Friday's Premarket Analysis is Ready
Hyper Growth Stock <support@hypergrowthstock.com>
date: Fri, Jul 9, 2010 at 7:03 AM
The bulls were able to hold the 10,000 area of the Dow Jones
Industrial Average, which is very positive but the gains
still remain fragile. Because it's summer time, volume is
relatively low and as we have pointed out, there is not a
lot of institutional buying. When the big players come back
from vacation, this market sentiment could change very
quickly.
The sell-off in gold and the rally in oil prices are good
indications that the fear sentiment which has dominated the
marketplace is starting to fade.
With this improved market sentiment, we are starting to see
some decent gains in our recent picks.
Our latest picks are definitely off to a great start. BLGW
tested resistance at $0.15 and although it closed below its
opening price, it managed to hold on to most of its gains
from the morning. If volume improves, we would expect to see
resistance break.
You can read our full premarket analysis at:
http://www.hypergrowthstock.com/2010/07/08/friday-july-9-premarket-analysis
Have a Great Trading Day!
Your Hyper Growth Stock Team. |
