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Peter’s Premarket Perspective Thursday, May 2, 2024

By Peter's Premarket Perspective

Large, non-true gap higher back up into range Volatility in  both directions was large yesterday and should continue QCOM gapping higher this morning, AAPL reporting tonight Initial Jobless Claims came…

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Peter’s Premarket Perspective Wednesday, May 1, 2024

By Peter's Premarket Perspective

Small true gap lower after yestserday’s trend lower with bearish close Market soft ahead of FOMC decision today which may confirm the higher for longer theme Reactions to earnings from…

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Peter’s Premarket Perspective Tuesday, April 30, 2024

By Peter's Premarket Perspective

Balancing overnight  distribution with most activity within value area Mixed responses to big cap earnings (LLY, KO, MCD, MMM) Consumer Confidence number coming at 10am ET AMZN reporting tonight Pre…

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Peter’s Premarket Perspective Monday, April 29, 2024

By Peter's Premarket Perspective

Bullish balancing after Friday’s advance Within range but with overnight inventory 100% net long TSLA up 12% after getting approval in China for self-driving service  AAPL up 2.6% after Bernstein…

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Peter’s Premarket Perspective Friday, April 26, 2024

By Peter's Premarket Perspective

Some balancing hold after yesterday’s outsized rally Better than expected results from MSFT & GOOGL Both /ES and /NQ are now back above their respective 8ema’s Spike rules are in…

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Peter’s Premarket Perspective Thursday, April 25, 2024

By Peter's Premarket Perspective

True gap lower on 100% net short o/n inventory META down 15% afterhours after earnings report Dow components, CAT and IBM both down sharply after releasing earnings Potential jitters ahead…

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Peter’s Premarket Perspective Wednesday, April 24, 2024

By Peter's Premarket Perspective

True gap higher on net long overnight inventory Better-than-feared results from Tesla (TSLA) and Boeing (BA) spur continued buy-the-dip interest Strength in semiconductors following results from Texas Instruments (TXN) and company’s view that some customers in…

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Peter’s Premarket Perspective Tuesday, April 23, 2024

By Peter's Premarket Perspective

Non true gap higher again within range; market still too short to go lower. Better-than-expected earnings results from several industrial companies Overnight inventory balanced to net long. 2-yr note yield…

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