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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The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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  • Joe Donohue

    Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »

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