OPTIONSMART MORNING UPDATE: Bouncing after upbeat Fed outlook
August 13th, 2009 at 7:11 am|
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OPTIONSMART MORNING UPDATE: Bouncing after upbeat Fed outlook |
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OUTLOOK: The
Fed reinforced what investors already knew. Large-cap
tech stocks garnered support following
better-than-expected earnings and strong guidance from
Applied Materials. July retail sales are due this morning
as well as the weekly jobless claims report, readings on
July import and export prices and June business
inventories. We believe the reports will stay in tune
with the recent data. U.S.futures point to a
higher open. European and Asian markets on the
rise.
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2. TRADING OPPORTUNITY: n/a |
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WITH OUR PARTNER
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to be published in Aug.
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