In Today's Update:
1) U.S. equities end the day mostly lower after a choppy session with higher-than-average volume. The Dow Jones Industrial Average dropped 56.21 points, the S&P 500 fell 4.09 points while the Nasdaq 100 closed higher by 2.07 points and the Russell 2000 finished lower by 7.65 points.
2) U.S. Crude Oil Futures traded slightly higher as Iran's oil exports fall and Gold Futures edged higher by $4.60 or 0.39%. The Bond market rallied today and the yield on the 10-year treasury note dropped back to 3.204%.
3) Shares of Starbucks (SBUX) rose more than 2% today after it was revealed that activist investor bill Ackman's fund, Pershing Square Capital has purchased a $900 million stake in the company. The million-dollar question is, will SBUX continue to climb? In today's video, we will review the daily, weekly, and monthly charts and reveal the key levels to watch for the next breakout.