The SPY

Friday's reversal came late in the day on a summer afternoon and is therefore suspect to games being played by just a few players.  Nevertheless we must respect price action, which on the margin speaks for further upside.  I'm currently targeting 114 on the SPY  

JP Morgan And Cisco Continue Looking Good

As discussed the last two weeks JPMorgan continues to look good for further upside.   Today it put in further solid performance and I am taking 2/3 profits.  Further in the 'winner winner chicken dinner' camp is CSCO.  I opened an initial position in CSCO early last week and added some today.   My first […]

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