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 Post subject: January 27th Friday 2012 Emini TF ($TF_F) points +18.60
PostPosted: Sat Jan 28, 2012 12:40 am 
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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

Price Action Trade Performance for Today: +18.60 points or $1860 dollars in the Russell 2000 Emini TF ($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=100&t=1125.

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 price action 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 price action 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=148&t=1341

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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.

Dow Breaks 3-Week Winning Streak

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

NEW YORK (CNNMoney) -- U.S. stocks ended mostly lower Friday as jittery investors digested a weaker-than-expected economic growth report and as Europe's debt crisis still loomed in the background.

The Dow Jones industrial average (INDU) dropped 74 points, or 0.6%, the S&P 500 (SPX) slipped 2 points, or 0.2%. The Nasdaq (COMP) managed to gain ground, adding 11 points, or 0.4%.

The Nasdaq and S&P 500 logged a fourth straight week of gains, but the day's declines in the Dow put the blue chip index in negative territory for the week, down 0.5%.

Friday's slump came as investors reacted to the government's first reading on fourth-quarter gross domestic product. The United States economy picked up speed at the end of 2011, growing at an annual rate of 2.8%, as consumers increased their spending. But the data fell short of the 3.2% forecast, based on a consensus of economists surveyed by Briefing.com.

While the worse-than-expected figure is disheartening, "the real disappointment is in the details" of the report, said Mark Chandler, global head of currency at Brown Brothers Harriman. Inventories rose during the quarter, accounting for a large part of the growth, but consumption growth, a measure of demand, was weak.

Investors had been hoping for news that would back up growing optimism about the nation's economic recovery. Instead, the news seemed to jive with the Federal Reserve's lower outlook for the economy.

The Fed announced Wednesday that it plans to keep the federal funds rate near zero until late 2014, because the recovery remains too slow to warrant higher interest rates any time soon.

Anxiety also continues to loom over Greece's ongoing negotiations with private-sector creditors in an attempt to reduce its debt burden. Without an agreement, the country jeopardizes its access to bailout funds and might not be able to make a €14 billion debt payment that's due March 20.

In addition, Fitch downgraded the sovereign debt ratings of five European countries, including Italy and Spain, which took the biggest hits.

* Europe's Debt Crisis

U.S. stocks ended in the red Thursday, as investors digested a mixed batch of corporate earnings results, and remained cautious amid lackluster economic data and the continuing debt talks in Greece.

Companies: Earnings reports were also weighing on the market on Friday.

Chevron (CVX, Fortune 500) was the worst performing stock on the Dow. Shares sank 2.5% after the company posted its biggest drop in quarterly earnings in two years and widely missed Wall Street's estimates.

Procter & Gamble (PG, Fortune 500) was also a big decliner on the Dow. Shares of the maker of Tide detergent, Crest toothpaste and Pringles snacks fell after the company lowered its outlook for the year.

An 5.4% drop in shares of DeVry (DV) was a big factor in the S&P 500's slide. The for-profit educator's earnings plunged 90% and undergraduate enrollment continued to decline.

Starbucks (SBUX, Fortune 500) was a big loser on the Nasdaq. While the coffee chain beat forecasts with strong earnings and revenue in its fourth quarter, shares slipped as investors were underwhelmed by the company's profit outlook for the future.

Ford (F, Fortune 500), aided by a one-time gain, posted 2011 profit of $20.2 billion -- its biggest since 1998. But for the quarter alone, earnings missed forecasts, and shares tumbled.

On the flip side, shares of Newell Rubbermaid (NWL, Fortune 500) and Eastman Chemical (EMN, Fortune 500) were big winners on the S&P 500 on the back of strong earnings.

Transocean (RIG) shares rose after a federal judge cleared the company of some damages related to the Deepwater Horizon spill, because it was shielded by a contract with well-owner BP. BP (BP) shares slumped.

