DJ +1, cautious start for the week, highs on earnings but off high on financials with the Fed indicating a move toward withdrawing some of the support for big banks it put in place during the height of the financial crisis and ahead of Goldman senate hearing Tues. But, Europe +0.5%.
8.15 : DJ futs +3. Regional near -0.3%. Commodity flat to softer tone. CO -1%. GOLD unchged, at 1-week high.
Fkli : probably back to yest's range, 40-45 as fbm is likley to struggle again at 40. Maybe, Europe's gains could limit the dwside but upside unlikely till regional performs. Above 40, intra-day buy. otherwise dwside risk within 36-40 range.
fcpo : SO -0.5%, impacted by CO -1%. Will marginally affect follow through activities but dwside seen limited too. 2540-2560. Above 2540 is a buy mkt.
3 years ago
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