INSIDEBULLS

[blasher]

Before Market Opens (BMO) Trading Commentary . . .

* Asian markets finished mixed. The Shanghai Composite gained 1.21% and the Nikkei 225 rose 0.44%. The Hang Seng lost -0.16%.
* European markets are lower today with shares in France off the most. The CAC 40 is down -0.79% while Germany's DAX is off -0.70% and London's FTSE 100 is lower by -0.47%.
* Stocks are headed for a modestly lower open, extending three consecutive days of decline, as investors awaited data on retail sales, consumer sentiment and inflation. The Dow Jones industrial average (INDU), S&P 500 (SPX), and Nasdaq (COMP) futures are slightly down. Remember, all this can change with the Big Economic Reports coming out Before the Market Opens (BMO).
* QQQQ/SPY are currently Trading at 44.80 / 108.10 . . .
Subscribers, see the Members Tab and use the Charts and Commentary I post each night for Support / Resistance / Target details.
* Since yesterday's Close, the Range-Bounds have been approximately 1075 - 1089 for S&P-500 futures .. Up all night and Down all morning .. use these Bounds as possible Targets for Trading today.
* The US-Dollar is at 82.78 now .. Sideways all night and Up all morning. The Euro has been Down all night and all morning to 1.2804.
* Gold has been moving Sideways all night and all morning to just over 1216 now. Members, please refer to my Gold Chart and Commentary on how to Trade this precious metal.
* Copper has been moving Sideways all night and all morning to 3.2635 now.
Copper prices and their Trend represent economic health around the World.
NOTE: down the left-side of our Home page, we have metals prices updated in real-time (click link at bottom)

* Economic Events out today are listed near the bottom of this BMO page. (click link at bottom)

* Updated QQQQ and S&P-500 Charts with Support/Resistance are at the bottom of this BMO page. (click link at bottom)

YESTERDAY:
The market closed modestly lower but recouped earlier losses, as investors digested an unexpected rise in jobless claims and Cisco Systems' cautious outlook. The market is really oversold and bargain hunters are coming in. Also continuing to drag down the market was the Federal Reserve's statement from Tuesday. The Fed said the economic recovery is weakening. Oracle sues Google for patent, copyright infringement. The QQQQ implied volatility inched higher.
c/o optionsmart

TODAY:
Expecting . . .

... read much, much more, including today's outlook and Charts, at http://www.StocksDoc.com/BMO.php .



.