Day Trading 20 Oct Pre Market

Morning all
Shout out to @Ravgnome who is MIA, hope all OK !

SPI: +8 @ 5414
XJO Yesterday: +25 @ 5435


Stocks enjoyed more northness overnight, cruising forward on a raft of positiveness, in earnings, energy, materials. and data released.
Earnings season carried on Wednesday, with eight of the 13 S&P components that posted results this morning beating Wall Street estimates.
Morgan Stanley, Abbott Labs and BB&T exceeded expectations on both earnings per share and revenue.
Morgan Stanley continued the trend of big banks beating forecasts on strong performances from trading.
Dow component Intel also reported better-than-expected results Tuesday afternoon, but its stock fell nearly 6 percent on light revenue guidance. Companies scheduled to report are eBay, American Express and Mattel, among others. 1

Election chimps Clinton and 666 square off at noon.


S&P: 500 + .2%

The energy sector traded more than 2 percent higher earlier in the session, after the Energy Information Administration reported a 5.3 million crude oil drawdown.
West Texas Intermediate futures for November delivery rose 2.6 percent to settle at $51.60 per barrel.


Base metals flat

Gold prices ended the U.S. day session moderately firmer and scored a two-week high Wednesday. Some chart-based buying was featured after prices scored an upside “breakout” from a near-term trading range on the daily chart.  Higher crude oil prices were also bullish for the precious metals today. 2

Gold: $1269
HUI: + 3%
AUD Gold: $1644

AUD: .7644

On Today:



Have a good day

Sources:
CNBC
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