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 Post subject: March 17th Wednesday 2010 Emini TF ($TF_F) points +10.30
PostPosted: Wed Mar 17, 2010 10:37 pm 
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Trade Journal By M.A. Perry
Trader and Founder of WRB Analysis (wide range body analysis)

Trade journals are crucial in preventing us traders from becoming complacent or content with our trading plan or the markets because without having the ability to review archives of past trading days in a forever changing market...we won't know it's time to adapt when change occurs in the markets because broker statements alone doesn't help us keep that edge in comparison to a trade journal. In addition, although this journal contains advertisements involving my trade methods, it does contain useful trading tips a few times per week. Thus, if you're looking for trading tips that can improve your trading and understand that profitable trading involves more than just entry signals...consistently read this trade journal and the #FuturesTrades chat room logs where I post my trades in real-time from entry to exit (see link below) via my IRC user name wrbtrader that's the same as my user name on twitter.

Today's #FuturesTrades chat room logs is archived @ http://www.thestrategylab.com/ftchat/forum/viewtopic.php?f=72&t=471.

Quote:
Today's results are 5 wins : 0 loss. Only one missed trade opportunity via a Short signal about 2 points below the intraday high. Key changes in supply/demand good for tomorrow trading session occurred via the 5min chart interval @ 0930am est and 1450pm est. Unfortunately I won't be trading tomorrow due to one of my kids having minor surgergy tomorrw.

Trading Tip: Know where you want to exit your trades prior to entry.


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

Image@ http://twitter.com/wrbtrader

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


http://www.thestrategylab.com/WRBAnalysisTutorials.htm

http://www.thestrategylab.com/TradeStrategies.htm

Also, if you're interested in having free access to one of my profitable trade strategies along with earning extra income with little effort...join my referral program @ http://www.thestrategylab.com/ReferralProgram.htm

My Trading Performance: +10.30 points in the ICE Russell 2000 Emini TF ($TF_F) Futures
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Stocks End AT 18-Month Highs
By Alexandra Twin, senior writer
March 17, 2010: 6:04 PM ET

NEW YORK (CNNMoney.com) -- Stocks rallied Wednesday, with the Dow, Nasdaq and S&P 500 all closing at new fresh 2010 highs, after the U.S. and Japanese central banks chose to keep interest rates low and the Senate passed a key jobs bill.

The Dow Jones industrial average (INDU) added 48 points, or 0.6%, closing at 10,733.67. It was the highest close since 10,831.07 on Oct. 1, 2008.

The Dow has now risen for seven sessions in a row, its longest winning streak since the 8-day period that ended on August 27 of last year.

The S&P 500 index (SPX) rose 7 points, or 0.6%, closing at 1,166.21, the highest close since 1,213.01 on Sept. 26, 2008.

The Nasdaq composite (COMP) gained 10 points, or 0.5%, closing at 2,389.09, its highest point since 2,411.64 on Aug. 28, 2008.

Stocks were moderately higher in the morning, but picked up the pace in the afternoon after the Senate passed a key jobs bill and the dollar's weakness sparked a rally in commodity prices and stocks.

Stocks have been moving higher fairly steadily over the last few weeks, with the Dow and S&P 500 rising in 14 of the last 15 sessions and the Nasdaq rising in 13 of the last 15 sessions through Wednesday's close.

The market has been benefiting from a technical breakthrough that should continue to push it higher in the short term, said Ryan Detrick, senior technical strategist at Schaeffer's Investment Research.

"Yesterday, we broke above a key level that had been giving us some resistance and that seems to have brought in new buyers," Detrick said.

He said stocks are moving into what has been a pretty bullish period over the last five years, with the market showing good returns from March through May.

Stock gains Tuesday left the S&P 500 at a fresh near 18-month high, the Nasdaq at an 18-month high and the Dow just short of its 2010 peak. The positive sentiment continued Wednesday, as investors welcomed a report showing that wholesale inflation fell 0.6% last month in the biggest monthly decline since last July.

A sustained period of low pricing pressure would enable the Federal Reserve to keep interest rates low for a while.

Investors also welcomed Japan's decision to hold interest rates at a low 0.1% and double the amount of money available to banks through a short-term lending program.

Rally recharged: Investors found their footing after a selloff in the second half of January and early part of February. However, gains have been modest and trading volume has been low as investors struggle amid a lack of clear catalysts to keep driving the market higher.

