Morning Notes- Futures fall on Oil worries, Fed rate hike talk!

Hello Everyone,

Futures falling this morning suggest a rough start for Wall Street amid speculation that the Fed may be closer to raising rates.

Oil prices were rebounding from 5 year lows early this morning even though lower prices may be coming.

VIX  9%    ABOVE   10 ma     RSI  66.11   NEUTRAL

MARKET Trend:    UPTREND

Put/Call ratio   .62             Above 1.20 Bullish, Below .40 bearish.

Redbook 8:55 am

Wholesale Trade 10:00 am

Earnings out today: AZO,ENZ,KKD

Dow Futures:  -154 pts       Oil:  63.57  +.52

Have a great trading day.

Posted to Stock & Option Scout on Dec 09, 2014 — 8:12 AM

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