Thursday, July 19, 2007

Market Update

The broad market is doing nicely so far today. Financials continue to be a laggard but many of the other sectors are doing well. The volatility index is way down (bullish) and many of the RebelTrader open swing trades are collecting more gains today.this morning I took an entry on NHWK as it met the buy criteria I established in the watch list. That stock is performing very well and is up over 7% on the day.

Microsoft (MSFT) is the next big company to report earnings. After the market closes today watch for MSFT earnings to be released.

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