SMB Morning Rundown for July 21, 2011

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Yesterday earning season continued as stocks reacted in a mixed manner. Looking for market to hold the 133.00 key support level for a push higher for the follow-through from the action on yesterday and Tuesday. Our attention will be focused on PEP, LVS, STX, and RVBD.

Our morning idea is RVBD as we’re looking for a continuation as it needs to hold the key level at 32.50.

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