Wednesday 18 January 2012

US Financial Sector seems so Strong still

Dear Friends,

After Friday JP Morgan (JPM) earnings miss and today's Citigroup (C) earnings miss, I am very surprised that the Financial Sector in US remains so strong. It proves that the whole US market is buoyant, brimming with confidence. Let us watch closely of earnings from Back of America (BAC) or Goldman Sachs (GS) to see if the financial sector's big stocks still miss their expectations 2moro and the day after.

Btw, Goldman Sachs is on its strong resistance trendline of $100. See whether their earnings results will revive this stock. It is touching its trendline resistance now.

Apple 5G phone will be a revolution! How do you take advantage of this hype?

Dear Friends, It is a well known fact that US is trying to catch up with the 5G technology of China. That is the reason why US has viewed ...