kaltbaum premarket

Early movers:

 

V and MA up nicely as their lawsuit pays out less than expected…and supposedly ends litigation against them by the retailers. Both up about 2-2.5%. C up on numbers about 3%. That’s JPM,WFC and now C reacting well to numbers.

 

Futures are down but not by much. Retail sales number was poor this morning. Until I say otherwise. ..trading environment right now, not investing. I gave you a fuller report last night for your review on areas typically not played at this service…but to make you aware that other areas working.

 

When I say to probe, it means partial positions. Would not send it in right now. HD needs the breakout…only probe on the breakout. CTRX and ULTA are small probes off the 50 day…with stops below. Stops are only about 2-3% below…in other words, not a lot of risk.

 

After the close earnings: JBHT, WYNN. Tomorrow morning: KO,CMA,GS,HOG,JNJ,KSU,STT,SCHW