SMB Morning Rundown – December 17, 2010

smbcapitalTrading IdeasLeave a Comment

Today, the Market appears set to open flat. The levels we are watching in the SPY (adjusted for the dividend) are 125.15 (psychological), 124.50, and 124.25 (resistance) 123.35 and 123.15 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is get long V holding above 69.00 with a target of 71.50 – 72.00.

Don’t forget to follow us on Twitter.

Leave a Reply