Wednesday, August 14, 2013

Wednesday Aug 14 pre-mkt outlook

The /ES looks to open around 1688. It closed at 1692 which was the overnight high. The over night low was 1685.50. The 10yr is trading around 2.71 after finish yesterday at about the same level.

$CREE is getting absolutely crushed in the pre-mkt, down 19% at 62 after closing at 76. It traded at an ETH high of 70 then dropped to 65 and hovered around 64 but started trading lower Wed AM.

$M is trading lower at 46.75 after closing at 48.50 yesterday. It traded at a high of 49 in ETH and a low of 46.

$AAPL is in the news after Icahn announced a stake in the Co. The stock moved 5% yesterday on the news and is up about 1% in the pre-mkt at 494.

$DE is out with earnings as well. It closed at 84, hit a high of 87 in the ETH and is currently trading around 84.21.

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