Hello everyone. Happy Monday--if you are short. Still, we were waiting for this shoe to drop, after the spectacular run in the last two weeks. 1200 and 1194 support on SP500 daily chart. FXE clinging to 137.13, with news out of Europe turning negative again.
AFFY ....... A potential bullish pattern is developing on the daily chart of Affymax. Keep an eye for a possible breakout.
The mighty AAPL hanging tough near 420 at prior resistance, helping to keep the Nas100 from falling. We have a lot of financial earnings reports coming out this week, WFC and C reported this morning. WFC down, C up. iBM reports tonight. This may play out to be a very choppy week, as we not only have financial and some tech earnings, it is also options expiration week. It may be wise to keep our learning experiences as paper trades--at least in most cases.
recommend to buy BANR tomorrow at open? I don't really like buying stocks I haven't' heard much about, though.