Fourth-quarter profits showed strength compared with poor results a year ago, and recent reports have suggested the pace of job losses is slowing. Yet investors are looking for more concrete signs that the economy is recovering to justify a bigger rally after last year's blow out.

In 2009, the Dow gained 19% for the year, and rose 59% from the March 9 lows.

Stocks gained Tuesday after the Federal Reserve opted to hold interest rates steady, as expected, and said rates should stay near zero percent for the foreseeable future. News that ratings agency Standard & Poor's decided not to downgrade Greece's debt helped soothe fears that the euro zone nation could default.
0:00 /1:36Japan eases monetary policy

Jobs: The Senate passed a $17.6 billion jobs bill Wednesday and sent it to President Obama to sign it into law.

The measure, which includes tax breaks and funding for highway projects, has been much debated in both houses of Congress over the last few weeks. It is seen as being the first in a series of bills designed to help bring unemployment down from its current level of 9.7%.
Big banks look for geek love

Bernanke: Federal Reserve Chairman Ben Bernanke was on Capitol Hill Wednesday afternoon to testify before the House Financial Services Committee about the central bank's supervision of banks. Former Fed Chairman Paul Volcker, an adviser to Obama, also appeared at the hearing.

Pricing pressure low: The Producer Price Index (PPI), a measure of wholesale inflation, fell 0.6% in February for the biggest drop since July of last year after being expected to fall 0.2%, according to a consensus of economists surveyed by Briefing.com. PPI gained 1.4% in January

The so-called core PPI, which strips out volatile food and energy prices, rose 0.1% in the month, as expected. Core PPI gained 0.3% in January.

The dollar and commodities: The dollar gained versus the euro and the yen.

U.S. light crude oil for April delivery roes $1.23 to settle at $82.93 a barrel on the New York Mercantile Exchange.

COMEX gold for April delivery rose $1.70 to settle at $1,124.20 per ounce.

Bonds: Treasury prices rose, lowering the yield on the 10-year note to 3.64% from 3.65% late Tuesday. Treasury prices and yields move in opposite directions.

World markets: In overseas trading, European markets rallied. The London FTSE rose 0.4%, the French CAC 40 rose 0.5% and the German DAX gained 0.9%. Asian markets advanced, with Japan's Nikkei adding 1.2% and the Hong Kong Hang Seng gaining 1.7%.

Market breadth was positive. On the New York Stock Exchange, winners beat losers seven to three on volume of 1.02 billion shares. On the Nasdaq, decliners beat advancers by three to two on volume of 2.23 billion shares.

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Yahoo! Finance

4:30 pm : The stock market moved higher for the third straight session; a fresh 52-week high was set along the way. Though the latest advance was broad based, the stock market surrendered part of its gain after an encounter with near-term technical resistance.

Momentum from recent advances carried over into early action and positioned stocks to extend their gains. The upward trend only seems to have begotten more buying.

A positive bias among broader market participants has taken volatility down considerably. As such, the Volatility Index dropped to a 22-month low. It closed down 5.0%.

The upbeat tone in the broader market lifted advancing issues at a rate of more than 2-to-1 in the S&P 500. Financials and natural resource plays were steady leaders during the session.

Financials finished 1.1% higher. The sector's strength was underpinned by banks, especially regional banks, which tacked on 2.4% to extend their year-to-date gain to 29.8%.

Meanwhile, oil and gas equipment stocks advanced 1.7% to help the energy sector secure a 1.1% gain. A 1.5% rise in oil prices to $82.93 per barrel helped. Oil's climb came in the face of a smaller-than-expected inventory build of 1.01 million barrels for the week ended Mar. 12. In other oil-related news, OPEC opted to keep output unchanged at its latest meeting, as had been expected.

Metal mining giant Alcoa (AA 14.46, +0.66) helped the materials sector stage a 0.7% gain. Reuters reported that the Italian parliament has approved a decree that offers favorable conditions to some industrial consumers after Alcoa had recently threatened to idle smelters in the country.

While buyers kept stocks in positive territory for the entire session, they couldn't propel the S&P 500 past near-term resistance at the 1170 line. Stocks tried twice to overtake the technical line, but they rolled over after they failed on both attempts. Still, stocks were able to close the session with solid gains.

