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Post Market Analysis, Thursday October 15: Strong Finish

October 15th, 2009 Leave a comment Go to comments

Hello Traders!

If you missed my Halftime Report, then you missed my accurate prediction of the close. We opened lower this morning on weak earnings reports from Goldman Sachs (GS) and Citigroup (C). Jobless Claims and CPI beat expectations by a smidgen and helped support the move higher in the markets.

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Keep an eye on the Consumer Sentiment report at 9:55am tomorrow. That could stir things up a bit. Remember to always trade with a stop loss and manage your risk appropriately. Capital preservation comes before profits.

Thanks for being part of Swing-High.com!

Happy Trading,
Jason

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