The market looks like it will open slightly higher today after the past two days' sell-off. The price of oil is on every trader's mind every day for the past few trader sessions. It does not matter on how good the earning season is, the bottomline is "Price of oil" affect future earnings. The stock market is in sync with "price of oil", if oil up, then stock is down. Since the price of oil is down today, the stock market follows, I expect the market up today because of it.
On the corporate front, (DNA) and (CC) beat estimates, (AVID) plunged. The trade deficit announcecd this morning showed that it is better than expected.
Upgrades This Morning:
(OTTR)
(MNTA)
(TTWO)
Downgrades This Morning:
(YSI)
(SLNK)
(BOL)
Most Active Stocks:
(BDCO), (OTD), (QQQQ), (FUEL), (SPY), (TIVO), (VOD), (CRDN), (CC), (AVID)
Stocks are Up:
(EAG), (CRDN), (CTIC), (CHINA), (TIVO), (AKAM), (OPWV)
Stocks are Down:
(PXPL), (AVID), (BDCO), (MPET), (NYB), (ESLR), (BHP)
Tags: premarket, pre-market, stocks to watch
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