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 Post subject: December 16th Friday 2011 Emini TF ($TF_F) points +29.60
PostPosted: Fri Dec 16, 2011 10:38 pm 
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Joined: Sat Jan 10, 2009 2:06 pm
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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 performance verification

Trade Performance for Today: +29.60 points or $2960 dollars in the Russell 2000 Emini TF ($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=98&t=1088.

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=119&t=718.

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=146&t=1312

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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.

Stocks Rise As Commodity Producer Gains Outweigh Europe

Dec. 16 (Bloomberg) -- Bloomberg's Deborah Kostroun reports on the performance of the U.S. equity market today. U.S. stocks rose, paring a weekly loss in the Standard & Poor's 500 Index, as gains among commodity producers helped overcome debt-crisis concerns after Fitch Ratings said it may cut ratings of European nations.

Stocks Close Week Down More Than 2.5%

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NEW YORK (CNNMoney) -- Stocks ended Friday mixed after a roller-coaster week in which all three indexes each lost more than 2.5%.

After moving up more than 1% in the first hour of trading, stocks steadily retreated.

The Dow Jones industrial average (INDU) closed the day down 2 points, or 0.02%. The S&P 500 (SPX) moved up 4 points, or 0.3%. The Nasdaq (COMP) increased 15 points, or 0.6%. Both the Dow and S&P shed 2.8% for the week, and the Nasdaq dropped 3.4%.

Part of the sell-off came after Fitch put seven European countries on credit watch negative, citing the higher probability that it could downgrade these nations in the next few months. Still, investors breathed a sigh of relief that France, in particular, retained its pristine AAA rating.

Beyond France, Fitch Ratings also affirmed the ratings of Belgium, Spain, Slovenia, Italy, Ireland and Cyprus, while putting them on review for potential near-term downgrades Friday after the European markets closed.

"Everyone was concerned that France would lose its AAA, so overall investors are taking Fitch's moves as more of a positive," said Michael James, senior equity trader at Wedbush Morgan Securities.

* Europe's odds of success

Ahead of the opening bell, the government released its latest data on inflation, which showed consumer prices rose at a 3.4% annual rate in November. That was virtually unchanged from the prior month.

"The good news is that we've had slightly better economic numbers, but the bigger picture is there's no confidence," said Ted Weisberg, president of Seaport Securities.

Weisberg and other traders said volumes have been particularly light in the past week both ahead of the holiday break and because few investors have conviction over the market's direction.

Friday also marks "quadruple witching," when four types of contracts expire -- those tied to market index futures, market index options, stock options and stock futures.

While many traders try to settle out those contracts ahead of expiration, there is often some volatility on the actual day.

* Video - Cracks in Europe's new fiscal treaty

"When you have options expirations, it tends to skew trading," said Weisberg. "They're sort of throwaway days."

U.S. stocks closed higher Thursday on upbeat jobs and manufacturing reports, but the market remains nervous about the European debt crisis.

After the close Thursday, Fitch downgraded seven banks, including Bank of America (BAC, Fortune 500), Morgan Stanley (MS, Fortune 500), and Goldman Sachs (GS, Fortune 500), as well as Europe's Barclays, Societe Generale, BNP Paribas, Deutsche Bank and Credit Suisse. Most major banks ended the day down, with Goldman Sachs dropping almost 2%.

Economy: Federal officials also said Friday that Europe's crisis could wind up being a job killer for the United States.

New York Fed President William Dudley told lawmakers that deterioration in the European economy could reduce demand for U.S. products. And Steven Kamin, director of the division of international finance at the Federal Reserve, echoed those comments with equally dire testimony.

Companies: Shares of Zynga (ZNGA) rose 10% in their public debut on the Nasdaq, before closing the day down 5% from its IPO price. The maker of popular Facebook game Farmville priced shares at $10 apiece in the its initial public offering late Thursday.

