• 	OPTIONSMART MORNING UPDATE: More upside seen
  1. OUTLOOK:  Intel was able to push the tech sector 4.2% higher. Perhaps more importantly, Intel encouraged buying in the broader market. Market players will likely be looking for encouraging guidance from major companies. Optimistic forecasts would complement economic reports that suggest economic conditions are improving. The rally intensified after the Federal Reserve said that the end of the recession might be on the horizon. Google and IBM will report earnings after the close today.
  2. TRADING OPPORTUNITY: n/a
  3. OUR FREE MONTHLY TRADING RECOMMENDATION AUTO-TRADABLE WITH OUR PARTNER BROKERAGES: to be published in August.
  4. WISDOM NUGGETS: Diversification is a protection against ignorance. It makes little sense for those who know what they're doing. Warren Buffett.
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  July 16th, 2009 at 8:58 am

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