The market began the week with a rally and has now traded above both the October and September highs. This market may be setting up a challenge of the high of the year at 4634.50. The next two days will set up the post and pre-holiday market. After Thanksgiving the market will close out November and begin the month of December.
DE reports earnings tomorrow. DE opened the year at 428.00. They opened the second half of the year at 402.23. The third quarter opened at 379.19. DE opened this month at 364.88. They closed last week at 384.15. Monday's close was 380.33. While tech stocks are flying, the performance of stocks like DE may be telling different stories.
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