Overseas markets, including those in both Europe and Asia, also made strong gains in their latest showing. Their advances followed better-than-expected employment data out of Britain and minutes from a recent Bank of England meeting that showed committee members voted unanimously to keep interest rate targets unchanged. Japan's central bank voted in its latest meeting to keep its own interest rates low and doubled the amount available under its short-term lending program to 20 trillion yen.

Current Fed Chairman Bernanke and former Fed Chairman Volcker testified about banking regulation to the House Committee on Financial Services this afternoon, but neither made any stark comments.

U.S. data did little for participants this session. Producer prices for February fell 0.6%, which was a sharper drop than expected, but core prices climbed a tame 0.1%, as expected.

Advancing Sectors: Financials (+1.1%), Energy (+1.1%), Materials (+0.7%), Telecom (+0.6%), Consumer Discretionary (+0.5%), Consumer Staples (+0.5%), Tech (+0.4%), Utilities (+0.4%), Industrials (+0.4%), Health Care (+0.1%)
Declining Sectors: (None) DJ30 +47.69 NASDAQ +11.08 NQ100 +0.2% R2K +0.7% SP400 +0.7% SP500 +6.75 NASDAQ Adv/Vol/Dec 1577/2.22 bln/1093 NYSE Adv/Vol/Dec 2161/1.02 bln/886

3:30 pm : The US Dollar Index has rebounded back near the unchanged line, which pushed most commodities modestly lower.

April crude oil pushed to new session highs of $83.09 per barrel after trending higher over the last four hours on weakness in the dollar index. By the end of today's session, crude closed 1.5% higher at $82.93 per barrel.

Natural gas was weak again for the second straight session, relative to most of the commodity complex. April natural gas continued to trade in a narrow range for the second half of today's trading session. Lows of $4.28 per MMBtu were hit approx. 30 minutes after pit trading open and it closed just above that level at $4.30, down 1.1%.

Precious metals traded independently from each other in the last half of today's session with April gold trending lower and May silver moving higher. Gold ended today's pit trading session 0.2% higher at $1124.80 per ounce, just above its pit session low of $1120.90. However, in electronic trading, gold pushed to newer lows for the day of $1120.90 per ounce. Silver remained in positive territory all session and regained some losses in the second half of the day, closing 0.6% higher at $17.455. DJ30 +27.97 NASDAQ +7.67 SP500 +4.01 NASDAQ Adv/Vol/Dec 1590/1860.2 mln/1082 NYSE Adv/Vol/Dec 2051/747.5 mln/977

3:00 pm : After failing to extend its gains past a near-term technical resistance line, the stock market has fallen under a fit of selling pressure that has caused it to surrender nearly half of this session's gains.

Though the decline has been broad-based, many stocks continue to sport gains. As such, nine of the 10 major sectors in the S&P 500 are still in positive territory -- health care (-0.1%) is still the only sector to trade with a loss. DJ30 +48.30 NASDAQ +10.69 SP500 +6.12 NASDAQ Adv/Vol/Dec 1670/1.70 bln/986 NYSE Adv/Vol/Dec 2198/656 mln/824

2:30 pm : Fed Chairman Bernanke has started his testimony to the House Committee on Financial Services. So far the focus of his testimony has been on the role and experience of the Fed. His comments on the matter have been without surprise. Bernanke is joined by former Fed Chairman Volcker.

Meanwhile, the S&P 500 continues to struggle to push through the 1170 line. Still, broad-based gains remain. DJ30 +75.35 NASDAQ +18.15 SP500 +9.51 NASDAQ Adv/Vol/Dec 1706/1.55 bln/921 NYSE Adv/Vol/Dec 2314/597 mln/716

2:00 pm : The stock market extended its advance until the S&P 500 hit the 1170 line, where it encountered a bit of resistance. Stocks have since eased off of their highs, but broad-based gains remain as advancing issues outnumber decliners by 4-to-1 in the broader market. What's more, the stock market is on its way toward its best single-session percentage advance in more than one week.

Trading volume has picked up a bit this session and should exceed the levels seen in recent sessions, though it still shouldn't be considered heavy. DJ30 +70.97 NASDAQ +19.12 SP500 +9.05 NASDAQ Adv/Vol/Dec 1711/1.42 bln/930 NYSE Adv/Vol/Dec 2276/555 mln/748

1:30 pm : Stocks have slowly made their way to fresh session highs, which mark a fractional improvement over the levels that were seen in late morning trade.

