DailyWatch May 26,2016

May 26, 2016 @ 9:14 am

daily-watch-header

Symbol Futures Price Change % Change
/ES E-MINI S&P 2089.75 2.5 0.14%
/CL CRUDE OIL 50.21 0.52 1.01%
/GC GOLD 1228.70 4.40 0.36%
/ZB 30 YEAR BOND 162’13 .006 .12%

Daily Market Summary

The S&P futures broke thru the 2080 level we have been talking about finally! Our S&P model went into State 1 last night suggesting a 4% move to the upside.  Too further validate the move, we saw the VIX last night move into our State 8. This means we expect the volatility to abate, which will lead to a further advance for the major indices. Important levels to look at next in the S&P futures are 2106 then the high of 2134. We are seeing a nice rebound in the NDX. Look at Broadcom in our Stocks on the move.

Register for a $10 trial to Key2Options by clicking here $10 Trial 

Stocks on the Move

AVGO-BROADCOM


  • YESTERDAY’S CLOSING PRICE $153.57
  • TARGET PRICE  $171.57
  • AVERAGE DAYS IN STATE 1- 36 DAYS
  • AVERAGE STATE 1 MOVE- 13%

Capmark Solutions LLC and/or its principals and employees will accept no liability whatsoever for any loss arising from any use of the Key2Options program. The information contained in this blog, or in other related resources is for educational purposes only. Neither Capmark Solutions LLC nor Key2Options, Inc. offer trading advice of any kind

 

.

Leave a Reply

Your email address will not be published. Required fields are marked *