Research in Motion (RIMM) shares dropped sharply, a day after the BlackBerry maker offered a disappointing outlook for the current quarter and next year, when it released its earnings results.

* Video - Will Blackberry make it to Christmas 2012?

World markets: European stocks closed the day with modest losses. Britain's FTSE 100 (UKX) ticked down 0.3% while the DAX (DAX) in Germany edged down 0.5%. France's CAC 40 (CAC40) shed 0.9%.

Asian markets ended higher. The Shanghai Composite (SHCOMP) rose 2%, the Hang Seng (HSI) in Hong Kong gained 1.4% and Japan's Nikkei (N225) edged higher 0.3%.

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

Oil for January delivery increased 12 cents to $93.99 a barrel.

Gold futures for February delivery rose $20.70 to $1,597.90 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury increased pushing the yield down to 1.86% from 1.91% late Thursday.

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Market Update

4:30 pm : The stock market was bid higher in the early going, but for the second straight session its failure to overcome resistance resulted in selling that left the major averages to finish the week in relatively mixed fashion.

This morning stocks benefited from strong buying on above-average volume, which was inflated by quadruple witching options expiration. Another pullback in sovereign debt yields was regarded as a relatively tacit sign that confidence in the precarious eurozone periphery may have improved, at least for the time being. That notion also helped the euro, although the currency's early gain was eventually clipped.

Although Europe's bourses ultimately forfeited their gains to end the week on a down note, many there seemed unsurprised by the decision by Fitch to cut ratings on several of the continent's major financial outfits. Bank of America (BAC 5.20, -0.06) and Goldman Sachs (GS 90.10, -1.80) were included in that list, but financials still provided leadership. The sector settled with a 0.5% gain after retreating alongside the broad market.

The broad market had been up about 1% in the early going, but rolled over after it failed to push past a key pivot point. Interestingly, that point proved too much to overtake after the S&P 500 successfully cleared its 50-day moving average, which had been a challenging line in the prior session and in the opening minutes of trade on Friday.

The modest gain helped improve the stock market's weekly performance, but not by much. Stocks suffered a weekly loss of slightly less than 3%. They're also down about 3% year to date.

The inability to overcome resistance in the prior session also prompted participants to turn against stocks. Buyers had initially began to scoop up stocks after the broad market had tumbled for a cumulative loss of more than 3% during the course of only three sessions. Sentiment was strengthened amid a successful debt offering from Spain and news of improved eurozone manufacturing activity during December. Domestic data also provided encouragement in the early going, but it was eventually shrugged off.

The first three sessions of the week saw stocks average losses of about 1%. A lack of progress by Europe's leaders in restoring economic and financial conditions in both the core and periphery of the continent often hung over the minds of many traders. Those themes also implicated the euro; it dropped to an 11-month low near $1.29 on Wednesday before making a modest recovery in the back half of the week. The euro suffered a weekly loss of 2.6%.

Trade on Tuesday saw stocks advance in the early going, but inevitably rolled over as participants opted to sell after the Fed failed to offer any new sign that it may be considering the implementation of another round of quantitative easing. Instead, the Fed kept its target interest rate in the range of 0.00% to 0.25% and remained committed to extending the average maturity of its holdings, as had been widely expected.

The week began with participants discouraged by data that showed China, a key player in keeping the global economy afloat, experienced a slowdown in export growth during November. Concerns were also raised about the formidable task associated with the efficient implementation of plans established during the previous week's eurozone summit.

Corporate news was mixed this week. Dow component and semiconductor bellwether Intel (INTC 23.23, -0.08) disappointed investors at the beginning of the week by issuing a cautious outlook. Big box electronics retailer Best Buy (BBY 23.19, -0.17) posted earnings that came short of what Wall Street had expected. On the positive side of things, FedEx (FDX 84.89, +1.42) reported a better-than-expected bottom line, while Discover Financial Services (DFS 24.23, +1.16) posted an upside earnings surprise of its own. The company also increased its quarterly dividend. A strong quarterly report from Adobe Systems (ADBE 28.20, +1.74) proved pleasing to investors at week's end.

