Monday, October 7, 2013

Monday Oct 7 pre-mkt outlook

The /ES looks to open about 12 points down at 1670 after closing at 1682. It traded at a low of 1666 and a high of 1678. The 10yr is trading lower at 2.608 after finishing at 2.65 on Friday.

$CTB is getting hammered in the pre-mkt on the announcement that the buyout has fallen apart. The stock was trading around 31.50 on Friday before selling off hard when puts started flying off the handle and it ultimately closed at 29.50. It's trading around 25.72 in the pre-mkt.

$AAPL is out with an upgrade and a PT of 600. It closed at 483 and is currently trading around 487.

$IBM caught a downgrade this AM with a $25 knock on it's PT. It is down at 181 after closing at 184 on Friday.

No comments:

Post a Comment