Good Morning Todays Trade

Friday, June 6, 2008

The futures market has been beaten back on the employment report and is signaling a lower start for stocks when trading begins. Rising oil prices, up 2.7% to $131.40, are acting as another buying deterrent. Very disappointed in the numbers today, we had a nice set up going into today, but needed the catalyst to get this market rallying.. So being a Friday with this bad news , I will watch relative strength in select stocks and look to be careful taking any longs today. In fact i will take off at noon, and start the weekend early.

Market continue to sell pre open here buckle up

TSO
NVDA
SBUX
MSFT


hereis a few names i want to add to

Oil looks so strong with MS coming out with 150 price target by July 4th Wow!