climb comes in the wake of pleasing quarterly reports from Oracle (ORCL 30.15, +1.80) and Adobe (ADBE 25.33, +0.69). However, Microsoft (MSFT 26.88, -0.10) has faltered following news that the company hiked its quarterly dividend by 25%. Many investors regard Microsoft's decision as proof that the company remains challenged to find growth opportunities. DJ30 +7.72 NASDAQ +17.27 SP500 +1.78

09:15 am : S&P futures vs fair value: -0.10. Nasdaq futures vs fair value: +7.20. Stock futures have improved their position in recent trade, but only a flat start to trade is anticipated. The move coincides with an uptick by Europe's major market averages amid a rumor that France could push for a recapitalization of the country's banking sector. Just last week a few of France's leading financial institutions had their debt ratings downgraded. Still, participants remain cautious ahead of the latest FOMC policy statement, which is expected to hit newswires at 2:15 PM ET.

09:05 am : S&P futures vs fair value: -0.20. Nasdaq futures vs fair value: +5.50. Oil prices are down 0.6% to $86.35 per barrel in the first few minutes of pit trade. Selling pressure precedes the latest weekly inventory report, which is due at 10:30 AM ET. Elsewhere in the energy complex, natural gas prices are down 0.4% to $3.78 per MMbtu. Precious metals are mixed this morning. Specifically, gold prices are down 0.4% to $1802 per ounce, but silver prices have advanced 0.7% to $40.40 per ounce. Overall action among commodities has the CRB Commodity Index down 0.3%.

08:30 am : S&P futures vs fair value: -3.90. Nasdaq futures vs fair value: -1.30. Europe's major bourses are under pressure as participants there remain focused on what unfolds with regard to Greece. Widespread weakness has the EuroStoxx 50 down 1.5%. Meanwhile, Germany's DAX is down 1.5%. Man SE, Metro AG, and SAP make up the only three names in the 30-member bourse that have managed to put together any kind of a gain. France's CAC has fallen to a 1.3% loss. Capgemini is the sole advancer among 40 components. In Britain, the FTSE is off by 1.4%. Inmarsat, down almost 5%, is the worst performer in the Index, while Lloyds Group (LYG) is at the opposite end of the spectrum, sporting a 4% gain. Overnight action in Asia varied. Japan's Nikkei mustered a 0.2% gain with help from Olympus, Isuzu Motors, and Shinsei Bank. Softbank and Advantest weighed on action, though. Hong Kong's Hang Seng fell 1.0%. Esprit tumbled almost 11% amid more aggressive selling pressure, but Li & Fung successfully fended off selling pressure to stage an impressive 4% climb. Mainland China's Shanghai Composite rallied to close with a 2.7% gain. Financials and banking plays provided leadership.

08:00 am : S&P futures vs fair value: -3.80. Nasdaq futures vs fair value: -3.50. Stocks surrendered their gains by rolling over late in the prior session. The weak finish and lackluster overnight action in Asia has led to some considerable selling in Europe, even though there were reports last evening that officials from the European Union believe progress is being made in their dealings with Greece's debt. Despite the negative backdrop, stock futures are down only slightly this morning. The cautious posture of premarket trade precedes the latest FOMC policy statement, which is expected to be released at 2:15 PM ET. Before that, though, the economic calendar features monthly existing home sales numbers at 10:00 AM ET. Corporate news is concentrated on the tech sector following quarterly results from Oracle (ORCL) and Adobe (ADBE). Both firms exceeded Wall Street's EPS expectations by a penny and issued strong guidance. Meanwhile, Microsoft (MSFT) announced a 25% hike in its quarterly dividend, which now stands at $0.20 per share. General Mills (GIS) is also in the mix this morning. The consumer staples play posted an upside earnings surprise of its own. It also reaffirmed its guidance.

06:54 am : [BRIEFING.COM] S&P futures vs fair value: +2.00. Nasdaq futures vs fair value: +8.30.

06:54 am : Nikkei...8741.16...+19.90...+0.20%. Hang Seng...18824.17...-190.60...-1.00%.

06:54 am : FTSE...5345.51...-18.20...-0.30%. DAX...5518.96...-52.70...-1.00%.

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
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