Friday, January 11, 2019

Day Trading The ES Friday 11 January 2019

Just when shorts thought it was safe to come back out...


In The News

  • GM +7% after u/g its outlook
  • NFLX +4% after analyst upgrades... the company posts next week
  • GE -2.5% after an analyst cut his price from $10 to $7... Ended unched on the day...
  • Caesars (CZR) -- +9% on news that billionaire investor Carl Icahn is building a stake in the casino company
  • SBUX - down .7% after GS d/g on China concerns
  • Another sign of the times... PVH +7% after news Calvin Klein to close its flagship store in midtown Manhattan. 

How The ES Traded

Pre-Open

TBZ looked set to hold price up as we came into the US cash market open.  We broke through the bottom of the zone, but only a bit...




After 11 AM


My trading room closes at 11am... 



After Close


The arrows show areas where TAOST Power Zones lent a hand.  Use them.




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