Market Lab Report - Premarket Pulse 7/20/16

Published : July 20 2016 at 9:24 ET

Major averages fell yesterday on mixed volume except for the Dow which was slightly higher and is poised for a seventh straight gain as it traded in record territory.

Futures are up on strong earnings from Microsoft (MSFT). In addition, European markets are up overnight as Brexit has not stopped European bourses from trading near one-month highs.

Financial specialty company Transunion (TRU) posted a pocket pivot off of its 10-day moving average, earnings are strongly accelerating, pre-tax margins are 20%, institutional sponsorship has grown since the company came public four quarters ago, group rank 84. TRU gapped higher on its prior two earnings reports and is expected to announce earnings next Tuesday.

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