Tuesday, October 1, 2013

Tuesday, Oct 1 pre-mkt outlook

The /ES looks to open around 1677 after finishing yesterday at about the same level. The 10yr is trading around 2.626 after finishing around 2.615.

The Goverment shutdown is all over the news, the market seems to be wholly indifferent to the ineptness of Washington.

$MRK is trading up around 3% after announcing layoffs of about 20% of its workforce. The stock is trading at 10yr highs of 49 and change after finishing at 47.60.

$WAG is out with earnings. The stock closed at 53.80 and traded at an ETH high of 55 and a low of 52.51. It is currently trading around 53.85.

$NFLX is trading higher at 314.50 after closing at 309 on the heels of analysts saying the Co. could be valued up to $75B or about 3.5 times higher than it is now. 

2 comments:

  1. Love your blog, keep up the good work

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  2. thanks I pretty much just use it as a running journal of what I'm looking at before the trading day begins.

    ReplyDelete