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Two reports that can shape the economy … Bond market offers major clues on what's to come … Two sectors that are beating out energies — Will the rally last? … What volatility could mean for stocks … Top stocks outperforming everything else → → Click here to watch now! | |
Today is a critical day to find out if the rally continues. Word has it that we have an expected 2% more to go, but the key is to keep your eye on the big stocks to see how they are acting. My pivot number today is the same as yesterday, 3915 on the ES (S&P 500 futures). We have three days until the new month starts on Friday and July 4th is right around the corner. Our strategy is to see if we have any breaks of Monday's high or low on our key stocks. I'm watching USO as a potential play and NFLX is still very weak below 192. Crude oil had a high overnight of 111.72 which breaks Monday's high. For the week it has gone into a buy signal but remember the monthly open is 112.74 so we have a zone of resistance from here until there. Get today's Pre-Market Planner here. ~ TBUZ | |
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