Monday, December 7, 2009

Intraday View

Research In Motion is trading higher today after the BlackBerry maker announced a distribution deal with Digital China. Also for those who follow my blog, in the energy sector the driller or the OIH index is signaling BUY! Looking at the ITZ PIX portfolio commodity stocks are down, although higher than their earlier intraday lows after Bernanke's speech @ Economic Club of DC. Apple is flirting with the $190 level, having dropped below intraday, those trading should sell on a close below $190. Or consider an option strategy, perhaps a collar?
*click on chart to expand image

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