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Peter’s Premarket Perspective | Wednesday, September 25, 2024

By Peter's Premarket Perspective

Overnight activity fully within value area Both high and low of overnight distribution are weak Chip giant Micron (MU) reports earnings after today’s close August new home sales at 10am…

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Peter’s Premarket Perspective | Tuesday, September 24, 2024

By Peter's Premarket Perspective

Overnight activity moved out of range but currently very flat and close to settlement Overnight inventory very balanced with equal distribution on either side of settlement China announces a wave…

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Peter’s Premarket Perspective | Monday, September 23, 2024

By Peter's Premarket Perspective

Non true gap higher Overnight activity net long and mostly within range Today’s Fed speakers: Atlanta Fed President Bostic (FOMC voter) at 8:00 a.m. ET; Chicago Fed President Goolsbee (non-FOMC…

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Peter’s Premarket Perspective | Friday, September 20, 2024

By Peter's Premarket Perspective

Flattish open with small overnight profile fully within range Disappointing results and guidance from FedEx (FDX) No economic data releases this morning Quarterly options expiration today Pre Market Indications Opening…

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Peter’s Premarket Perspective | Tuesday, September 17, 2024

By Peter's Premarket Perspective

True gap Higher Overnight inventory balanced Investors bet on the Federal Reserve’s first interest rate cut in four years 9:15am eastern time Industrial Production data released. Pre Market Indications Opening…

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Peter’s Premarket Perspective | Thursday, September 12, 2024

By Peter's Premarket Perspective

Non true gap higher Overnight inventory close to 100% net long Initial Claims slightly higher, PPI also higher Economic data did not move futures much Pre Market Indications Opening In/Out…

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