Sunday, July 19, 2009

Get Ready for Round 2 of Earnings Reports



Was last weeks 7.44% [most in last 10 years] move just shortcovering? We have alot of companies reporting this week starting with HAL on Monday, AAPL on Tuesday...finsihing up with MSFT Thursday & SLB on Friday. My pivot day will be Tuesday with Apple reporting plus Benanke's testimony to the House of Reps.& then Wednesday in front of the Senate.
I'm looking for several "BREAKOUTS"...keep focused and get ready to take profits on any breaks below support.

*Click on chart to expand image




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