Sunday, November 7, 2010

Go Long SNE, Short FXE

Futures are holding steady ahead of the employment report. I don’t think the market will be as forgiving to investors today if the report misses as bad as yesterday’s jobless claims did. With your trades today, you’ll want to be very nimble and patient with entries. It definitely isn’t a time to suddenly get aggressive to the short side, as the bulls have complete control of this market. And as for going long on stocks, you may want to let this market come back down to earth some after yesterday’s huge rally . Long: Sony Corporation (NYSE: SNE ) Short: CurrencyShares Euro Trust (NYSE: FXE ) The SharePlanner Swing-Trading System is a proven trading strategy that has outpaced all the major indices with an 8-year return of over 1,010%. This year alone it is up 29%, with 64% of the stock picks being winners. It's an easy trading system that requires very little effort after you buy the stock and great for those who can't watch the market all the time! Find out more by visiting SharePlanner.com .
tdp2664
gol2664
InvestorPlace



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...