BAC and C has posted profit, while GS posted loss. WFC missed the estimated. The cloud for banking is clear at this time. The banking stocks should rally for now.
VXX is still high at 45.66 so its not time to hold the stock for long time. The market is still behaving weirdly, HAL, IBM, WFC earning were better then what was expected but the stocks sold off.
At this time, its time to buy HAL, WFC, NFLX and GS.
The level to watch on HAL is 34.95 if it breaks then its bullish, for WFC its 25.76, NFLX 122.60 and GS which is most important watch out for 105.50 for bullish sign.
VXX is still high at 45.66 so its not time to hold the stock for long time. The market is still behaving weirdly, HAL, IBM, WFC earning were better then what was expected but the stocks sold off.
At this time, its time to buy HAL, WFC, NFLX and GS.
The level to watch on HAL is 34.95 if it breaks then its bullish, for WFC its 25.76, NFLX 122.60 and GS which is most important watch out for 105.50 for bullish sign.
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