TSBTV#138 - Market View 7-11-2010
Posted on: July 11, 2010
A holiday-shortened trading week didn’t stop the indexes from making good progress last week as the market recovered what was lost in the previous week of nonstop selling.
The question that remains, however, is whether a low has been put in. We’ll have to wait for an answer on that front, but for now, a bounce is underway and the buyers are finally fighting back. With earnings season kicking off and option expiration this week, it should be an interesting one.
Here in Episode 138, we’ll examine the NAZ, S&P 500, and DJIA and discuss some important levels to monitor going forward. Hope you find it helpful!
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Jeff White
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