Monday, July 16, 2007

Trading plan for 7/16

Markets are turning higher after a lower opening today. The market is expecting a lot of earning numbers today from big firms. These earning reports could be the next boost the market needs to trade higher. The system remains bullish.

It appears that NTGR is attempting to break out today as I'm writing this it's trading over $40 a share on heavy volume. I have the following option trade for today:

Buy NTGR $40 call at 2.20 or better.

1 comment:

Anonymous said...

Cool blof, please update it more often