SMB Morning Rundown – May 2, 2011

smbcapitalTrading IdeasLeave a Comment

Today, the Market appears set to open higher. The levels we are watching in the SPY are 137.25 and 137.45 (resistance) and 136.80 and 136.00 (support).

Our best AM Idea for today, which we highlighted in our AM Meeting is to use 11.50 as an inflection in TIVO, short holding below and long holding above.

Don’t forget to follow us on Twitter.

Leave a Reply