Getting some sell signals again but the anaemic volume makes me less aggressive to take it. Alcoa had a 56 cent loss per share but it was less than the 59 that the street expected so we will see how the markets react to it tomorrow.
I will be late tomorrow as I have a doctor's appointment in the morning for this darn sinuses suffering, I am running on empty so they better give me something to juice me up :)
Very narrow range today again and most traders I have spoken to think no one is willing to commit right here, if we can stay up here could be positive but any big misses on earning and we will spiral down.
Watch todays lows on the S&P 810.75, it might prove critical tomorrow.
I am basically neutral here into Thursday.
Will be back lunch tomorrow.
WRC and SRS look like two nice plays here.
MARKETJEDI
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- Charlotte, NC, United States
- Bring real information to the average person about the Financial markets. I am a technical trader that uses alot of technical tools such as Fibonacci, Bollinger Bands, MACD, TRINS, VIX to read the markets
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