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Pre-market information and trade levels 3-19-10

Alright, it’s true, I was going to just cut and paste the blog from yesterday’s tape and put it in for today’s post, but I thought that would be lazy….

So yes, I do suspect we have another doji style day, though depending on how things pin, we may have a larger range. If we do have larger range, that might give us an inclination that we may have more range expansion days ahead.

Be careful about overtrading if your ranges look tight.

Friday, March 19, 2010

Economic
07:00 Canada Feb CPI, Jan Retail Sales
11:00 Mexico rate decision
15:00 Argentina Q4 GDP, Industrial Production
Events
11:50 Former Fed Chairman Greenspan discusses the financial crisis. Baird Utility & Infrastructure Symposium. Quadruple witching options expiration.
Earnings
Before the Open: PERY

SOME UPGRADES
Tetra Tech TTEK
Energy Transfer Equity ETE
Computer Prgms & Syst CPSI

SOME DOWNGRADES
CRA Intl CRAI
BostonPrivate Fin BPFH
Weatherford WFT
DIRECTV DTV
Integrys Energy TEG
Ivanhoe Energy IVAN
Palm PALM
Synaptics SYNA

BELOW ARE THE LEVELS TO TRADE TODAY…

{{{gold|platinum}}}

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