Morning Market Look

Global equities are red this morning, crude is red, gold is up slightly, soft commodities are mixed while treasuries are pretty much unch’d.

The dollar is lower yet again and the yen is up.

Our elected misfits continue week two of the shutdown. Only about 15% of the government is actually shutdown by the way.

Alcoa $AA reports tomorrow. Do we even care anymore?

Alibaba has decided to push their IPO off until next year, so watch $YHOO. Alibaba has about 10x the revenue of Twitter $TWTR

$AAPL & $TSLA are green in pre market so far.

Here are some setups that I posted yesterday that I will be watching this week.

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Joe Donohue

Joe is a full time trader with 25 years experience. He is a senior contributor and investor in Stocktwits and has been seen on CNN Money and quoted in Marketwatch, Forbes, Reuters, NY Times and Wall Street Journal.