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Peter’s Premarket Perspective | Monday, June 17, 2024

By Peter's Premarket Perspective

Very flat open on balanced overnight inventory O/N distribution is very squat and wide, indicating balance Minneapolis Fed President Neel Kashkari (not a voting FOMC member) in interview says December…

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Peter’s Premarket Perspective | Friday, June 14, 2024

By Peter's Premarket Perspective

None true gap lower on o/n inventory that is balanced.  Some price exploration out of range overnight. Weakness in European markets amid increased uncertainty regarding French election Some buyer fatigue…

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Peter’s Premarket Perspective | Thursday, June 13, 2024

By Peter's Premarket Perspective

None true gap higher. Overnight inventory is 100% net long but market still within range May PPP continues to support the theory that inflation is easing Broadcom (AVGO) beats by $0.11,…

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Peter’s Premarket Perspective | Friday, June 7, 2024

By Peter's Premarket Perspective

True gap lower into the range of the large expansion bar of 06.05 May Nonfarm Payrolls 272K vs 185K Briefing.com Consensus; prior revised to 165K from 175K ECB policymakers reportedly…

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Peter’s Premarket Perspective | Thursday, June 6, 2024

By Peter's Premarket Perspective

Small non-true gap higher above settlement but currently within range Some balance would be normal after yesterday’s range expansion NVDA and some others facing anti-trust probe but NVDA still higher…

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Peter’s Premarket Perspective | Wednesday, June 5, 2024

By Peter's Premarket Perspective

Small true gap higher above the recent triple top poor high. Sellers are simply not motivated at all in this market. Better-than-expected results and guidance from CrowdStrike (CRWD) and Hewlett-Packard Enterprise (HPE) feeds ongoing…

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Peter’s Premarket Perspective | Tuesday, June 4, 2024

By Peter's Premarket Perspective

Gap down back into range with relatively large o/n inventory distribution; market is price exploring to find value. Yesterday’s VA was essentially mostly within the spike of the prior session…

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