Friday, January 15, 2010

End of Week Review

Well Intel & JPMorgan reported and the market sold off. Everything was down this week and it appears that the markets were looking for a reason to take profits. Afterall since last March, those that had bought are now taking profits on a tax basis versus doing so back in December '09.

This video clip from Larry Kudlow tonight, which is about 15 minute in length, I found reflects how I feel about this market and the outlook in 2010. Itz Pix is weighted towards commodities and I believe is the sector that will perform.

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