SMB Morning Rundown – January 11, 2010

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Today, the Market appears set to open higher. The levels we are watching in the SPY are 114.50(sup) and 115.12(res). Below 114.50 the next support level is 114.30. Above 115.12, we could see upside to 115.90. Our best AM Idea for today, which we highlighted in our AM Meeting is to buy YGE if it holds above 18.60. Tgt: 19.70 … Read More

SMB Morning Rundown for January 7, 2010

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Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 113.50 (inflection point), 113.15(sup) and 114.00(res). Our best AM Idea for today, which we highlighted in our AM Meeting is to buy BBBY as long as it holding above 42.00. Tgt 43.00. However, if it starts holding below 42.00, we will flip … Read More