Meanwhile, the Social Media ETF (SOCL) spiked 5% on news that Facebook is planning to file IPO registration papers next Wednesday, according to the The Wall Street Journal. Shares of social media companies LinkedIn (LNKD), Pandora (P), Groupon (GRPN) and Zynga (ZNGA) also popped following the report.

World markets: European stocks finished lower. Britain's FTSE 100 (UKX) and France's CAC 40 (CAC40) dropped about 1%, while the DAX (DAX) in Germany fell 0.2%.

Asian markets ended mixed. The Hang Seng (HSI) in Hong Kong added 0.3% and Japan's Nikkei (N225) was flat. Shanghai wrapped up a week-long celebration for Chinese New Year.

Economy: The University of Michigan's final installment of its January Consumer Sentiment Index rose to 75, up from an initial reading of 74. Economists were expecting the index to come in at 74.2.

* Why Soros thinks the euro will survive

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

Oil for March delivery edged down 14 cents to settle at $99.56 a barrel.

Gold futures for February delivery rose $5.50 to $1,732.20 an ounce.

Bonds: The price on the benchmark 10-year U.S. Treasury rose slightly, pushing the yield down to 1.90% from 1.93% late Thursday.

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Market Update

4:30 pm : Listless and lackluster action left stocks to slog along in negative territory for almost the entire session, but a late lift helped the S&P 500 limit its loss in the face of disappointing fourth quarter GDP data. The effort ensured the broad market measure eked out an incremental gain of less than 0.1% for the week. Still, that marked its fourth straight weekly gain.

The major equity averages were mostly mixed this session -- the Dow was down for the entire day, while the S&P 500 managed to limit its move lower and the Nasdaq maintained its position narrowly above the neutral line. Dow components Procter & Gamble (PG 64.30, -0.50) and Chevron (CVX 103.96, -2.63) both displayed weakness, even though consumer staples giant P&G posted an upside earnings surprise and integrated oil outfit Chevron was the one that came short of the consensus earnings estimate. The Nasdaq was helped by Netflix (NFLX 123.79, +7.78), which extended its prior session rally to offset weakness in Starbucks (SBUX 47.85, -0.49) as the coffee company suffered selling pressure despite its upside earnings surprise.

Other earnings reports featured on Friday included Ford (F 12.28, -0.46), which fell short of expectations, but Altria (MO 28.14, -0.52) had better-than-expected results. Honeywell (HON 58.27, +0.44) had an in-line report.

Financials offered some leadership late in the session. The sector had been mired in the red with a modest loss for most of the session, but broke out in the final hour. Although it eased off of its high in the final 30 minutes, it still settled with a 0.4% gain, which is better than what any other sector achieved on the session.

Utilities fell out of favor after they had posted the only gain of any major group in the prior session. The defensive-oriented sector slid 1.3% on Friday.

Although stocks spent most of the session trading in mixed fashion, market participants didn't appear too spooked or disappointed by an advance estimate on fourth quarter GDP, which showed that the economy grew at an annualized rate of 2.8% in the fourth quarter, up from a 1.8% clip in the prior quarter. However, the increase in activity still came short of the Briefing.com consensus call of 3.2% growth. A deeper look shows that most growth in the fourth quarter was owed to an increase in private inventories, although increases in personal consumption expenditures and residential fixed investment also provided positive contributions.

The University of Michigan released a finalized Consumer Sentiment Survey for January that showed a reading of 75.0, up from 74.0 in the preliminary reading. That exceeded the 74.2 that had been generally expected among economists polled by Briefing.com.

A substantial serving of economic reports on Thursday helped make up for the dearth of data earlier in the week, but their overall quality was mixed relative to expectations. Leading Indicators increased by 0.4% during December after a downwardly revised 0.2% increase in the prior month, but that was less than the Briefing.com consensus call for a 0.7% increase. For the first time since 1996 the Index experienced a change in its calculation.

