Scroll down to the bottom of the link, put in your name and email address, and get TBUZ TV
Market Review:
The 3rd Quarter:
There are 4 days left this week. The market has the potential to recover by the end of this week. However, it also has the potential to continue to move lower. The range from Monday will do a great deal to inform our understanding of where this market may be moving. If the market breaks Monday's low at 4338.25 we should expect a continuation of the lower move. That would be two days in a row with the market setting a new low for the quarter. The prior low at 4350.00 was set in August. However, the market could decide to reject the lower move by moving above Monday's high at 4383.50. A high-end move would suggest the market is still capable of challenging the open of the quarter at 4485.50. Time is becoming.
Nike reports earnings on September 28. Nike opened the year at 118.55. They opened the 3rd quarter at 111.06, and they opened September at 101.97. NKE has a low this year at 89.79. The stock has been pushing the lower side. The open this week is 90.00.
Past performance is not indicative of future results. Futures trading involves substantial financial risk.
Please consult your personal financial advisor before using this information for your own trading purposes.
RISK DISCLAIMER There is a very high degree of risk involved in trading.. DTI Trader and all individuals affiliated with this site assume no responsibility for your trading results. The indicators, strategies, columns, and all other features are for educational purposes only and should not be construed as advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.
Post a Comment
Post a Comment