Data for the week featured retail sales numbers for November that featured a 0.2% increase in both total sales and sales less autos. Total sales had been expected to increase by 0.6%, while sales less autos had been generally expected to post a 0.5% increase.

The latest initial weekly jobless claims tally dropped to a 43-month low of 366,000. Economists polled by Briefing.com had expected something closer to 390,000.

December readings for the Empire State Manufacturing Survey and the Philadelphia Fed Survey improved to 9.5 and 10.3, respectively. It was generally expected that the Empire State Manufacturing Survey would improve to 3.0 and that the Philly Fed Survey would improve to just 4.5.

Industrial production declined by 0.2%, which contrasted with the consensus call for a 0.2% increase. Industrial production last declined in April.

November price data were also posted this week. Overall producer prices increased by 0.3%, but core prices increased by 0.1%. Total consumer prices were flat, but core prices increased by 0.2%. All producer price measures and consumer price measures had been expected to increase by 0.1%. There was nothing unusual in the core data that suggests inflationary problems may be gaining traction as we head into 2012.

Precarious market conditions spurred above-average demand at the latest series of Treasury auctions. An auction of 3-year Notes drew a bid-to-cover of 3.62, dollar demand of $115.8 billion, and an indirect bidder participation rate of 39.1%. An auction of 10-year Notes attracted dollar demand of $74.1 billion on a bid-to-cover ratio of 3.53 and an indirect bidder participation rate of 61.9%. A 30-year Bond auction drew a bid-to-cover of 3.05, dollar demand of $39.7 billion, and an indirect bidder rate of 32.5%. By the end of the week the yield on the benchmark 10-year Note dropped to a two-month low just beneath 1.85%. DJ30 -2.42 NASDAQ +14.32 NQ100 +0.5% R2K +0.8% SP400 +1.0% SP500 +3.91 NASDAQ Adv/Vol/Dec 1412/2.50 bln/1103 NYSE Adv/Vol/Dec 1863/1.73 bln/1121

3:30 pm : Despite a relatively mixed start, commodities booked varied gains today. That gave the CRB Index a modest gain of 0.2%, but only trimmed the CRB's weekly loss to little less than 4%, which made for the CRB's worst weekly performance in three months.

Precious metals were among the better performers. Specifically, gold prices gained 1.2% to settle at $1596.60 per ounce, while silver scored a 1.0% gain to $29.55 per ounce.

The energy complex saw limited strength as oil prices ticked up to $94.10 per barrel for a 0.2% gain. Natural gas prices settled only 0.3% higher at almost $3.14 per MMBtu, but to do so the energy component had to peel itself up from the two-year low of about $3.08 per MMBtu that was set shortly before pit trade opened. DJ30 -5.83 NASDAQ +12.15 SP500 +3.27 NASDAQ Adv/Vol/Dec 1375/1.68 bln/1135 NYSE Adv/Vol/Dec 1790/865 mln/1170

3:00 pm : The major equity averages remain caught in choppy trade as they enter the final hour of the session.

The market's inability to hold early gains in each of the last two sessions has the S&P 500 on pace for a weekly loss of 3% and a loss of little more than 2% for the month. Stocks haven't had such a weak month since they slid about 7% in September. Also, with stocks down about 3% this year, the S&P 500 is on pace for its poorest annual performance since 2008, when it suffered a precipitous drop of almost 40%. DJ30 -6.65 NASDAQ +12.68 SP500 +2.87 NASDAQ Adv/Vol/Dec 1255/1.56 bln/1240 NYSE Adv/Vol/Dec 1655/815 mln/1290

