- S&P 500 Futures +8 Points
- 10-Year Yield 2.06%
- Dollar Index 96.85
- VIX 12.90
- US Oil $60.72
- Japan Nikkei +0.51%
- China Shanghai +0.08%
- Hong Kong HSI +0.81%
- South Korea KOSPI +1.06%
- UK FTSE -0.08%
- Germany DAX -0.22%
Stock Trading For July 11
S&P 500 (SPY)
S&P 500 Futures are pointing to an opening above 3,000 on July 11. That level was acting as resistance a bit yesterday, but it shouldn’t for long. Based on my outlook, this leg of the rally could take us as high 3,055.
Microsoft was initiated today with an outperform rating at Cowen and a $150 price target. The stock has been steadily trending higher since the December 24 lows. The next level of resistance I am expecting is around $141.
SNAP is rising today after BofA put a $17 target on the stock up from $12. The next level to watch for continues to $16.
Well to say that Stranger Things 3 is hot may be an understatement. The latest Google Trends show that search term for this season is higher than any in the past.
Amazon is trading above 2,025 this morning and is likely heading to around $2060.
Good Luck Today.
Original Post: 5 Monster Stocks To Watch For The July 11 Trading Session
July 11 – Stock Mentions SPY, MSFT, TSLA, SNAP, NFLX, AMZN
Michael Kramer and the clients of Mott Capital own MSFT, TSLA, NFLX
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