INO’s Analysis & Commentary
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INO.com’s Daily Market Analysis
It’s free, informative, and will help you prepare and plan for the next trading day, while getting a jump on changing market conditions.
This free resource will deliver our popular morning and evening analysis reports directly to your inbox. Over 200K traders are using this analysis to prepare and plan for the next trading day, while getting a jump on changing market conditions. This analysis is a great tool for traders of all types and includes analysis of stock, futures, commodities, ETFs, foreign exchange, indexes, bonds and interest rates.
Key Events for the Day (Earnings, Reports, Initial Claims, and Filings)
8:30 AM U.S. Weekly Export Sales
9:00 AM March U.S. Monthly House Price Index
Technical Set-Ups & Resistance Levels
“Heating oil was lower overnight as it extends this week’s decline. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If it extends this week’s decline, last Wednesday’s low crossing at $$$ is the next downside target. Closes above the 10-day moving average crossing at $$$ is the next upside target. First resistance is the ten-day moving average crossing at $$$$…”
Sector Analysis
“June gold was lower overnight as it extends the trading range of the past six days. The low-range close sets the stage for a steady to lower opening when
the day session begins trading.”
Covers: Stocks & Indexes, Interest Rates, Energy Markets, Currencies, Precious Metals, Food & Fiber, Grains, Soybeans, and Livestock.
Major Market Movement Recap
Top Futures
| # | symbol | name | last | net | % | vol | score | triangles |
|---|---|---|---|---|---|---|---|---|
| 1. | ZF.M23 | 5 YEAR T-NOTES Jun 2023 | 109.726563 | +0.085938 | +0.08% | 48,241 | +85 |    |
| 2. | MNQ.M23 | MICRO E-MINI NASDAQ-100 INDEX Jun 2023 | 12806.75 | -7.75 | -0.06% | 36,823 | +90 |  |
| 3. | @CC.K23 | COCOA MAY 2023 | 2907 | +23 | +0.80% | 28,448 | +100 | |
| 4. | @CC.N23 | COCOA JULY 2023 | 2866 | +32 | +1.13% | 17,978 | +100 | |
| 5. | NQ.M23 | NASDAQ 100 INDEX (E-MINI) Jun 2023 | 12806.75 | -7.50 | -0.06% | 16,665 | +100 | |
| 6. | ZQ.J23 | 30 DAY FED FUND Apr 2023 | 95.185 | +0.005 | +0.01% | 9,691 | +85 | |
| 7. | SR3.J23 | 3 MONTH SOFR Apr 2023 | 95.0875 | +0.0200 | +0.02% | 6,785 | +100 | |
Top Stocks
| # | symbol | name | last | net | % | vol | score | triangles |
|---|---|---|---|---|---|---|---|---|
| 1. | AAPL | Apple Inc. | 157.98 | -2.27 | -1.42% | 42,390,818 | +90 | |
| 2. | SGFY | Signify Health, Inc. Class A | 30.475 | +1.665 | +5.78% | 37,463,648 | +100 | |
| 3. | MSFT | Microsoft | 275.7900 | -4.7800 | -1.70% | 22,135,293 | +90 | |
| 4. | PINS | Pinterest, Inc. Class A | 28.045 | +0.575 | +2.09% | 15,480,970 | +90 | |
| 5. | SHOP | Shopify Inc. Class A Subordinate Voting Shares | 45.04 | +0.06 | +0.13% | 10,415,025 | +100 | |
| 6. | BTG | B2Gold Corp Common shares (Canada) | 3.885 | +0.095 | +2.51% | 9,869,176 | +100 | |
| 7. | AUY | Yamana Gold Inc. Ordinary Shares (Canada) | 5.86 | -0.01 | -0.17% | 8,921,523 | +100 | |