Monday, October 11, 2010

Earnings Coming

This week earnings are going to distract from the QE2 talk, and that should bring some strength to the dollar and weakness to stocks and commodities.  I think INTC will drop a bomb on Tuesday afternoon and then from Wednesday we'll have some profit taking.  We may squeeze a bit higher today, 1170 should put a cap on any upmoves. 

1 comment:

Petsamo said...

Nice call on 1170, Owl!