Tuesday, July 19, 2011

ES Trades Past 1300 Resistance

Better than expected IBM earnings helped lift the overnight market well past the 1300 level. Major bank earnings will be reported today, including BAC, BK, BCSB, STBC, WFC and a few other banks. Let's see if bank earnings can lift the S&P 500 Index past its 50 and 100 day moving averages.


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