US stock futures (S&P Futures) dropped 12 points as global stocks fall due to concerns over tighter Chinese monetary policy
S&P Futures is trying to rebound @ 1738, 1740
US economic reports were worse than expected & might provide some resistance
Boeing raised future earnings expectations as Q3 profit jumps
Stock is up from 122.48 to 125.99 then 126.46 (price still moving during pre-market)
Possible support @ 126
Caterpillar Inc. (CAT), the world’s biggest maker of construction and mining equipment reported weak earnings that missed expectations & cuts forecasts as mining equipment orders drop
Stock is down from 89.17 to 85.00 then 84.62
Possible resistance @ 85.00
Eli Lilly and Co reported better than expected earnings & slightly raised future expectations
Stock is up from 50.15 to 50.75
Apple's possible support @ 520, current price: 519.10, look to buy Apple if support is strong
Netflix's possible resistance @ 320, current price: 317.01
It might try to rebound because of being oversold, look to sell Netflix @ 320 if it fails
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