INO’s Analysis & Commentary
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INO.com’s Daily Market Analysis
It’s free, informative, and will help you prepare and plan for the next trading day, while getting a jump on changing market conditions.
This free resource will deliver our popular morning and evening analysis reports directly to your inbox. Over 200K traders are using this analysis to prepare and plan for the next trading day, while getting a jump on changing market conditions. This analysis is a great tool for traders of all types and includes analysis of stock, futures, commodities, ETFs, foreign exchange, indexes, bonds and interest rates.
Key Events for the Day (Earnings, Reports, Initial Claims, and Filings)
8:30 AM U.S. Weekly Export Sales
9:00 AM March U.S. Monthly House Price Index
Technical Set-Ups & Resistance Levels
“Heating oil was lower overnight as it extends this week’s decline. Stochastics and the RSI are bearish signaling that sideways to lower prices are possible near-term. If it extends this week’s decline, last Wednesday’s low crossing at $$$ is the next downside target. Closes above the 10-day moving average crossing at $$$ is the next upside target. First resistance is the ten-day moving average crossing at $$$$…”
Sector Analysis
“June gold was lower overnight as it extends the trading range of the past six days. The low-range close sets the stage for a steady to lower opening when
the day session begins trading.”
Covers: Stocks & Indexes, Interest Rates, Energy Markets, Currencies, Precious Metals, Food & Fiber, Grains, Soybeans, and Livestock.
Major Market Movement Recap
Top Futures
| # | symbol | name | last | net | % | vol | score | triangles |
|---|---|---|---|---|---|---|---|---|
| 1. | CL.Q22 | CRUDE OIL Aug 2022 | 110.77 | -0.66 | -0.59% | 9,768 | +100 |    |
| 2. | QM.N22 | CRUDE OIL (E-MINI) Jul 2022 | 113.650 | -0.625 | -0.55% | 7,351 | +100 | |
| 3. | CL.Z22 | CRUDE OIL Dec 2022 | 100.40 | -1.17 | -1.15% | 7,274 | +100 | |
| 4. | NQT.M22 | NASDAQ 100 INDEX BTIC (E-MINI) Jun 2022 | 2.50 | -0.50 | -20.00% | 6,277 | +100 | |
| 5. | BZ.Q22 | CRUDE OIL BRENT LAST DAY Aug 2022 | 113.76 | -0.67 | -0.59% | 4,026 | +100 | |
| 6. | HH.V22 | HENRY HUB FINANCIAL LAST DAY Oct 2022 | 8.802 | +0.012 | +0.13% | 2,915 | +100 | |
| 7. | CL.V22 | CRUDE OIL Oct 2022 | 104.92 | -0.95 | -0.90% | 2,221 | +100 | |
Top Stocks
| # | symbol | name | last | net | % | vol | score | triangles |
|---|---|---|---|---|---|---|---|---|
| 1. | RDBX | Redbox Entertainment Inc. - Class A | 7.53 | +0.76 | +10.07% | 68,973,982 | +90 | |
| 2. | SWN | Southwestern Energy Co | 8.790 | +0.410 | +4.66% | 46,086,454 | +90 | |
| 3. | PFE | Pfizer, Inc. | 54.02 | +0.31 | +0.57% | 17,784,690 | +90 | |
| 4. | GGB | Gerdau S.A. | 6.10 | +0.13 | +2.13% | 16,817,261 | +100 | |
| 5. | SLB | Schlumberger N.V. | 46.700 | +1.650 | +3.53% | 14,542,629 | +90 | |
| 6. | KMI | Kinder Morgan | 19.63 | +0.24 | +1.22% | 11,286,089 | +100 | |
| 7. | BMY | Bristol-Myers Squibb Co | 77.610 | +0.370 | +0.48% | 9,590,583 | +90 | |