SMB Morning Rundown – January 19, 2010

smbcapitalTrading IdeasLeave a Comment

Today, the Market appears set to open slightly lower. The levels we are watching in the SPY are 113.70(inflection point) and 114.30(res). Below 113.70, the next support level is 113.20. Above 114.30, the next resistance level is 115.

Our best AM Idea for today, which we highlighted in our AM Meeting is to buy AMZN at 126. Tgt: 128.

Don’t forget to follow us on Twitter!

Leave a Reply