Watch List For April 3rd

Good Morning,

The major indices were all green yesterday over some enthusiasm around oil and a potential to see some oil production cuts out of Russia and Saudi Arabia. This morning we had the non farm payrolls report, and the numbers were quite simply pretty awful. Despite that, we are up slightly in the premarket, and I will be very patient to let the market settle in this morning. It is also important to note that we have some other key economic reports this morning with the PMI services #'s coming at 9:45 am ET and the ISM Non-MFG Index coming at 10 am ET. Last but not least we have the President holding a meeting with oil company executives at 3 PM this afternoon. I don't know if we will see any news out of this before the close, but I certainly want to be aware of this. I will likely be mostly focused on day trades today, but I will be watching AAPL, FB, NFLX, and TSLA for potential swing setups to the short side and CLX, APT, LAKE, NEM, KL, and GLD for potential swing setups to the long side.

About Traders Path