Durable goods orders for December increased by 3.0% to best the Briefing.com consensus for a 2.0% increase. That came on top of an upwardly revised 4.3% increase for the prior month. Excluding autos, durable orders climbed 2.1%, which is considerably better than the 0.7% increase that had been commonly expected. Orders less autos for the prior month were revised upward to reflect a 0.5% increase.

The latest weekly initial jobless claims tally increased by 21,000 to 377,000, which is on par with the 375,000 initial claims that many had expected. Notably, the uptick did not alter the downward trend in the 4-week moving average, which decreased by 2,500 to 377,500.

New home sales for December fell 2.2% to a seasonally adjusted annual rate of 307,000 units, but analysts polled by Briefing.com had generally expected sales to climb to clip of 321,000 units. The drop in new home sales came in the face of a 12.8% decline in median home prices to $210,300.

On Wednesday market participants were dealt disappointing pending home sales numbers for December. They showed a 3.5% drop when a 3.0% decline had been expected.

The highlight of the session, however, was news that the Federal Open Market Committee decided to keep its federal funds target rate at 0.00% to 0.25%, and that economic conditions are expected to warrant exceptionally low levels for the federal funds rate through at least late 2014. That forecast for the fed funds rate preceded news that the Fed now believes economic growth in 2012 will range from 2.2% to 2.7%, which is down from the previously forecasted range of 2.5% to 2.9%.

Without any data during the first two days of the week market participants took their cues from Europe amid speculation about Greece's dealings with its creditors. Disappointment and frustration related to ongoing wrangling induced selling some days, but ultimately the euro was able to rally back. On Friday alone it rallied about 1% against the greenback. That helped fuel a gain of more than 2% for the week. Although nothing official has been stated, rumors continue to point to a possible solution between Greece and its creditors.

Although generally strong, earnings didn't generate much excitement in the broad market this week. That's not to say there weren't any stock-specific swings, though.

Colgate-Palmolive (CL 90.40, -0.95) announced in-line earnings earlier in the week, but blue chips 3M (MMM 87.46, -0.12) and Caterpillar (CAT 111.28, -0.03) bested expectations for the bottom line. AT&T (T 29.16, -0.29) came short of the consensus estimate, as did Bristol-Myers Squibb (BMY 32.29, -0.19). Apple (AAPL 447.28, +2.65) absolutely blew out Wall Street's forecast, prompting the stock to bound to a new record high, but better-than-expected earnings from Boeing (BA 74.55, -0.76), United Technologies (UTX 77.62, +0.21), and ConocoPhillips (COP 69.40, -0.13) were given less regard when they were released.

Although both tech plays posted upside earnings surprises, shares of Texas Instruments (TXN 32.61, +0.42) were sold after their quarterly report was released whereas Western Digital (WDC 37.05, +0.04) was a top performer in the wake of its announcement. Market participants also had varied responses to better-than-expected results from blue chips Johnson & Johnson (JNJ 65.56, -0.14), DuPont (DD 50.72, -0.22), and McDonald's (MCD 98.69, -0.49). Fellow Dow components Travelers (TRV 58.05, -0.65) and Verizon (VZ 37.21, -0.13) both traded lower after they posted earnings that came short of what had been widely expected.

Halliburton (HAL 37.10, +0.94) was the most widely held name in a handful of companies that announced earnings at the very start of the week. Though it posted better-than-expected bottom-line results while in the spotlight, the stock still encountered selling pressure. DJ30 -74.17 NASDAQ +11.27 NQ100 +0.3% R2K +0.7% SP400 +0.5% SP500 -2.11 NASDAQ Adv/Vol/Dec 1600/1.74 bln/870 NYSE Adv/Vol/Dec 1927/850 mln/1040

3:30 pm : Stocks are making a late push higher, but pit trade among commodities has closed for the week. An improved tone of trade in the commodity complex helped the CRB Index eke out a 0.1% gain for the session. More impressive, though, is the 2.6% weekly gain it posted.

