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.
- 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.
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
ReplyDelete