Evening all, Really interesting week across E-Mini S&P in particular last week, with lots to ponder over as we come into this week. With news of the Pfizer ($PFE) Covid-19 vaccine last Monday, Globex futures shot higher in the market, printing highs just shy of 3,650. When the cash market opened, we briefly explored higher, … Continue reading SG-Futures Weekly Markets Review 16th November 2020
Big week for risk across U.S. equity & treasury markets.
Morning all, See below our latest video on E-Mini S&P and some constituent stocks, some of whom are reporting this week. Big week this week with options expiry, month end and some key stocks all reporting earnings. On the slightly longer horizon we're a week out from the U.S. general election, and with the polls … Continue reading 27th October 2020 – Week Preview
E-Mini S&P (Sept) Previous Day Commentary - Thursday's trade had all the hallmarks of 'wait & see' given the run-in to a long 4th July weekend with the market very much range bound for the majority of the day. The ES traded in a tight range, and the sentiment was such that playing the edges … Continue reading ES DAILY UPDATE – 6th JULY 2020
NFLX Previous Day Commentary – Interesting day on Thursday with b-shaped profile printed during the cash session. Price explored the $490 handle but was quickly rejected leaving Netflix to close on the lows of the day. $460 remains a good support level for now, so any weakness in this stock should present buy opportunities around this … Continue reading NFLX DAILY UPDATE 2ND JULY 2020
MSFT Previous Day Commentary – Thursday's trade saw a P-Shaped profile which indicates some short liquidation above the $205 handle on this stock. Similar to Google, we've had quite a strong run over the last 10 days, gaining acceptance in the $200 range. In our opinion this stock is undervalued and has some gas in it … Continue reading MSFT DAILY UPDATE 2ND JULY 2020
GOOGL Previous Day Commentary – GOOGL had an interesting day on Thursday, printing a double distribution with some single prints between $1464-68. This stock has had some very emotional buying over the last week or so leading to very elongated profile shapes as the price drove higher. In the last week along $100 has to been … Continue reading GOOGL DAILY UPDATE 2ND JULY 2020
FB Previous Day Commentary – Facebook is a funny one currently, we're off the opinion here at SG that this stock is potentially running out of gas. At a macro level, the company has issues around their advertisers which will impact their revenue, as well as continual privacy concerns which appear to dog the platform non-stop. … Continue reading FB DAILY UPDATE 2ND JULY 2020
AMZN Previous Day Commentary – The stock that continues to drive higher! Thursday saw a strange profile shape, gapping up with price exploration higher but closing on lows. It should be considered good value for any trade back down to $2800 range, as this stock appears to want to drive higher. We will look for any … Continue reading AMZN DAILY UPDATE 2ND JULY 2020
AAPL Previous Day Commentary – Apple traded softer on Thursday prior to the long weekend, printing D-Shaped profile which indicates balance & equilibrium between buyers & sellers. Closing on lows around the $364 mark, which is previous resistance, it's expected that we gap higher once the market opens later today. The key levels will be from … Continue reading AAPL DAILY UPDATE 2ND JULY 2020
