Wednesday, 28 October 2015

Pre-Market Brief

US equity futures are moderately higher, sp +5pts, we're set to open at 2070. With the FOMC certainly due to announce nothing, the market will likely use it as an excuse to break into the 2080/90s within the near term... before first opportunity of a retrace.



We're certainly setup for net daily gains. Upper bol' on the daily cycle offers the 2080s later today.. .possibly 2090 on a spike.

GDP data tomorrow won't likely be great.. and there is high risk we'll see a short term cycle peak late today/early tomorrow.

notable early movers.

AAPL +1.6% in the $116s
TWTR -10% in the $27s

Doomer chat, Hunter with Schiff


Asia action

Japan: +0.7% @ 18903
China: -1.7%  @3375... With just 2 trading sessions of the month, the SSEC is still set for a net monthly gain of around 10%.

Have a good Wednesday