Fear The Future Radio

Futures slightly higher this morning close to mixed. Solars continue to see good earnings reports but I’m getting a feeling that the markets may be getting poised to sell off a bit. Watch the indexes today to see the action. I said yesterday 141 in spy, 129 in DIA, and 49.50 in the Q’s all of which look like if breached today we could see some downside action today and tomorrow. Keep a close eye on them.

What we’re watching today:

SINA – had a great earnings but has been running the past few days. If it dips to the 57 range it might be worth a try keep a tight stop just under 57, but if it runs it may get into the 63 range.

Keep a close watch on things today!