Tuesday, November 5, 2013

Tuesday Nov 5 pre-mkt outlook

The /ES looks to open around 1756 after closing yesterday at 1764 which was it's overnight high. It traded at a low of 1755. The 10yr closed at 26.02 and is currently trading around 2.633.

$KORS is out with earnings which has the stock trading higher. It closed at 74.75 and traded at an ETH low of 74.50 and a high of 78. It's currently trading around 77.15.

$GTAT is up 20% after announcing a deal with $AAPL. The stock closed at 8.40 and is currently trading around 10.11. Might be worthwhile to look into a Nov $10 straddle depending on cost.

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