Morning Market Look- Tesla Sees A Seller


U.S. futures are slightly red, crude is flat, gold is down, soft commodities are green and Europe is mixed. We start day 3 of the government shutdown. because of the sequester, but they ripped higher/ The ,market was supposed to tank

Defense stocks were suppressed to tank because of the sequester, but they ripped higher and the market was supposed to tank because of the shut down, but since we closed the doors on Monday night, the $SPX is just about even with Monday’s open. The Nasdaq $QQQ and Russell 2000 $IWM hold like a rock. The market is lower from the highs though, which tells me most of this may be discounted.  So now we chop around.

Twitter files their IPO this week. so you get to see revenues or their revenue per user.

The dollar is at an 6 month low VS. the euro.

$TSLA dropped 6% yesterday and is down 3% in pre-market. It’s right on the 20 day moving average here.

$GOOG bought a gesture recognition company for $40M

ISM and initial jobless claims get released this morning.

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