US Stock Futures Signal Lower Start On Wall Street


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Pre-open moversUS stock futures traded lower in early pre-market trade. The consumer price index for March will be released at 8:30 a.m. ET, while the University of Michigan's consumer sentiment index for April and the Conference Board's index of leading indicators for March will be released at 10:00 a.m. ET. Futures for the Dow Jones Industrial Average tumbled 164.50 points to 17,876.50, while the Standard & Poor's 500 index futures fell 17.80 points to 2,082.95. Futures for the Nasdaq 100 index slipped 50.95 points to 4,364.30.

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A Peek Into Global Markets European markets were lower today, with the Spanish Ibex Index dropping 1.56 percent, STOXX Europe 600 Index falling 1.01 percent and German DAX 30 index dropping 1.23 percent. French CAC 40 Index slipped 0.92 percent and London's FTSE 100 Index fell 0.23 percent.In Asian markets, Japan's Nikkei Stock Average fell 1.17 percent, China's Shanghai Composite Index gained 2.20 percent, Hong Kong's Hang Seng Index fell 0.31 percent and India's BSE Sensex dipped 0.78 percent.Broker RecommendationAnalysts at Keefe Bruyette & Woods downgraded Goldman Sachs Group Inc (NYSE: GS) from Outperform to Market Perform. The price target for Goldman Sachs has been raised from $195 to $210. Goldman Sachs shares closed at $200.21 yesterday.Breaking news
  • Reynolds American, Inc. (NYSE: RAI) reported upbeat results for the first quarter on Friday. To read the full news, click here.
  • General Electric Company (NYSE: GE) reported better-than-expected earnings for the first quarter, but the company's revenue missed analysts' expectations. To read the full news, click here.
  • Atmel Corporation (NASDAQ: ATML) today announced the sale of XSense touch sensor assets to UniPixel, Inc. (NASDAQ: UNXL). To read the full news, click here.
  • Honeywell International Inc. (NYSE: HON) reported stronger-than-expected earnings for the first quarter on Friday. However, the company reported downbeat quarterly sales and lowered its sales outlook for the year. To read the full news, click here.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Posted In: NewsEurozoneFuturesGlobalPre-Market OutlookMarketsKeefe Bruyette & WoodsUS Stock Futures