- equity futures are pointing sharply higher heading into Thursday's open, with S&P 500 futures trading 78.00 points above fair value and Nasdaq futures up 372.00 points above fair value as of the 8:00 ET update — a notable acceleration from the 05:59 ET reading of +68.00 (S&P) and +328.00 (Nasdaq)
- Mega-cap technology and semiconductor names are leading the early bid, aided by a second consecutive down session for crude oil and a modest overnight rally in Treasuries
- The premarket strength follows a choppy, ultimately negative session on Wednesday, when the major averages reversed an initially positive move after the FOMC's unanimous 12-0 vote to raise the fed funds target range 25 basis points to 3.75-4.00% — the first hike since July 2023
- AAOZ ($15.59): ATR multiple -0.96, 0 funds, undefined%
- BWET ($778.94): ATR multiple 16.99, 1 funds, undefined%
- FPS ($34.84): catalyst 1d ago, +9.5% gap, RVOL 3.0
- LABD ($7.71): catalyst 1d ago, +6.5% gap, RVOL 0.8
- ALAB ($269.18): +6.6%, RVOL 1.0, between
- AXTI ($64.30): +11.4%, RVOL 1.4, between
- equities finished mostly lower on Wednesday, September 16, in a session that…
- The Dow Jones Industrial Average dropped 631.21 points (-1.21%) to 51,461.90, the…
- Bearish.
- What's working: Continuation (2LYNCH) fired 11 signals, D9M 4 signals, Reversal Bullish…
- Equities are trading broadly higher at midday on Wednesday as investors position…
- The S&P 500 is up 32.81 points (+0.43%) to 7618.54, the Nasdaq…
- Cautious Bearish.
- What's working: Continuation/2LYNCH is the only rich lane with 8 signals (TMO,…
- equity futures are pointing to a sharply higher open ahead of this…
- The rally in futures comes even as the CME FedWatch Tool assigns…
- MDB ($377.67): ATR multiple 0.06, 0 funds, undefined%
- IT ($195.59): ATR multiple 3.21, 0 funds, undefined%
