Wednesday's Premarket Analysis is Ready
Hyper Growth Stock <support@hypergrowthstock.com>
date: Wed, Jul 21, 2010 at 7:02 AM
It was an interesting day in the marketplace. Disappointing
earnings reports Monday evening created some selling
pressure Tuesday morning in the Dow Jones Industrial
Average. However the bulls were able to fight back. Not
only did they hold the 10,000 area but they were able to
push the market into positive territory.
This price action is a good sign that optimism is returning
to the marketplace. However there is still a lot of fear to
work through so we are expecting to see choppy trading in
the near-term.
We have also added LEHMQ to our watch-list. The recent
sell-off looks a little overdone and investors are starting
to take advantage of lower prices. A break of $0.07 on
strong volume would be very bullish for higher prices in
the near-term.
You can read our full pre-market analysis at:
http://www.hypergrowthstock.com/2010/07/20/pre-market-analysis-for-wednesday-july-21
Have a Great Trading day!
Your Hyper Growth Stock Team |
