The market is expected to open lower and remain flat throughout the day. This week is very critical with lots of economic data coming out. On wednesday manufacturing Index will be released at 10 EST. On Thrusday, ECB announcement at 7.45EST, Jobless claim at 8.30 EST, Pending home sale at 10 EST., Friday employment situation at 8.30 EST. I am expecting mostly negative data this week.
My strategy would be buying FAZ sometime today or tommorow and hold it till friday and then buy back ERX, FAS later friday and hold it september 8th.
The other stocks to watch out are COGT, SAI, TSRX, MRX, TNAV, GENZ
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