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In tonight's update, Vince covers:
$CSCO $AMZN $CAT $SBUX $SNAP $TSLA $FOXA
1) U.S. equities were trading significantly higher in early morning trading before posting one of their biggest reversals in the past two years. The Dow Jones Industrial Average gained 19.42 points, the S&P 500 fell 13.48 points while the Nasdaq 100 closed lower by 63.90 points and the Russell 2000 finished higher by 0.80 points.
2) In other areas of the market, it was the same thing we have seen all week. Bonds continue to drop causing rates to climb further. The 10-year Benchmark Bond hit a yield of 2.845 in late day trading. Gold and Crude Oil Futures lost even more ground today while the U.S. dollar continued to show strength.
3) TSLA held up pretty well earlier this week while the market was selling off and after market close today it may be about to get another boost from its latest earnings announcement. TSLA posted a smaller-than-expected loss and beat on revenue. The company also said they are on track to meet production goals for their model 3.
To watch video http://bit.ly/TradingWinsFeb072018
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