Market Lab Report - Premarket Pulse 6/4/15
Nevertheless, the market remains in a sideways quagmire, and futures are down more than 0.5% at the time of this writing due to rising bond yields in Europe as the ECB lifted its eurozone inflation forecast to 0.3%, from 0% expected previously. Overnight the China Shanghai Index went on a wild ride, selling off -5.4% before reversing sharply to close up 0.8% on the session.
Hardware/software security company Vasco Data Security (VDSI) had a pocket pivot breakout yesterday. Earnings and sales are soaring, pretax margin 22.7%, group rank 8.
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