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Peter’s Premarket Perspective | Monday, October 7, 2024

By Peter's Premarket Perspective

Non-true gap lower back into Friday’s range Rates continue to creep higher with 10yr yield over 4% again Continued tension in Middle East as Israel intensifies attacks agains Hezbollah No…

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Peter’s Premarket Perspective | Friday, October 4, 2024

By Peter's Premarket Perspective

Surge higher in futures on data release September Unemployment Rate 4.1% vs 4.2 in prior period and consensus September Nonfarm Payrolls 254k vs prior revised to 159k Fed speakers: New…

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Peter’s Premarket Perspective | Thursday, October 3, 2024

By Peter's Premarket Perspective

Non true gap lower Premarket indications have us close to halfback which tells us little about potential early trade Weekly initial claims slightly higher Market waiting on Friday’s employment report…

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Peter’s Premarket Perspective | Wednesday, October 2, 2024

By Peter's Premarket Perspective

Non true gap lower Geopolitical angst as Israel vows retaliation against Iran for yesterday’s missile strike; Brent crude futures +3.1% to $75.82/bbl Weakness in managed care stocks after Humana (HUM)…

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Peter’s Premarket Perspective | Tuesday, October 1, 2024

By Peter's Premarket Perspective

Premarket indications very flat on balanced o/n inventory Spike rules are in play Weakness in AAPL as Barclays suggests iPhone 16 demand is sluggish ISM Manufacturing Index at 10am ET…

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Peter’s Premarket Perspective | Monday, September 30, 2024

By Peter's Premarket Perspective

Small true gap lower, gap rules are in play Overnight inventory very balanced with some price exploration lower 8.1% surge in China’s Shanghai Composite after PBOC tells commercial banks to…

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Peter’s Premarket Perspective | Friday, September 27, 2024

By Peter's Premarket Perspective

Non true gap higher Overnight inventory very balanced; sellers are still not present in any larger faction August PCE (Fed’s preferred measure of inflation) cooled a bit Yields down a…

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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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