SMB Morning Rundown – April 13, 2010

smbcapitalTrading IdeasLeave a Comment

Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 120.00(res) and 119.60(sup). Below 119.60, the next support levels are 119.35 and 119.00.

Our best AM Idea for today, which we highlighted in our AM Meeting is to short RIMM on pop close to 71.00. Tgts: 70.20, 69.60.

Don’t forget to follow us on Twitter!

Leave a Reply