Oil prices oscillated for most of the session, but ultimately settled with a 0.2% loss at $99.47 per barrel. That's actually right about where they were in the opening minutes of pit trade. Meanwhile, natural gas prices swung out of the red to $2.66 per MMBtu for a 1.9% gain.

Precious metals reversed early losses, although silver settled higher by only a single penny at $33.74 per ounce. Gold scored a 0.3% gain by settling at $1732.60 per ounce. DJ30 -39.36 NASDAQ +14.17 SP500 +0.83 NASDAQ Adv/Vol/Dec 1530/1.33 bln/940 NYSE Adv/Vol/Dec 1960/505 mln/1005

3:00 pm : Stocks are testing afternoon highs as they enter the final hour of the session, leaving the S&P 500 with only a small distance to go before it can attempt to challenge the flat line. That said, the move has been enough to put the stock market in positive territory for the week. Although it is only up incrementally for the week, any sort of gain would extend the stock market's streak of weekly gains to four.DJ30 -60.75 NASDAQ +10.00 SP500 -1.19 NASDAQ Adv/Vol/Dec 1440/1.18 bln/990 NYSE Adv/Vol/Dec 1805/450 mln/1120

2:30 pm : Stocks continue to chop along listlessly. Although broad market losses remain only modest, there still isn't a single sector that has sustain a meaningful move into positive territory. Instead, even the best performing sectors -- health care, financials, tech, and materials -- are all mired near the neutral line.DJ30 -75.61 NASDAQ +5.62 SP500 -3.45 NASDAQ Adv/Vol/Dec 1425/1.10 bln/1010 NYSE Adv/Vol/Dec 1800/420 mln/1120

2:00 pm : A recent bit of buying interest has helped take stocks to afternoon highs, but the move hasn't gained enough momentum to take the broad market out of negative territory.

Meanwhile, the euro continues to extend its session high. The currency now leads the greenback by 1.0%, which puts it on pace for a weekly gain of more than 2%. What's more, the euro is now at its best level in more than one month. DJ30 -61.91 NASDAQ +9.15 SP500 -1.82 NASDAQ Adv/Vol/Dec 1415/1.0 bln/987 NYSE Adv/Vol/Dec 1785/385 mln/1120

1:30 pm : Recent reports from CNBC indicate that social media website Facebook is looking to file documents for an Initial Public Offering this coming Wednesday. Preliminary reports value the company in a range of $75 billion to $100 billion. Linkedin Corp (LNKD 72.70, +0.31), which went public last May, currently caries a market cap of about $7 billion.DJ30 -83.97 NASDAQ +4.99 SP500 -4.26 NASDAQ Adv/Vol/Dec 1275/920 mln/1100 NYSE Adv/Vol/Dec 1600/350 mln/1300

1:00 pm : Stocks have been stuck in choppy, mixed trade for the entire session. The lackluster action comes in the wake of a disappointing reading on fourth quarter GDP.

A tepid tone this morning turned negative with the release of the advanced fourth quarter GDP reading, which pointed toward economic growth of just 2.8% when growth of 3.2% had been widely expected. The only other item on the economic calendar was the final reading on consumer sentiment for January from the University of Michigan; it proved better-than-expected by improving to 75.0.

Earnings have failed to offer encouragement to traders. Procter & Gamble (PG 63.95, -0.85), Starbucks (SBUX 47.14, -1.20) and Altria (MO 28.22, -0.44) all posted upside earnings surprises, but Ford (F 12.28, -0.46) and Chevron (CVX 103.99, -2.60) came short of the consensus estimate. Honeywell (HON 57.47, -0.36) had in-line earnings.

Although broad market losses are only modest in scope, they come in the face of a stronger euro, which is up 0.8% against the greenback amid chatter that Greece intends to complete a compromise with its creditors this weekend. That said, no official statement has been made, so skeptics have been quick to speculate that the story is simply another rumor.

