Pre Market OCT 4, 2024

pre market

October 04, 2024

Things are “perky” here in the Pre Market today… Have you ever played baseball? If you did even as a kid you already know that it’s known for it’s “superstitions.” Hockey is a close 2nd, but baseball, wow. Things like if you are on a winning streak it must be your “lucky socks”, so players won’t change them until the streak is over. I’m just getting warmed up on this one.

I mention that because with all the green here in the Pre Market today AMZN is already up over 2.30% … I’ve shared many times here at theoptionscoach.net that AMZN is not a Pre Market mover, never has been… Last time is was up over 2% in the Pre Market it closed down over 4% on the day, uhhgggg..

Jobs report came in better than expected
The Dock Worker strike is now over
Oil stocks are rising

Tuesday morning we alerted you to oil and mentioned USO as one to consider. It’s now up 8% since then.

S+P 500 Support is now at 5,710…… That doesn’t suck
Time to grind

The Options Coach

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