May 21 Premarket movers
| Stock | Movement | Reason | Our Comments |
| FB | Up slightly. | 38 tractor beam still holding stock down. | Will the underwriters be able to hold 38? That is the big question. Support/Resistance numbers for FB on S&P Numbers page (bottom of page).
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| BLK | Down 4 points. | Secondary offering. | Secondary prices often act like a magnet for stock. Longer-term traders – this stock has Major support in 150 area.
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| CPB | Down 60 cents. | Earnings. | Could see some initial support in 33 area, better support in 32.55 area.
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| DB, ING, BCS, RBS | Up 1-2% | Euro-banks slight bounce. | Bouncing a bit in premarket, but charts still look terrible. Keep an eye on Euro-banks when trading US financials (we are not decoupled).
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| LOW | Down $1.20 | Earnings. | Ugly morning for LOW, trading near premarket low. HD down a bit in sympathy.
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| YHOO | Up 75 cents. | Reaches agreement with Alibaba. Increases share buyback. | Initial resistance in 16.50 area, and Major resistance at 52 week high of 16.99.
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* Listen to Premarket Stock Talk at 8:45 ET for more market movers.
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