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. 

S&P 500, spy

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

S&P 500, spy

Freeport (FCX)

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

Freeport, fcx

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.

illumina , ilmn

 

Gilead (GILD)

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

gild, gilead

 

JD (JD)

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

jd

Acadia (ACAD)

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

acad, acadia

Have a great day.

Disclosure: Michael Kramer And The Clients Of Mott Capital Own ACAD

Disclaimer: This article is my opinion and expresses my views. Those views can change at a moment's notice when the ...

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