Tuesday, December 3, 2013

Tuesday Dec 3 pre-mkt outlook

The /ES looks to open around 1794 this morning. It finished at 1800 yesterday after a bit of an afternoon selloff that saw it drop for 1809 at 1300hrs to a low of 1797. It hit an overnight high of 1802 and a low of 1792. The 10yr note is trading around 2.770 after finishing yesterday around 2.80.

$AAPL is out this morning with a PT upgrade from UBS from 540 to 650. The stock closed yesterday at the lows of the day at 551.23 and it is currently trading around 557.

$TSLA is called Morgan Stanley's best idea. It closed yesterday at 124 and is currently trading around 132. Jeffries also re-iterated on the stock as well.

$F and $GM will be posting their sales numbers this AM.

$KKD is getting knocked hard this AM after posting earnings. The stock closed near 52wk highs at 24.55 and is currently trading around 20.60. Twitter personality @thenotablecalls is reporting that Stephens and Janney are raising PTs to 25 despite SSS miss.

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