2:30 pm : The broad equity market is on track for a weekly loss of about 3.0%, which follows a weekly gain of almost 1% and before that a weekly surge greater than 7%. For the month, though, the stock market is down about 2.4%. It is down about 3.3% for the year.DJ30 -28.15 NASDAQ +9.44 SP500 +0.54 NASDAQ Adv/Vol/Dec 1310/1.47 bln/1185 NYSE Adv/Vol/Dec 1715/785 mln/1225

2:00 pm : Stocks aren't moving with much direction as they enter mid-afternoon trade. The choppy action is partly the result of the dramatic pickup in options-related trade since today is a quadruple witching options expiration date. Quadruple witching options expiration is characterized by the expiration of stock options, single stock futures, stock market index futures, stock market index options.DJ30 -20.89 NASDAQ +12.37 SP500 +1.61 NASDAQ Adv/Vol/Dec 1310/1.38 bln/1150 NYSE Adv/Vol/Dec 1770/745 mln/1160

1:30 pm : The S&P 500 retreated all the way to the neutral line before stabilizing. From there it has managed to reclaim a portion of earlier gains.

Still, efforts to pare risk have favored Treasuries. As such, buying in the benchmark 10-year Note has pushed its yield down to just 1.85%, which makes for a two-month low. DJ30 -6.65 NASDAQ +15.82 SP500 +3.97 NASDAQ Adv/Vol/Dec 1310/1.28 bln/1145 NYSE Adv/Vol/Dec 1730/710 mln/1180

1:00 pm : Stocks were bid higher this morning and even overcame resistance at the broad market's 50-day moving average, but the inability to extend the move through secondary resistance resulted in a reversal that has left the major averages mixed at session lows.

Per usual, many market participants took their early cues from Europe's bourses, which were up with modest gains before the U.S. open. Sentiment was helped by another pullback in sovereign debt yields, a trend generally considered tantamount to increased confidence. The euro also displayed some early strength against the greenback.

Efforts by the dollar to cut its loss undermined strength in the closing minutes of premarket trade, but once the opening bell tolled market participants paid more attention to how stocks would behave when the S&P 500 came in contact with its 50-day moving average. The broad market measure was initially rebuffed at that point, but was able to regroup and overtake the line.

Despite such a feat, the stock market struggled to extend its advance very far beyond that point because of additional resistance, prompting participants to pare their positions. The effort has been relatively steady and recently put the S&P 500 in contact with the neutral line while the Dow dropped into negative territory.

Financials continue to provide support, though. The sector is currently up 0.7%, which is only about half of what it was at session high, but it remains the best performing group of the day. Its relative strength remains even after shares of Bank of America (BAC 5.26, +0.00) and Goldman Sachs (GS 90.65, -1.25) forfeit early gains that came in the face of news that the pair, along with a handful of European financial outfits, had their debt ratings reduced by analysts at Fitch.

Economic data was limited to the November CPI, which showed no change in overall consumer prices and a 0.2% increase in core prices.

Share volume has been exceptionally strong this session. The robust rate of participation comes as a result of quadruple-witching options expiration. DJ30 -13.62 NASDAQ +13.98 SP500 +2.92

12:30 pm : Stocks have extended their recent slide so that the major equity averages are now at session lows. The downturn has actually taken the Dow into negative territory.

Financials remain a source of support, although the sector's gain -- 0.7% -- is only about half of what it was at session high. Still, financials remain the best performing sector. Broad market participants have basically brushed aside the decision by analysts at Fitch to downgrade the debt of Bank of America (BAC 5.26, +0.00) and Goldman Sachs (GS 90.47, -1.43), although shares of those two outfits have been trending lower after making their way higher in the early going. Downgrades to debt often increase capital costs and requirements for the firm under review. DJ30 -29.89 NASDAQ +11.28 SP500 +1.36 NASDAQ Adv/Vol/Dec 1440/1.08 bln/975 NYSE Adv/Vol/Dec 1915/635 mln/970

12:00 pm : Stocks recently moved another leg lower, leaving the broad market with a gain that is only about half of what it had been when stocks were at session highs. With gains being checked by participants, the stock market remains on track for a weekly loss of little more than 3%.

