US Markets

• S&P 500 Futures -6points
• 10-Year 1.52%
• Dollar Index 98.91
• Oil $53.05
• VIX 18.33

International Markets

• Japan -0.16%
• Shanghai – Closed
• Hong Kong – Closed
• South Korea +0.05%
• UK +0.01%
• Dax +0.03%

S&P 500 (SPY)

The S&P 500 futures are trading lower this morning on headlines that China is reluctant to make a broad trade deal. Regardless, the S&P 500 futures are holding support around 2,935 and the uptrend. So don’t get all doom and gloom yet. I still think we are heading higher towards 2,985.  

UBER (UBER)

UBER is rising this morning after Citigroup upgraded the stock to a Buy with a $45 price target. The stock is trading at resistance at $30.50 this morning. Should the stock rise above that price it could continue higher to $32.10

Apple (AAPL)

Apple launched its newest phone, but attention is turning to 2020 already. According to reports, the company is likely to start making a cheaper iPhone next year. The stock is flirting with moving towards its all-time highs.

Netflix (NFLX)

Netflix is trading around resistance at $273, and the stock needs to break out to push back to $284. NFLX double bottom on the RSI, suggesting shares are oversold.

Twitter (TWTR)

Twitter is hovering around resistance at $40.35, and a falling wedge pattern may suggest the stock is getting to reverse higher and head towards $43.

Tesla (TSLA)

Tesla has been going nowhere, but the one thing that seems clear is that support continues to hold at $225.

Have a great one!