29 July, Daily Pre-Market Report
Our 2nd profit target for AAPL was hit yesterday, I’m moving our stop up to yesterdays low. S&P e minis re-tested 1100 and are bouncing off this important support level as I write this. A close below this level would be bearish and a close above 1119 Tuesdays high would be bullish. EURAUD is setting up for a short play a break below 1.4336 would be the signal. If you would like to view how we are managing our other positions in our members area register here for a 14 day guest pass to the GT members area.
29 July, Members Daily Pre-Market Report
S&P e minis pulled backed and tested 1100 yesterday, a break back down below this level would be bearish. Wheat is bid and we profited nicely from this yesterday, helps offset some of the losses we’ve been experiencing recently. We are closely watching, Corn, EURCHF and EURAUD.
Arcelor Moves into profit $MT
ArcelorMittal, the world’s largest steel maker, said it is going to increase its prices for steel by 10% this year, even as it expects steel demand to weaken throughout most of the world. Read more http://bit.ly/baiB3B
Google $GOOG
Google a one-trick pony? “I think that’s probably true,” CEO Eric Schmidt tells us http://on.wsj.com/asTnUX
Gold Futures
Gold attracts buyers, however I’m not one of them. http://bit.ly/9ZXE8m #Gold
$GLD http://bit.ly/9ZXE8m #Gol…
$GLD http://bit.ly/9ZXE8m #Gold attracts buyers, however I’m not one of them
$AUDUSD Australian Dollar Drop…
$AUDUSD Australian Dollar Drops After Second-Quarter Inflation Unexpectedly Slowed http://bit.ly/cNLKFW