Stocks Are Pointing To More Gains For November 27

US Markets

• S&P 500 Futures +4.25 points
• US 10-Year 1.75%
• VIX 11.57
• Oil 58.46
• Dollar Index 98.33

International Markets

• Japan +0.28%
• SK +0.31%
• China -0.13%
• HK +0.15%
• Germany +0.28%
• UK +0.50%

S&P 500 Futures 

Markets are pointing to a higher opening once again. The S&P 500 futures hit 3,150 this morning, and appear to have some room to continue to advance to roughly 3,160. 

The cash market has some further room to climb to around 3,153. 

Freeport (FCX)

Freeport continues its climb, and as right now, $12.05 appears to be the next level of resistance.

Illumina (ILMN)

Illumina continues to power high and has risen above resistance at $316. The stock now appears to be working to fill the gap up to $360.

 

Gilead (GILD)

Gilead also appears to be breaking out, rising above resistance at $67, and may now be working its way higher towards $72.

 

JD (JD)

JD.com is finding support at $31.50 and now is likely to retest resistance at $34.80. 

Acadia (ACAD)

Acadia continues to hold the rising triangle, and that is a bullish sign that the stock is likely heading higher towards $52.

Have a great day.