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Peter’s Premarket Perspective Friday, May 10, 2024

By Peter's Premarket Perspective

Solid true gap higher; gap rules are in play Overnight /NQ action is now breaking downtrend University of Michigan Consumer Sentiment number coming at 10am ET Atlanta Fed President Bostic…

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Peter’s Premarket Perspective Thursday, May 9, 2024

By Peter's Premarket Perspective

Trading relatively flat around open on balanced o/n inventory Large slate of earnings results triggers mixed reaction AI buzz quiets a bit after Arm Holdings (ARM) only provides in-line guidance for FY25…

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Peter’s Premarket Perspective Tuesday, May 7, 2024

By Peter's Premarket Perspective

Very balanced overnight inventory at high end of yesterday’s bullish close Sellers seem to have left the building Two back to back unfilled true gaps below us now /NQ coming…

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Peter’s Premarket Perspective Monday, May 6, 2024

By Peter's Premarket Perspective

True gap higher Ten year yield continues to soften a bit Berkshire reports and Buffett names a successor Gap rules are in play Pre Market Indications Opening In/Out Balance out…

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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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