Wednesday, March 20, 2013

Wednesday, March 20th pre-mkt outlook

The /ES looks to open around 1550 after closing at 1542 yesterday. The overnight low was 1537 and the high was 1552 at 0800hrs. Yesterday the eMini saw a trading range from 1550 at 10am to 1532 at 1pm to close at 1542, one crazy ride.

$FDX is out with earnings this AM which disappointed. The stock closed at 106.50 and hit an extended hours low of 101.76 and a high of 103.50. It looks to open around 102.

$BBRY is out with an upgrade and is trading at 15.93 in the EHT after closing at 15 yesterday. It hit an EHT high of 16.15 and a low of 15.80.

Both $AAPL and $GOOG are trading slightly higher in the EHT as well. $AAPL closed at 454 yesterday is trading near 457, while $GOOG closed at 812 and looks to open around 817.

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