SMB Morning Rundown – June 1, 2010

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Today, the Market appears set to open lower. The levels we are watching in the SPY are 109(Res) and 106.7(Sup). Above 109, the next resistance level we’re looking at is 110.25.

Our best AM Idea for today, which we highlighted in our AM Meeting is to get long AAPL for a multipoint up move if it can hold above 260.

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