Thanks man appreciate the kind words #ES_F $ES_F #SPY levels to watch 2197.75 // 2186 // 2174.50 // 2162.75 #CL_F $CL_F #crudeoil levels to watch 46.47 // 45.62 // 44.78
yea ... the actual announcement is pretty meaningless thus you see the muted market reaction (for the exception of a brief knee jerk reaction in the euro) ... the draghi presser @ 8:30 might see some moves but mostly it'll be seen in the forex markets ... we'll see
Good morning Stockaholics! Your market news & early movers has been posted: Thursday Sept. 8th Market News & Pre-Market Movers: HPE, LMCA, INTC, TSCO, PIR, CMG, TSLA, AAPL <-- click there! ^^ I will start linking to that thread instead of posting it all up in here as to cut down on the clutter as I know those posts are quite heavy on the scrolling/page loads for some of you guys lol
perfect TL touch on that support this morning (for now) on the dollar on the daily and now bouncing off ... wonder if this has any legs admittedly i'm still thinking lower pre-FOMC...
looks like that's been pushed back to 11am eastern due to the labor day holiday ... think we're getting natty gas inventories @ 1030a ed: and yes just confirmed from Ben Lichtenstein
markets trying for a bit of a bounce here... internals are improving ... tick & tick/q new hod, nasdaq back to previous low ... awaiting those crude #'s
holy shat on that crude report ... down -14M?? had to do a double take on that one lol edit: largest weekly inventory draw down in crude in 30 years!
just to get some perspective on that massive draw down on the crude report- you can't find a larger weekly draw on this 30+ year chart than the one we just got today lol
Let's party like it's 1999! Most of the draw down is being attributed to huricane Hermine. If the huricane was such a large factor in this report, why didn't it show up in any of the so called expert estimates.
chop chop going into the 1pm hour .... to coin what brad would usually say on the squawk box show "it's like pulling teeth to get this market to move" nasdaq with a slow bleed lower testing that s2 support ... but very low energy about it aside from the energies which saw a nice bid into that massive oi inventory draw ... its pretty limited dollar seeing a nice reversal off those ECB lows, with metals, bonds taking a bit of hit
first -1000 tick reading of the day here; markets near low of the day; nasdaq leading the move lower thus far
i should probably post this in the futures section but i'll post it in here too ... a remind that the /ES rolls to the Z contract tonight
Earnings after the close today: $RH $FNSR $ZUMZ $PPHM $LMNR $KFY $XTLY $DLTH $EGAN $VNCE $CHKE $UBU $DDC $FNBC Earnings before the open tomorrow: $KR $HOV $EROS $MFRM $BRC $TNP $ARCW
