Daily RPG Reports: Hit + to Expand Tab and Access Report: (Latest Update Open by Default)

Pre Close Opps
[stock_market_widget type="comparison" template="basic" color="teal" chart_range="1d" chart_interval="5m" assets="SAA.L,WRKS.L,THG.L,EYE.L,MHC.L" fields="name,change_abs,change_pct,volume,market_cap,chart,open,high,low,last_update" api="yf" style=" width: 1200px; margin-left: auto; margin-right: auto; background-color: white;"]

Price quotes delayed by 15 minutes or more, see update timestamp for details. Refresh page to force update

RNS Analysis and Opening Price Action

  • Identify  opps from Pre market
  • likely pops drops
  • charts
  • supporting data - short interest etc
  • correlations to other drivers
  • intermarket
  • commodsoil/gold/currency

 

supported by comments and discussion below

 

[stock_market_widget type="inline" template="generic" assets="WRKS.L" markup="{name} ({symbol}) {price} ({change_pct}){last_update}" style="font-size: small" api="yf"]

Overnight Action


US selling abated though all indices red on the trading day : Transports showed continued weakness which is often a  leading indicator of the  broader indices. Dow made a new 14 motnh low but closed in a tight doji whcih mat signal a temporary bottom: S&P and NAs stayed north of their recent low

  • FTSE futures showing a positive day as USD weakness
  • VIX below 30 : just which should support a brief rally : need this to drop below 25 for a more sustained move
  • Gold is holding above $1840
  • Brent checked the 21EMA and held yesterday - tracing the 8 EMA : does seem to be losing momentum but if weak(er) dollar persists should rally
  • copper is back above the 8EMA which could give some cheer
  • OpEx today may support a rally but staying in liquid names and on short timeframes

 

Expect oilers and miners to do well today on weaker dollar and firmer metals

 

> Post a Comment or Ask a Question <<

0 0 votes
Article Rating
Subscribe
Notify of
guest
1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments