US market: next week is the key to bull (7/17/09)
(2009-07-17 17:33:10)
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We all know that market has been going up the whole week as the earning season unraveled. S&P is still facing the strong resistance around 950~960. Next week's ERs will be fast and furious with some heavy-weight tech companies: TXN, AAPL, YHOO, QCOM, MSFT... Two financial companies will release ERs too: AXP & WFC. Hope they'll provide more reinforcement for the bull and break the resistance. My long positions are now at 90%. Way to go, baby bull...