The Nasdaq has managed to spend the past couple of hours dancing along narrowly above the neutral line, but both the Dow and S&P 500 have spent the entire session mired in negative territory. The muddled action has the broad market positioned to book its first weekly loss, albeit a narrow one, in four weeks. DJ30 -99.00 NASDAQ +0.74 SP500 -6.37 NASDAQ Adv/Vol/Dec 1290/850 mln/1075 NYSE Adv/Vol/Dec 1630/320 mln/1255

12:30 pm : Utilities represented the only major sector to score a gain during the prior session, but today they're under heavy pressure. The sector's slide this session has left it wrestling with a 1.4% loss. That makes utilities today's poorest performers.DJ30 -86.20 NASDAQ +3.47 SP500 -5.01 NASDAQ Adv/Vol/Dec 1240/780 mln/1100 NYSE Adv/Vol/Dec 1550/300 mln/1335

12:00 pm : The euro has extended its advance by climbing to a new session high, resulting in a 0.8% gain against the greenback for the day. The move comes in the wake of word from an official in Greece that the country intends to complete a deal with its creditors this weekend. To be fair, though, nothing about the statement was official, and stories in recent weeks about an impending compromise have proven to be only rumors.DJ30 -79.24 NASDAQ +4.50 SP500 -4.11 NASDAQ Adv/Vol/Dec 1330/660 mln/1000 NYSE Adv/Vol/Dec 1615/260 mln/1225

11:30 am : The Nasdaq recently notched a new session high, although its gain remains modest. Biotech and life science plays were among the top performers in the Composite. The Nasdaq's counterparts, the Dow and S&P 500, remain mired in the red.DJ30 -62.86 NASDAQ +7.12 SP500 -2.89 NASDAQ Adv/Vol/Dec 1370/580 mln/925 NYSE Adv/Vol/Dec 1690/225 mln/1140

11:00 am : Listless trade has left the major averages to continue enduring choppy action. Materials, health care, and tech are the only sectors trading along the neutral line. Every other sector is in the red.

As of late, the stock market appears to be less influenced by the action in euro than in recent weeks. The euro -- generally a barometer of economic and financial sentiment or strength in the eurozone -- is up 0.4% today, but that has done little to inspire participants, who have kept a watchful eye over the matters of Europe for so many months. The correlation between the euro and the stock market was also weaker earlier this week. DJ30 -61.19 NASDAQ +4.79 SP500 -3.22 NASDAQ Adv/Vol/Dec 1085/475 mln/1160 NYSE Adv/Vol/Dec 1375/185 mln/1410

10:35 am : The dollar index is lower this morning, which is providing price support to most commodities.

In the energy space, Feb crude oil sold off from above the $100 mark about 30 minutes before pit trading opened and fell to a new session low of $99.30. In recent activity, crude rallied back over the $100 mark and is now up 0.3% at $100.01/barrel. Feb natural gas was moving higher overnight and into the early morning session, but lost steam around 730am EST and fell to a new session low of $2.54. In current trade, natural gas is now back in positive territory, currently up 0.1% at $2.61/MMBtu.

In the metals space, Feb gold and March silver rallied in recent trade, which pushed gold back near unchanged levels. Gold is currently 30 cents higher at $170.27.00/oz, while silver futures are down 0.1% at $33.70/oz.DJ30 -49.04 NASDAQ +5.44 SP500 -1.72 NASDAQ Adv/Vol/Dec 1146/390 mln/1068 NYSE Adv/Vol/Dec 1476/159 mln/1231

10:00 am : Stocks continue to chop along with mixed results. Materials stocks, now up 0.3%, have been joined in positive territory by tech stocks, which are collectively up just 0.1%. Every other sector remains mired in negative territory.

