CAT missed on everything this morning, was trading down and is now back to about break-even, this and DE have been among our core shorts.
As for longs doing well, our Calls in GLD last week are paying off this a.m., up almost 2% on no news whatsoever, but we weren't following news or expectations of it, we were following underlying trade/accumulation and it looks as if it will pay off handsomely this morning.
Other than that, after the averages headed higher overnight, they are set with negative divergences in pre-market along the lines of what I mentioned last night, apparently it is not CAT or if it is, it's not effecting CAT, so we'll see what happens there, but I'm pretty much expecting the symmetry mentioned last night.
As for futures...
After heading higher, the 5 min negative divergence played out and is now seen on the 1 min intraday chart in premarket.
The exact same is in NQ and TF as well.
Gold futures are in line right now as is the $USD, but the Euro looks as if it could lift a bit, all in all, somewhat mediocre or luke warm, which isn't bad given expectations from last night.
As for longs doing well, our Calls in GLD last week are paying off this a.m., up almost 2% on no news whatsoever, but we weren't following news or expectations of it, we were following underlying trade/accumulation and it looks as if it will pay off handsomely this morning.
Other than that, after the averages headed higher overnight, they are set with negative divergences in pre-market along the lines of what I mentioned last night, apparently it is not CAT or if it is, it's not effecting CAT, so we'll see what happens there, but I'm pretty much expecting the symmetry mentioned last night.
As for futures...
Gold futures are in line right now as is the $USD, but the Euro looks as if it could lift a bit, all in all, somewhat mediocre or luke warm, which isn't bad given expectations from last night.
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