kaltbaum premarket
No changes from last night. Futures are up but off highs.
Of note:
One of my favorite lower volume names, MLNX, gapping up over $4 as Intel selects their chip.
UA announces 2 for 1 stock split. Good breakout Friday but again, I will wait to buy today.
AAPL will open above 50 day average but not an automatic buy for me…just yet. They have a conference today.
We will work off that list i gave you last night but still want to see how market takes the “good” news that Spain needed a 100 billion euro bailout for their banks. Amazing amount for their size. Next up…GREECE.
Cover BHI if it gets back above $40.
My best guess is that when this “news-driven” move peters out, we are going to see a lot of whippy action…so keep your feet on the ground.