Trading Now

Trading Now

Friday, July 1, 2011

Market Ready

Earnings start with GS on July 17th. The banks are not likely to have alot of revenue so don't expect any long term plays but you could go long golds banks and oil stocks. Tech has been in the lead for this past quarter but I'm not hopeful for the next. One just needs to look at RIMMs thrashing and the overpriced IBM to see that IWM is likely to rally and then pull back. Alot.

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