XHB has dropped 2.5% in the pre-market after LEN reports the worst earnings in 53 years according to Bloomberg.
Futures indicate that the market is opening down, pressured by TGT news and LEN numbers. Consumer confidence and existing homes sales data comes out at 10am. This will probably help keep pressure on the market.
Expecting downward pressure throughout the morning, but market may bounce in the afternoon. Or not.
Pre-Market Movers on Volume
SPY -.57%
QQQQ -.38%
GLD -.55%
IWM -.90%
DIA -.39%
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