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Dennis Dick & Joel Elconin

Joel’s introduction to trading was in the Standard and Poor’s 500 Index futures pit at the Chicago Mercantile Exchange. Also, during his time at the CME, he was involved in Index Arbitrage as well...

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Benzinga's PreMarket Info Recap for June 14, 2013

Have you ever woken up to find that a stock in your portfolio made a dramatic move overnight? Are you interested in learning how to understand each day's post-market and pre-market moves?

Veteran traders Joel Elconin and Dennis Dick will give you all of the insights that you'll need to get in on the action before the opening bell.

Watch the video below to recap Tuesday morning's show.

Some Highlights:

·        S&P futures taking aim at major resistance forming around 1635.

·        Gold rallies off PPI data, yet to clear double top at 1394 level.

·        Crude testing major resistance in the mid 97's.

·        Restoration Hardware (NYSE: RH) beats by .02, but rallies nearly 8 points on upbeat guidance.

·        Deutsche Bank gave Groupon (NASDAQ: GRPN) a boost with $10 price target.

·        Credit-Suisse upped price target on Solar City (NASDAQ: SCTY) from $28 to $52, a bold call in the volatile solar sector.

 

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Tags: Credit Suisse Crude Oil Deutsche Bank

Posted in: News Technicals Hot Pre-Market Outlook Trading Ideas