SLAR250

Thursday Outlook: Commodities, Emerging Markets

Charts tell it all, and they are all very similar. Relative strength numbers(sub 30) and MACD lines( below zero and diverging) show we are poised for the bounce. Option flow indicates MER next shoe to drop in the financials, look out below and take cover!!!

Friday Outlook: Financials' Time to Shine?

Dave...what do you think of XAL? Have we hit the bottom with Oil prices appear to be at the top of the RSI range and MACD looking to crossover. DAL/NWA has not been a catalyst for improved price action and talks of more mergers on the horizon have not put a ray of sunshine on this group. I almost tested the waters on Weds but could not pull the trigger.