Morning Notes- GDP data out today, expands by 3.5%!

Hello Everyone,

USA GDP climbed by  a 3.5%  annual pace in the third quarter helped by a surge in exports and a increase in military spending the government said today. Economists expected 3% seasonally adjusted.

VIX  11%   BELOW 10 ma      RSI   34.56    SELL

MARKET Trend:      UPTREND

Put/Call ratio .72         Above 1.20 Bullish, Below .40 bearish.


USA Initial Jobless Claims for Oct 25 287.0K vs 285.0K

Earnings out today: CAH,SBUX,ABC,COP

Dow Futures:      -36 points        Oil  81.50    -.70

Have a great trading day.

Posted to Stock & Option Scout on Oct 30, 2014 — 8:10 AM

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