The final reading on consumer sentiment for January from the University of Michigan improved to 75.0 from the 74.0 that was recored in the preliminary reading. Economists polled by Briefing.com had expected, on average, that the reading would inch up to 74.2. DJ30 -41.93 NASDAQ +4.90 SP500 -1.50 NASDAQ Adv/Vol/Dec 880/115 mln/1130 NYSE Adv/Vol/Dec 1140/67 mln/1435

09:45 am : Materials stocks make up the only major sector that has managed to put together any kind of a gain; they're collectively up 0.3%. Eastman Chemical (EMN 51.60, +4.48) is a high flyer in the space. The company posted better-than-expected earnings for its latest quarter and also announced that it will acquire Solutia (SOA 27.55, +8.04) for $27.65 per share, or a premium of little more than 40% over its prior session closing price.DJ30 -36.78 NASDAQ +2.93 SP500 -1.99 NASDAQ Adv/Vol/Dec NA/NA/NA NYSE Adv/Vol/Dec NA/NA/NA

09:15 am : S&P futures vs fair value: -5.20. Nasdaq futures vs fair value: -3.30. News that fourth quarter GDP fell short of expectations has weighed on stock futures, such that a modestly lower start to the session is expected to position the broad market for its first weekly loss in four weeks. Mixed to weak action in Europe and a pullback by the euro from its morning high certainly haven't done anything to bolster buying interest in the face of the disappointing data. Earnings haven't generated much excitement either, although overall results have been generally upbeat.

09:05 am : S&P futures vs fair value: -5.40. Nasdaq futures vs fair value: -4.00. Most commodities have encountered some selling pressure this morning. As such, oil prices are down 0.2% to $99.50 per barrel in the opening minutes of pit trade. Meanwhile, natural gas is down 0.7% to $2.64 per MMBtu after it slid more than 4% in the prior session. Among precious metals, gold prices are down 0.4% to $1719 per ounce, but silver is down an even steeper 1.2% to $33.34 per ounce. Collective weakness in the commodity complex has the CRB Index down 0.3%, but it is still up more than 2% week to date.

08:35 am : S&P futures vs fair value: -2.30. Nasdaq futures vs fair value: +1.00. Stock futures have pulled back in response to the advanced reading on fourth quarter GDP. Data showed economic growth of 2.8%, which is less than the 3.2% clip that had been widely expected to follow the 1.8% increase that was posted for the prior quarter. The Chain Deflator for the quarter showed an increase of 0.4% in the face of calls for an increase of 1.5% after it had jumped 2.6% in the prior quarter.

08:05 am : S&P futures vs fair value: +2.90. Nasdaq futures vs fair value: +9.00. Stocks drifted downward to log modest losses yesterday, but the tone ahead of today's trade is essentially flat as participants prepare for the advance reading on fourth quarter GDP, which will be posted at the bottom of the hour. A revised reading on consumer sentiment in January from the University of Michigan follows at 9:55 AM ET.

The dollar is back under pressure this morning, trailing a collection of competing currencies by about 0.3%. That puts the greenback on pace for a weekly loss in excess of 1%. Most of the dollar's downturn is owed to a euro, which is up 0.4% today and up 1.6% for the week.

On the earnings front, most reports continue to exceed expectations, but few have actually generated any kind of excitement among traders. Among the more widely held names to report since the prior session's close, Procter & Gamble (PG 64.50, -0.30), Starbucks (SBUX 47.55, -0.79) and Altria (MO 28.76, +0.10) posted an upside earnings surprise, but Ford (F 12.21, -0.58) came short of the consensus estimate. Honeywell (HON 57.47, -0.36) had in-line earnings. Chevron (CVX 107.00, +0.41) has yet to report. Note: ticker quotes reflect premarket prices.

06:19 am : [BRIEFING.COM] S&P futures vs fair value: +3.50. Nasdaq futures vs fair value: +10.50.

06:19 am : Nikkei...8841.22...-8.30...-0.10%. Hang Seng...20501.67...+62.50...+0.30%.

06:19 am : FTSE...5791.24...-4.00...-0.10%. DAX...6569.16...+29.30...+0.50%.

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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