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Peter’s Premarket Perspective Thursday, May 16, 2024

By Peter's Premarket Perspective

Jobless claims and housing starts didn’t move futures market much Holding at upper end of yesterday’s range on 100% net long O/N inventory NY Fed President John Williams (voting FOMC…

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Peter’s Premarket Perspective Tuesday, May 14, 2024

By Peter's Premarket Perspective

Volatility on PPI release taking futures out of range and then recovering PPI came in much hotter than expected President Biden to increase tariffs on steel, aluminum, semiconductors (from 25%…

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Peter’s Premarket Perspective Monday, May 13, 2024

By Peter's Premarket Perspective

Small non-true gap higher Overnight balanced to net long Apple (AAPL), Microsoft (MSFT), and NVIDIA (NVDA) trading higher on AI optimism No economic data of note but plenty the rest of the week…

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Peter’s Premarket Perspective Friday, May 10, 2024

By Peter's Premarket Perspective

Solid true gap higher; gap rules are in play Overnight /NQ action is now breaking downtrend University of Michigan Consumer Sentiment number coming at 10am ET Atlanta Fed President Bostic…

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Peter’s Premarket Perspective Thursday, May 9, 2024

By Peter's Premarket Perspective

Trading relatively flat around open on balanced o/n inventory Large slate of earnings results triggers mixed reaction AI buzz quiets a bit after Arm Holdings (ARM) only provides in-line guidance for FY25…

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Peter’s Premarket Perspective Tuesday, May 7, 2024

By Peter's Premarket Perspective

Very balanced overnight inventory at high end of yesterday’s bullish close Sellers seem to have left the building Two back to back unfilled true gaps below us now /NQ coming…

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Peter’s Premarket Perspective Monday, May 6, 2024

By Peter's Premarket Perspective

True gap higher Ten year yield continues to soften a bit Berkshire reports and Buffett names a successor Gap rules are in play Pre Market Indications Opening In/Out Balance out…

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