Oct 29, 2018 – Play Nice

Premarket Insight

Nasdaq futures kick off the week with a ton of energy, already up more than 1.25% (more than 100 points) in the premarket. Key to note this is the last week of earning reports for major companies to include tech giants such as Facebook and Apple. Facebook releasing on Tuesday and Apple on Thursday. It’s fair to expect another interesting week of wild volatility and headlines that contributes more confusion than helpful insight.

 

Premarket volume check showing strength throughout the market beyond the Nasdaq. Before 08:00 EST NQZ18, CLZ18, and 6EZ18 above 100k of volume. GCZ18 close behind with less than 2k away from the 100k mark. Euro forex futures trading sideways, while Gold and Crude Oil trade bearish.

 

Remember to check the Economic Outlook for major scheduled economic events.

 

Stay calm, plan the trade, and trade the plan.

 

COB Recap

Total Loss $-240

  • TST = $-240
  • AMP = $0 (no trades)

 

TST-combine-loss

 

For real-time insights follow me on Twitter! @Mv3Trader

 

Comment below with your opinions and questions.

 

Rob

Mv3 Trader

“Trade Consciously”