AheadoftheNews.com

Market analysis and futures trades.

Bears win the close after the ridiculous AAPL bid kept techs slightly higher most of the day. NQ drops 1964 after-hours, we could get a gap close at 1951/1953 by tomorrow, although there is a YHOO bid. ES gap close is not far at 1539.75, although 1542 is pretty strong support.
Housing starts pre-open will dictate market direction.
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6/18/07 6:54 PM

I sense someone short APPL :)    



6/18/07 7:03 PM

Not yet. There could be one mega squeeze before the release. But that news today was bogus and I shorted NQ on the bid and I'm nicely up after-hours, so that worked. However, I plan on trading this, not holding it. Watch NQ 1964 and 1968.25 overnight.    



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