Tuesday, August 17, 2010

Market Recap: DJIA Snaps Losing Streak with 103-Point Gain

Market Recap: DJIA Snaps Losing Streak with 103-Point Gain

Sick today and feel tired.

As expected , yesterday's magic number "5" worked, just joke, But several reversal signal hints today's gap up. Besides, Walmart and Home Depot's Earning will not be that bad accordingly. So my guess proved to be valid and today it had gapped up widely.

Just briefed the market recap and estimated for tomorrow:

uptrend still, may open low an close green.

Keep watching for position for put options or I will just in cash. Don't forget this is OE week and today's up momentum is too strong.

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