Financials and natural resource plays remain at the helm. Financials are up 1.2%, while energy stocks are up 1.6% and materials stocks are up 1.1%.

Despite the stock market's strength, Treasuries have held steady along the neutral line. DJ30 +66.06 NASDAQ +17.98 SP500 +8.26 NASDAQ Adv/Vol/Dec 1626/1.27 bln/984 NYSE Adv/Vol/Dec 2217/499 mln/799

1:05 pm : The S&P 500 is up for its twelfth time in 14 sessions. Momentum from those moves has taken the benchmark index to a fresh 52-week high.

Steady buying has dragged down volatility during recent sessions, such that the Volatility Index is down more than 5% to its lowest level since May 2008. The VIX is now down more than 40% from its 2010 high, which was set in early February. That high coincided with a 2010 low for the S&P 500. The stock market has climbed 12% since that low.

Though gains have been broad-based during the market's recent moves, this session's advance comes largely as a result of strength among financials (+1.1%) and natural resource plays, like materials (+1.0%) and energy (+1.3%).

Energy's strength comes even though oil prices saw their gains halved in the wake of a smaller-than-expected build in weekly inventories. Meanwhile, OPEC opted to keep output unchanged at its latest meeting, as had been widely expected. Health care stocks have lagged the broader market for the second straight session.

Managed care providers have hampered the group. Among managed care providers, Wellpoint (WLP 61.92, -0.05) announced that it expects earnings of at least $6.00 per share for fiscal 2010. Wall Street has forecast earnings of $6.11 per share.

Meanwhile, Sanofi-Aventis (SNY 38.86, -0.58) has slipped amid news that the World Health Organization is conducting a probe into one of the company's vaccines.

In terms of data, the Fed's directive preceded the latest producer price data, which was released this morning and showed a sharper-than-expected decline in overall prices and an in-line increase in core prices.

Fed Chairman Bernanke is scheduled to appear before the House Committee on Financial Services at 2:00 PM ET, but the event is unlikely to be anything more than an opportunity for officials to question and criticize Bernanke. It follows yesterday's FOMC policy statement, which indicated that exceptionally low levels of interest rates continue to be expected for an extended period of time. DJ30 +51.70 NASDAQ +15.04 SP500 +7.24 NASDAQ Adv/Vol/Dec 1573/1.18 bln/1020 NYSE Adv/Vol/Dec 2147/468 mln/839

12:30 pm : Small-caps and mid-caps have a slight lead over the broader market this session, but year-to-date they are considerably stronger. Specifically, the Russell 2000 is up 0.7% this session, but up 9.4% since the start of the new year, while the S&P 400 is up 0.8% this session and up 9.6% year-to-date. Meanwhile, the S&P 500 is up 0.6% this session and up 4.6% for 2010.

Most pundits point to an increased tolerance for risk among investors as a reason for small-caps and mid-caps to outperform, especially since blue chips in the Dow are up 0.4% this session and up a tame 2.9% year-to-date. DJ30 +40.29 NASDAQ +13.70 SP500 +6.51 NASDAQ Adv/Vol/Dec 1584/1.06 bln/1003 NYSE Adv/Vol/Dec 2141/425 mln/836

12:00 pm : For the second straight session health care stocks have lagged the broader market. Though they managed to muster a slight gain in the prior session, the sector is in the red with a 0.2% loss this time around.

Managed care providers, which are down a collective 1.0%, have been a primary source of weakness for the sector. Wellpoint (WLP 61.66, -0.32) is among the decliners in the group; investors haven't been very impressed with the cmpany's announcement that it expects earnings of at least $6.00 per share for fiscal 2010. Wall Street has forecast earnings of $6.11 per share. DJ30 +42.33 NASDAQ +13.20 SP500 +6.33 NASDAQ Adv/Vol/Dec 1540/956 mln/1026 NYSE Adv/Vol/Dec 2119/387 mln/827

11:30 am : Stocks spent most of the past hour chopping along in a relatively narrow range, but a sudden spurt of support recently pushed the major indices up another leg to fresh session highs.

