Wednesday, 27 January 2016

Pre-Market Brief

Good morning. US equity futures are moderately lower, sp -8pts, we're set to open at 1895. USD is cooling, -0.5% in the DXY 98.80s. Metals are weak, Gold -$3. Oil is -1.7% ahead of the latest EIA report.


sp'60min


Summary

So, we're set to open a little lower, but nothing significant.

re: AAPL.  Earnings were reasonable, but in early trading are currently -3.7% in the $96s. The AH high was $103.50

If the main market holds together for a few more weeks, AAPL should still battle upward to at least $105.

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Doomer chat, Hunter with Celente



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Overnight action..

Japan: solid gains, closing +2.7% in the 17100s.
China: -0.5% @ 2735, having hit 2638
Germany: currently -0.5%  @ 9777

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Have a good Wednesday