http://www.StockMarketFunding.com Massive Short Squeeze Rollover Coaster Gap Stock Futures Up on ADP Report.
Premarket stock futures moved higher as notable names like PCLN, GOOG, CME, MA, AAPL, AMZN, NFLX, CMG, GS, POT, BIDU, CLF, LVS, RIMM, FSLR, VMW, MON, MON, RIG, and AGU all moved up significantly on a postive employment figure. Stocks are shaping up for a bullish opening as the "stock market" had been relatively week on EU debt issues surrounding Ireland. Google.com recently reported it is close to a deal with Groupon for $5-6B and at SMF we believe this will help google excellerate their earnings going into 2012, 2013, and 2014. "Stock Market Trading Analysis" Dow Jones, S&P 500, Nasdaq Chart. Wall Street Jumps on Strong Economic Data
S&P futures vs fair value: +16.40. Nasdaq futures vs fair value: +29.80. Gains in Europe continue to compound. As such, Germany's DAX is now up 2.2% with all 30 of its components in higher ground. For the second straight session automakers BMW and Volkswagen are relative leaders. The strong push follows news that retail sales in Germany increased 2.3% in October after a 1.8% decline in September. However, the November PMI Manufacturing reading came in at 58.1, down from 58.9 in October. PMI Manufacturing data from the United Kingdom was more impressive as it improved to 58.0 in November from 55.4 in October. Britain's FTSE has responded by staging a 2.0% gain with its advancers outnumbering its declining issues by 9-to-1. Rio Tinto (RIO) and BHP Billiton (BHP) are out in front. Meanwhile, France's CAC has climbed to a 1.4% gain. Sanofi-Aventis (SNY) and Societe Generale are atop the list of gainers, which have a 7-to-1 advantage over decliners. The short list of laggards features Carrefour, which has displayed considerable weakness this session. In eurozone data, the November Manufacturing PMI was revised slightly lower to 55.3 from 55.5. Also of note, comments from ECB President Jean-Claude Trichet indicated that he did not think financial stability in the eurozone could be called into question and increased bond purchases were indicated. That vote of confidence has helped the euro rally to a 1.0% gain against the greenback.
In Asia, Japan's Nikkei put together a 0.5% gain. Automakers Honda Motor (HMC) and Toyota Motor (TM) provided leadership, though November vehicle sales reportedly fell 31.0%3
Netflix and FilmDistrict announced a multi-yr agreement through which first-run, theatrically-released films distributed by FilmDistrict will be licensed to Netflix (NFLX) 205.90 : Co and FilmDistrict, a multi-faceted acquisition, distribution, production, and financing company, today announced a multi-year agreement through which first-run, theatrically-released films distributed by FilmDistrict will be licensed to Netflix for streaming over the Internet in the "pay TV window" a few months after their release on DVD.
'bet the bears aren't feeling very well'
Yeah, this analyst is not only good, but...usually very entertaining.
*hey mr analyst...I am sure Santa is coming to visit soon :)
LondonCrusader 1 year ago
@LondonCrusader thanks for the comment! Bears just got crushed all day
StockMarketFunding 1 year ago