World markets are mostly green overnight as Europe is up small and Asia is quickly bouncing back from last week’s weakness. The Shanghai went from red to green and Japan’s Nikkei finished up 2.2% to pare some of last week’s losses.
The grind continues as last week the S&P closed at another all-time high. This seems like the most uncelebrated all-time high ever. S&P futures are up 3-4 handles opening above last week’s high of 1759 – use that as your pivot. Under that you have 1752 then last week’s pivot low of 1740-1742.
We have another week of earnings on tap this week. Last week markets closed relatively strong on the back of Amazon.com, Inc.(NASDAQ:AMZN) and Microsoft Corporation(NASDAQ:MSFT) earnings. Today we have Apple Inc.(NASDAQ:AAPL), Seagate Technology PLC(NASDAQ:STX) and