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Peter’s Premarket Perspective | Tuesday, July 30, 2024

By Peter's Premarket Perspective

Non true gap higher on very balanced o/n inventory The Bank of Japan will release its latest policy statement overnight and there is still some speculation that the central bank…

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Peter’s Premarket Perspective | Monday, July 29, 2024

By Peter's Premarket Perspective

Non true gap higher Overnight inventory not 100% net long but very close No economic data releaseed today Optimism that Fed will provide more overt hint coming out of this week’s…

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Peter’s Premarket Perspective | Friday, July 26, 2024

By Peter's Premarket Perspective

Solid non-true gap higher back up into yesterday’s expanded range Overnight inventory not 100% net long but close June PCE prices rose a tiny bit but with very little effect…

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Peter’s Premarket Perspective | Thursday, July 25, 2024

By Peter's Premarket Perspective

Balanced overnight inventory trading just slightly inside of  RTH range Overnight activity had price exploration lower and outside of range which is more bearish than if not Weekly Initial Claims…

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Peter’s Premarket Perspective | Wednesday, July 24, 2024

By Peter's Premarket Perspective

True gap lower on very short o/n inventory; gap rules are in play Futures currently trading at or near 7.19 swing low Tesla (TSLA) down 8.1% and Alphabet (GOOG) down 3.9% following their…

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Peter’s Premarket Perspective | Tuesday, July 23, 2024

By Peter's Premarket Perspective

Non true gap lower within yesterday’s RTH range Almost all overnight activity is within the value area Very minimal price exploration outside of RTH range (short covering is slowing) June…

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Peter’s Premarket Perspective | Friday, July 19, 2024

By Peter's Premarket Perspective

Very flat open on very balanced overnigth inventory Yesterday’s low tested the 21ema on the SPX daily Earnings reports from Netflix (NFLX), American Express (AXP), Travelers (TRV), SLB Corp. (SLB),…

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Peter’s Premarket Perspective | Thursday, July 18, 2024

By Peter's Premarket Perspective

Non true gap higher on 100% net long overnight inventory Carry forward failure of futures to move below RTH Low in o/n session Encouraging earnings results and guidance from Taiwan Semi…

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Peter’s Premarket Perspective | Wednesday, July 17, 2024

By Peter's Premarket Perspective

True gap lower on almost 100% net short o/n inveotory Weakness in NVIDIA (NVDA) and other chipmakers on Bloomberg report Biden Administration is looking to tighten export restrictions to China Cash market will more…

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