- MSFT and AMZN might move the market a bit but I don't think earnings matter at this point unless they are really bad. Good earnings is most priced in.
- Everyone knows Bernanke will get the nod, so the news will be anti-climactic, and possible sell on the news.
- I am hearing that the GDP number will come out strong tomorrow. Expectations seem to be high for this. That's not good.
Thursday, January 28, 2010
MSFT, AMZN, Bernanke, GDP
That is the lineup for this afternoon and tomorrow morning. I think most traders are leaning long on all 4 of those items, i.e., they think the outcome for each of those events will lead the market higher.
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1 comment:
Seriously man, if we can push to 1100 I will be happy. That will decrease the loss and I learned my lesson this time. The bull is dead, and I'm gonna short shit now or stop being greedy when long
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