Wednesday, August 5, 2009

Trading Plan for Thursday (August 6, 2009)

Have to say that there was a huge rally in the financials and I can see that there is more upside for this sector.

There seems to be some loss of momentum in the inflation trade, so I will only be watching this sector from a distance. In the meantime ...certain stocks in the tech sector are pulling back, names like FSLR, QCOM, AMZN....so will be wise to put this in your radar.


AMZN might probably stay close to 85, we shall see

PG could be a buy soon, watching this closely as well

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