Here's a super-quick guide to what traders are talking about this morning (DIA, SPX, SPY, QQQ, TLT, IWM)
Via Dave Lutz at JonesTrading, here's a quick guide to what traders are talking about as the market opens on Friday. Good Morning, and Happy Friday! US Futures are mixed, with the S&P off small, but Nasdaq adding to record highs on the back of GOOG. Euro Markets are seeing profit-taking to the 7-day winning streak, as Germany and Austrian parliaments to vote on Greek bail-out talks today — Germany’s lawmakers are voting right now. The DAX is off 25bp as Fins fall small, but the Consumer discretionary sector remains well bid on the back of positive results from Electrolux, Ericsson, and Volvo. Over in Asia, the Shanghai Composite popped 3.5%, leaving it up slightly on the week, while Shenzen added nearly 5% in its best rally since 2012. Japan’s Nikkei rose 0.3%, a fifth consecutive day of gains — Hong Kong’s Hang Seng added 1%. Aussie closed mixed with Banks adding to the week’s rally, while miners saw some weakness despite another overnight rally in Ore.
Jul 17, 2015 3:30 PM