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Posted by Peter Davies on March 23, 2017

S&P Daily Pre-Market Prep 3/23/17

Well- the sky seems to have taken a break from falling... We've bounced up for now but the market will still be feeling the sting from the drop. So on any break down, we have a very good chance of...

Posted by Peter Davies on March 22, 2017

S&P Daily Pre-Market Prep 3/22/17

"The sky is falling", "Market loses confidence in Trumps plan", "a 5% stock market correction is coming"...Funny how the financial press didn't mention any of this impending doom yesterday morning....

Posted by Peter Davies on March 21, 2017

S&P Daily Pre-Market Prep 3/21/17

Volatility is gradually reducing, not what we want to see. So now I am without bias and waiting for something to wake the market up.

Posted by Peter Davies on March 20, 2017

S&P Daily Pre-Market Prep 3/20/17

I'm on the lookout for us developing to a range. Looking at 2351.50-2398 potentially.

Posted by Peter Davies on March 17, 2017

S&P Daily Pre-Market Prep 3/17/17

A pretty flat day yesterday, so no 'resolution' after the FOMC.

Posted by Peter Davies on March 16, 2017

S&P Daily Pre-Market Prep 3/16/17

A nice pop up on the FOMC. First order of today - are we going to keep it? If we look left, we are close to the all time highs and a rejection there would leave us potentially in a narrow range...

Posted by Peter Davies on March 15, 2017

S&P Daily Pre-Market Prep 3/15/17

As Market held at the 51.50 level (were had 51.25 on our watch list). We can't read too much into that medium term because it's FOCM today and a likely rate hike. So we have to let that wash out...

Posted by Peter Davies on March 14, 2017

S&P Daily Pre-Market Prep 3/14/17

As expected Monday was lackluster with little movement. 

Posted by Peter Davies on March 13, 2017

S&P Daily Pre-Market Prep 3/13/17

Still looking at 2 scenarios1 - Market finds support at a recent level (may have already happened)2 - Market moves into a nice 100 point rangeWe may not get an answer till after the FOMC - rates...

Posted by Eddie Horn on March 10, 2017

Weekly Squawk Broadcast Brief

Top Market Movers

Monday, March 6: Natural Gas was up over 4%, Dow back under 2100

Tuesday, March 7: Crude Oil went full circle after opening at 5400, it broke down to 5318, only to rally and close...

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