Tuesday, July 14, 2009

PreMarket Review 07/14/09


The overnight range is 899.75 to 893.50. 900 is resistance and strong support is 884.50.
Goldman Sachs reports earnings before the opening bell. The market is anticipating good news from Goldman, and most of that news should be built into the market already. PPI and Retail Sales at 0830 ET, and Business Inventories at 1000 ET.
Charles
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3 comments:

  1. AnonymousJuly 14, 2009 at 11:16 AM

    traded so far both sides in the ES and sold sep ES 920c for 11 points profit plus short some july 910C @5.75

    ReplyDelete
  2. AnonymousJuly 14, 2009 at 11:24 AM

    I am scaling back into my longs in EEV and QID
    but still hold some powder for another squeeze attempt towards 910/15

    ReplyDelete
  3. AnonymousJuly 14, 2009 at 11:29 AM

    I sold XOM @ 66.05 for 1.10 points

    ReplyDelete

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