PRE MARKET
Will have full report tonight on my trip as well as markets.
Futures flat…a few things sticking out!
Seeing a few REITS at new highs…avb, cone, dlr, ess, pld, udr…also utilities stronger so the interest-rate sensitive play, for now, has bid. Same for a few housing names.
Most of the bearish areas we have been mentioning for weeks and months…remain bearish. GOLD does act better though.
Will also add TRANSPORTS better. Important name like FDX breaks out.
RUSSELL also back into and towards upper end of range.
Financials still stink…notwithstanding a couple of names like BLK, BX.
You already know about NASDAQ/NDX. SEMIS also still going.
Very quiet week for earnings…
Again, in-depth tonight.