Friday, October 12, 2012

Friday 10.12 pre-mkt outlook

The /ES closed yesterday at 1428 and looks to open around 1430.

$ANR caught a downgrade and has been on a recent rally. Shares closed at 8.62 and its currently trading at 8.20 in the pre-mkt. 8.15 appears to be the prior day's support, I will be watching the weekly 8 puts.

$PCLN could see some downward pressure as $TZOO guided down its outlook and earnings forecasts.

$WFC is trading lower after coming out with its earnings, down from 35.18 to 33.93.

No real news on either $AAPL or $GOOG this AM, so I'll be watching how they trade relative to the OI for the weeklies.

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