Meanwhile, the dollar hasn't been doing much at all recently. Instead, it has generally traded near or narrowly below the neutral line, which is where it is now. The lack of movement has kept the greenback on pace for a weekly gain of 2.0%, though. Earlier this week it set a new multi-month high. DJ30 +4.92 NASDAQ +19.54 SP500 +5.38 NASDAQ Adv/Vol/Dec 1650/940 mln/735 NYSE Adv/Vol/Dec 2135/590 mln/745

11:30 am : Stocks recently slipped, but the S&P 500 has been able to stabilize near its 50-day average, which had actually been a point of resistance in the early going.

Although it trades with a modest gain, the Dow has been trailing its counterparts for most of the day. Its relative weakness comes as the likes of IBM (IBM 184.40, -3.08) and United Technologies (UTX 72.60, -0.93) trade lower.

Meanwhile, the Nasdaq has been able to maintain a nice lead over the other headline indices for the better part of the session. Adobe Systems (ADBE 28.34, +1.89) has helped inspire buying in software-related plays following its latest quarterly report, which featured better-than-expected earnings. DJ30 +52.55 NASDAQ +33.00 SP500 +10.55 NASDAQ Adv/Vol/Dec 1720/810 mln/640 NYSE Adv/Vol/Dec 2230/560 mln/620

11:00 am : After being rebuffed by its 50-day moving average just above 1225, the S&P 500 was able to regroup and make a successful move past that point in its second attempt. Stocks have been slow to build on that move, though. Rather than extend their gains, they have entered into a sideways drift.DJ30 +88.29 NASDAQ +41.07 SP500 +13.53 NASDAQ Adv/Vol/Dec 1720/660 mln/590 NYSE Adv/Vol/Dec 2280/515 mln/540

10:35 am : The dollar index has moved back near the unchanged line, which has added some pressure on the commodity complex.

Crude oil futures ran as high as $94.79/barrel earlier this morning, and given the recent strength in the dollar index, crude is back near $94; now at $94.09, up 0.3% Natural gas is up about 0.6% at $3.15/MMBtu. Overall, the energy sector is showing modest gains.

In the metals space, aluminum futures are down 0.3% at $1870.50/ton, but gold, silver, copper and platinum are showing gains. Gold hit a session high of $1603.50/oz a few hours ago, but is now back below the $1600 level. Currently, gold is up 0.9% at $1591.60/oz. Silver ran as high as $29.92/oz earlier and is now up 1.2% at $29.64/oz.DJ30 +75.04 NASDAQ +38.44 SP500 +12.69 NASDAQ Adv/Vol/Dec 1718/638 mln/577 NYSE Adv/Vol/Dec 2270/514 mln/550

10:00 am : Stocks have stabilized after being rebuffed by broad market resistance, but they haven't yet made an attempt to re-test session highs.

Financials are offering early leadership, much as they did in the prior session. Financials have run up to a 1.3% gain, which has given the group a nice lead over the broad market. During the prior session, financials ran out to a 1.5% gain in the early going, but inevitably balked and ended the day at the flat line.

Given that this is a quadruple witching options expiration day, trading volume has surged so that share volume on the NYSE is already at 400 million shares in just the first 30 minutes of trade. DJ30 +67.17 NASDAQ +29.22 SP500 +10.13 NASDAQ Adv/Vol/Dec 1620/300 mln/450 NYSE Adv/Vol/Dec 2250/400 mln/380

09:45 am : Some of the wind was taken out of stock futures by a rising dollar, but that dynamic seemed to be put on hold during the opening minutes of trade. More specifically, the dollar continued its climb so that came in contact with the neutral line, but that hardly interrupted buying interest, which quickly drove the broad market up to a gain of almost 1%.

