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Peter’s Premarket Perspective Friday, December 6, 2024

By Peter's Premarket Perspective

Overnight activity below range but with a classic 45 degree line (bullish) Non farm payrolls came in back to positive after last month’s contraction Unemployment rate ticked just a hair…

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Peter’s Premarket Perspective Thursday, December 5, 2024

By Peter's Premarket Perspective

Flat open Tightest overnight range we’ve seen in some time Initial Claims came in slightly higher, market ignoring it Bitcoin crosses 100k a bit more definitively than before Pre Market…

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Peter’s Premarket Perspective Wednesday, December 4, 2024

By Peter's Premarket Perspective

True gap higher, gap rules are in play CRM (Salesforce) gapping up 12% on earnings report Buying pressure strong as seasonality collides with FOMO ISM Non-Manufacturing Index at 10am ET…

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Peter’s Premarket Perspective Tuesday, December 3, 2024

By Peter's Premarket Perspective

Flattish open with very tight overnight range Cyber Monday sales ahead of initial expectations Rising confidence in December rate cut (probability at 72.5% versus 59.4% a week ago, according to…

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Peter’s Premarket Perspective Monday, December 2, 2024

By Peter's Premarket Perspective

Premrket indications point to a very flat open Overnight inventory skewed very net short, close to 100% Mixed action in chip and chipmaker equiment stocks as US introduces more export…

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Peter’s Premarket Perspective | Wednesday, November 27, 2024

By Peter's Premarket Perspective

Small non true gap lower Overnight inventory skewed very net short, close to 100% Negative response to batch of reports from software and hardware industry groups Initial Claims ticked down…

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Peter’s Premarket Perspective | Tuesday, November 26, 2024

By Peter's Premarket Perspective

Small true gap higher on balanced overnight inventory President-elect Trump announces plan to increase tariffs on China by 10%, and impose 25% tariff on Mexico and Canada on day one…

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Peter’s Premarket Perspective | Monday, November 25, 2024

By Peter's Premarket Perspective

Strong true gap higher; gap rules are in play Drop in Treasury yields following Bessent nomination, as participants like his view on taming rise in national debt Overnight activity is…

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Peter’s Premarket Perspective | Friday, November 22, 2024

By Peter's Premarket Perspective

Premarket indications have us opening within range Yesterday’s action filled the upside gap in the SPX but not in the NDX Flash November PMI readings from the Europe were disappointing…

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