Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the disable-gutenberg domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home4/jwl23/public_html/rd.johnlander.me/wp-includes/functions.php on line 6131
Pre-market Tour (recording & summary) – If, Then… Market Timing

Pre-market Tour (recording & summary)

By Rod David | December 2, 2016 - 9:24 am

REMINDER: I’m unavailable during today’s last timing window (which begins at 2:30 ET). There is no post-market Wrap or Saturday Review.

The bounce off of overnight lows made it back up to 2191.00 ahead of this morning’s Employment Situation report. The knee-jerk reaction was relatively muted, spiking down to 2187.00 and back up to a fresh high at 2191.50. Gapping up enough to reverse the trend up isn’t likely. Isolating a retest of the overnight low is possible, but difficult. A morning rally should begin abruptly at the open, so any weaker strength — or weakness, itself — would be credible for extending down.

Details and other markets coverage are discussed in the pre-market Tour recording here.

Posted in members-only, Pre-market Tour, S&P