The Morning Gameplan Jobs Day Edition...
Posted: 3/05/2010 08:51:00 AM |
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By: Scott Redler
The jobs number is out and sure enough we are gapping up. This gap takes us right into significant resistance at 1,130 on the S&P, with the next level checking in at 1,136 and MAJOR-MAJOR resistance at 1,144.
I am not sure if they will sell this news after a monster run since last Thursday. Watch the action of the market leaders closely--AAPL, AMZN, GS, X and FCX are some good starters. Instead of the sector rundown, I figure today is a good one to post the morning pricepoint sheet again, so click the link to download the Morning Gameplan, available everyday on T3Live.com.
The jobs number is out and sure enough we are gapping up. This gap takes us right into significant resistance at 1,130 on the S&P, with the next level checking in at 1,136 and MAJOR-MAJOR resistance at 1,144.
I am not sure if they will sell this news after a monster run since last Thursday. Watch the action of the market leaders closely--AAPL, AMZN, GS, X and FCX are some good starters. Instead of the sector rundown, I figure today is a good one to post the morning pricepoint sheet again, so click the link to download the Morning Gameplan, available everyday on T3Live.com.
| Labels: Market Analysis, morning gameplan, Scott Redler, Trade Ideas | |
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