Volatility has dropped amid this session's broad-based advance. In turn, the Volatility Index, often dubbed the Fear Gauge, is down 5.3% to its lowest level since May 2008. For perspective, the VIX is down 43% from its 2010 high in early February. The high in the VIX coincided with a 2010 low for the S&P 500. The stock market has climbed 12% since that point. DJ30 +51.47 NASDAQ +14.16 SP500 +7.19 NASDAQ Adv/Vol/Dec 1559/825 mln/956 NYSE Adv/Vol/Dec 2153/335 mln/769

11:00 am : Energy stocks (+1.0%), financials (+0.9%), and materials stocks (+0.7%) continue to provide support to the broader market, which has started to trade in a rather narrow range in choppy fashion. Still, the overall mood this morning remains moderately positive.

Retailers have lagged for most of this session, though. As a group, retailers are up just 0.1%. However, apparel retailer rue21 (RUE 35.00, +0.90) has found favor following its latest quarterly results, which featured better-than-expected earnings and upside guidance for both the first quarter and fiscal 2010. DJ30 +40.74 NASDAQ +12.09 SP500 +5.57 NASDAQ Adv/Vol/Dec 1534/665 mln/938 NYSE Adv/Vol/Dec 2048/280 mln/824

10:30 am : The US Dollar Index moved back near the unchanged line in recent trade, but April crude oil remained near session highs of $82.76 per barrel ahead of today's weekly inventory data. OPEC convened in Vienna today for its first meeting of the year and, as was widely expected, kept output unchanged at 24.84 million barrels per day. Following inventory data, which was a build of 1,012,000 barrels versus a consensus of a build of 1,150,000 barrels, crude ticked toward session highs and is now up 0.9% at $82.45 per barrel.

April natural gas began trending lower around 7:00am ET until hitting this morning's current low of $4.28 per MMBtu. Currently, the energy component is trading 1.2% lower at $4.30 per MMBtu.

Precious metals have traded in positive territory all session, but have put in fresh lows in recent activity. April gold fell to $1123.40 per ounce and May silver touched $17.37 per ounce. In current trade, gold is 0.3% higher at $1125.40 per ounce, while silver is 0.7% higher at $17.47 per ounce. DJ30 +32.35 NASDAQ +10.67 SP500 +5.05 NASDAQ Adv/Vol/Dec 1488/468.1 mln/922 NYSE Adv/Vol/Dec 2012/213.0 mln/792

10:00 am : Early buying drove the stock market to a fresh 52-week high, but stocks suddently made a modest pullback as the greenback gradually gained ground against competing currencies -- the Dollar Index is only up 0.1%. Buyers have since redoubled their efforts to build on earlier gains.

Oil prices are also near their morning highs. Its strength has helped drive the energy sector to a 1.2% gain, which is still better than that of any other major sector. Crude oil is currently up 1.2% to $82.65 per barrel. Weekly oil inventory data is due at the bottom of the hour.

Early movers: Trading up -- OPMR +47.5%, ABII +24.8%, VHC +21.1%, MDCO +19.3%, LLEN +17.4%, WNI +14.8%, BBX +9%, SMTS +8.7%, UNTY +8.4%; Trading down -- FUQI -35.1%, WRLS -29.9%, FTBK -25.5%, UVE -25.4%, VIVO -14.7%, ASTI -6.6%, BCH -6.4%

Advancing Sectors: Energy (+1.2%), Financials (+0.9%), Materials (+0.8%), Telecom (+0.5%), Tech (+0.4%), Industrials (+0.4%), Consumer Discretionary (+0.1%), Consumer Staples (+0.1%), Utilities (+0.1%)
Declining Sectors: Health Care (-0.2%) DJ30 +40.29 NASDAQ +11.38 SP500 +5.59 NASDAQ Adv/Vol/Dec 1548/282 mln/766 NYSE Adv/Vol/Dec 2159/150 mln/573

09:45 am : Natural resource plays are out in front of the broader market during the first few minutes of trade. Specifically, energy stocks are up 0.9% and materials stocks are up 0.7%. Their relative strength comes even though the Dollar Index has poked into positive territory.

Not to be outdone, financials have made their way to a 0.7% gain of their own. Regional banks (+1.0%) remain among the better performers in the sector, but insurers currently sport the best gains as multiline insurers climb 1.7% and life and health insurers advance 1.5%.

