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Good morning everyone welcome to pre-market news amused by in the money stocks today is Friday, July 15, 2016, my name is Nick Santiago thank you all for tuning in all right taking a look at the SP 500 mini futures this morning you're going to see that the futures are trading higher by three and a quarter points they've actually been up even a little more, but now they started to come in just a touch but nonetheless futures continue to ramp higher no matter what two pretty amazing moves when you think about it, we dealt with Briggs it 12 days ago and here the markets are making new all-time highs each and every day, so again we're going to watch this pretty closely, and we'll see what this market gives us today they are overbought these markets but somehow someway the magic wand keeps these markets levitating higher, so we're going to keep them on the on watch, and we'll see how it plays out but in the meantime we have lots of stocks in the news we're going to start off with the bank stocks today Wells Fargo is first WFC is the ticker symbol their stock right now is trading at forty-eight dollars and forty-nine cents it closed that forty-eight dollars and ninety-four cents you got a 50 cent down tick there in Wells Fargo you could check out the news for yourself they did report earnings you could read all about it, we couldn't care less about the earnings we only care about the price action on the charts, so Wells is trading down Citigroup another name that reported earnings stock is trading at $45 and four cents right now what you'll notice is that it closed up 4450 44 45, so that's trading up about 50 cents so again Wells Fargo down 50 cent Citigroup is up fifty cents what do we make out of it not much right now but there's a ton of resistance for Citigroup at around 45 dot 25 cents, so I don't expect a lot of upsides from here let's stick with the bank theme PNC Financial is next that stock is trading at 80 83 70, but there's no volume behind it, so we'll have to wait for the opening bell see where it plays out if the stock does rally up in a pretty good resistance around the $85 level more around 87 7180 771 would be best bet for a potential pull back or short trade intraday all right let's take a look here at USP US Ban corp right now this stock is trading at forty-one seventy-five closed at 4125, so it's up about fifty cents we see these 50 cent moves in the bank stocks either up or down again I'm seeing big resistance on USB around 42 dollars in 18 cents if it gets up there so keep that on watch, and again you could trade this and everything else alongside of us if you take a seven-day free trial to our intraday stock chat room get to see our desktops our charts live, and again you can see everything that we're doing we're having a sensational 2016 next up we want to talk about Herbalife looks like they settled with the FTC stock is trading at 6573 I don't think Bill Jackman is going to be happy about this there is a ton of resistance...
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