However, for the second straight session the S&P 500 encountered resistance at its 50-day moving average, which now runs slightly above the 1225. Once again, the inability to push past that point prompted participants to pare their positions, resulting in a broad market pullback. DJ30 +61.00 NASDAQ +22.81 SP500 +8.77

09:15 am : S&P futures vs fair value: +9.10. Nasdaq futures vs fair value: +16.70. Stock futures are off of their morning highs, but they still point to a positive open for the major equity averages. The premarket pullback, although modest, coincides with an upturn by the dollar, which has trimmed its loss against a collection of competing currencies to only 0.2%.

Less attention has been paid to the fact that analysts at Fitch downgraded the debt ratings of Bank of America (BAC 5.31, +0.05), Goldman Sachs (GS 92.70, +0.80), and several European financial outfits. Note: ticker quotes reflect premarket prices. More recently, analysts at S&P issued cautious comments regarding the possibility of a more severe recession in Europe next year, especially if the European Union fails to address sovereign debt problems. Such concepts are anything but new.

No riveting data have been released today -- the November CPI featured no change in overall prices and a 0.2% increase in core prices.

09:05 am : S&P futures vs fair value: +10.00. Nasdaq futures vs fair value: +18.40. The CRB Index is up 0.4% this morning. However, natural gas prices continue to follow a downward trend that took prices to $3.08 per MMBtu ahead of pit trade. That marked the energy component's lowest level in more than two years. Natural gas prices have since eased up to $3.10 per MMBtu, which makes for a 1.0% loss. At $94.15 per barrel, crude oil prices are off by 0.3% in early pit trade. Precious metals are performing well. Specifically, gold prices are boasting a 1.0% gain at $1593 per ounce, while silver sports a 1.2% gain at $29.62 per ounce.

08:35 am : S&P futures vs fair value: +10.70. Nasdaq futures vs fair value: +16.90. Although still strong, stock futures have eased back from recent highs. The slip was more likely the result of an uptick by the greenback than something induced by the latest dose of consumer price data. For November, overall consumer prices were flat from the prior month, but core prices increased by 0.2% from the prior month. The consensus among economists polled by Briefing.com had called for increases of 0.1% in both measures. As for the dollar, its efforts to trade higher have stalled, leaving it to trade with a 0.3% loss.

08:05 am : S&P futures vs fair value: +11.50. Nasdaq futures vs fair value: +18.70. Resistance in the prior session prompted stocks to surrender a substantial portion of their gains so that the major averages settled only modestly higher, but buyers continue to show a presence this morning. Their support has stock futures leading fair value, portending a positive start to today's trade.

Premarket strength comes despite Fitch's decision to downgrade the debt ratings of Bank of America (BAC 5.32, +0.06), Goldman Sachs (GS 92.73, +0.83), and a handful of European financial outfits. Other corporate news includes a disappointing quarterly report and forecast from BlackBerry mobile device maker Research In Motion (RIMM 13.62, -1.51). Note: all ticker quotes reflect premarket prices.

However, sentiment in Europe continues to influence action at home. As such, gains by the euro and the continent's major bourses amid a pullback in soverign debt yields have helped inspire renewed buying interest ahead of the open. Even if the positive tone persists, though, stocks will still have a ways to go before they can fully offset the losses suffered earlier this week -- stocks are down about 3% for the week.

As an aside, the monthly consumer price data make up the only item on today's economic calendar; numbers are due at 8:30 AM ET.

08:02 am : [BRIEFING.COM] S&P futures vs fair value: +10.70. Nasdaq futures vs fair value: +15.70.

08:01 am : Nikkei...8401.72...+24.40...+0.30%. Hang Seng...18285.39...+258.60...+1.40%.

08:01 am : FTSE...5431.82...+31.00...+0.60%. DAX...5730.38...-0.20...0.00.

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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