Health care stocks continue to lag. The sector is down 0.1%. At the moment, it is the only major sector to trade with a loss. DJ30 +31.06 NASDAQ +10.64 SP500 +4.89 NASDAQ Adv/Vol/Dec 1533/160 mln/720 NYSE Adv/Vol/Dec 2007/99 mln/617

09:15 am : S&P futures vs fair value: +2.70. Nasdaq futures vs fair value: +1.30. Stocks set fresh 52-week highs in the previous session and momentum from that move has carried over into this morning's premarket trade. As such, a slightly higher start to trade looks to be in order. There hasn't been much news flow to disrupt the upbeat tone -- corporate news flow is light and the latest dose of monthly producer prices carried little surprise. Overseas markets have traded with strength, some of which is owed to a satisfactory reaction to the latest FOMC policy statement, which aims to keep targeted interest rates at exceptionally low levels for an extended period of time. Japan also stood firm on its key interest rate, but added to its short-term lending plan, while minutes from a recent Bank of England meeting indicated that committee members voted unanimously to keep interest rate targets unchanged, too.

09:05 am : S&P futures vs fair value: +3.00. Nasdaq futures vs fair value: +1.30. Stock futures in the U.S. are still slightly higher this morning. In Europe, Britain's FTSE is up 0.4% at the moment. Mining stocks are strong as BHP Billiton (BHP), Xstrata, and Rio Tinto (RTP) sport gains. Shares of RTP were actually downgraded by analysts at Societe Generale. In economic news, employment data for the U.K. came in better than expected, which has bolstered the British pound. The pound was also helped by the details of minutes from the last Bank of England meeting, during which policymakers voted unanimously to keep monetary policy unchanged. Germany's DAX is currently up 0.8%. Siemens (SI) is a leader for the second straight session. Reports indicated that the engineering giant plans to revamp its information technology unit to prepare it for a possible sale or public offering. In France, the CAC is currently up 0.5%.. ArcelorMittal (MT) is outperforming, but Sanofi-Aventis (SNY) has slipped amid news that the World Health Organization is conducting a probe into a vaccine from Sanofi. In Asia, the MSCI Asia Pacific Index advanced 1.5% to an eight-week high, while Japan's Nikkei tacked on 1.2% to hit at an eight-week closing high. The Bank of Japan eased policy in move thought to be an attempt to prevent the yen from rising. The central bank doubled the amount available under its short-term lending program to 20 trillion yen from 10 trillion yen. In corporate news, Elpida Memory was a strong performer after the Nikkei business daily said Elpida is expected to return to a hefty profit for its current fiscal year. Tokyo Electron and Advantest (ATE) were also strong. In Hong Kong, the Hang Seng climbed 1.7%. Property stocks were strong performers. Banks were also strong in the wake of the FOMC's decision to stand pat on interest rate targets. In mainland China, the Shanghai Composite closed 1.9% higher.

08:35 am : S&P futures vs fair value: +2.40. Nasdaq futures vs fair value: +1.30. Stock futures have eased back a bit in recent action, but they continue to trade with a slight lead over fair value. Their recent drift has come as the dollar pares its losses against competing currencies. Stock futures were largely unaffected by the latest batch of producer price data, though. According to the data, producer prices fell 0.6% in February, but had been expected to slip 0.2% month-over-month. That followed a 1.4% monthly increase in January. Excluding food and energy, producer prices actually increased 0.1%, but that was in step with what had been widely expected. Core prices increased 0.3% in January.

08:05 am : S&P futures vs fair value: +2.30. Nasdaq futures vs fair value: +1.80. Premarket participants appear prepared to extend the prior session's advance as stock futures are bid modestly higher. Solid gains overseas have helped from a sentiment standpoint after Japan's central bank the amount of short-term lending available to 20 trillion yen and Britain reported better-than-expected unemployment data. News flow stateside has been rather slow, but the latest in producer price data is due at the bottom of the hour and Fed Chairman Bernanke is set to appear before the Committee on Financial Services at 2:00 PM ET.

06:40 am : S&P futures vs fair value: +3.60. Nasdaq futures vs fair value: +3.00.

06:40 am : Nikkei...10846.98...+125.30...+1.20%. Hang Seng...21384.49...+361.60...+1.70%.

06:40 am : FTSE...5654.23...+33.80...+0.60%. DAX...6015.55...+44.60...+0.80%.

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

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

Phone: +1 708 572-4885
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