So far Nasdaq futures holding strong over yesterday’s low after taking a very brief dip below in the Asian market hours. As of this writing, the bulls are slowly marching higher, so I wouldn’t be surprised to see the low revisited at some point today. Nothing significant scheduled for Economic Outlook today, however earnings reports could make things interesting. Home Depot (HD) in the spotlight today, accompanied by some weed stocks, such as Tilray (TLRY) and Cronos Group (CRON).
Premarket volume check showing relatively strong activity with NQZ18, CLZ18, GCZ18, and 6EZ18 all above the 100k mark. After the selloff continuation yesterday, CL so far taking some rest leading up to the bell. GC also trading mostly sideways after a brief European session dip, while 6E begins to climb higher in the premarket.
Stay calm, plan the trade, and trade the plan.
Another day of no trades in this choppy morning session. (sigh)
Comment below with your opinions and questions.