Holiday weekend - reversal
Hello All,
Oversold weakness heading into Thanksgiving weekend has resulted in a heavy reversal with good sales for Black Friday. The question remains as to whether Holiday sales will continue at this pace. And moreover, we remain focused on debt restructuring in Europe, with various rumors regarding an IMF bailout of Italy and the possible bond issuance of the five AAA rated countries to help subsidize such restructuring. Gaps on the charts seem to have been filled, and we may have a consolidation week before we see more short covering. The Plunge Protection Team may be in action to support a Santa Clause rally, in congruence with funds taking advantage of cheap pricing. Light volume continues, and we may have another 10 days of decent action before we hit the Xmas doldrums. As always we will be on the lookout for selling options during expected times of inactivity. We will keep our clients posted.
Best,
Arman Vahdatinia
President, Chief Market Strategist.
Apple - About Author:
Writer, Journalist and Marketing Specialist
www.expofutures.com
Article Source:
http://www.articleside.com/business-articles/holiday-weekend-reversal.htm
Related Business Articles 

Published by Mary Porter on June 17th 2012 | Business
Published by Andrew Thomas on July 27th 2012 | Business
Published by Timmy Radloff on June 21st 2012 | Business
Published by Activemds on February 14th 2012 | Business
Published by David Telles on November 28th 2011 | Business
Published by RotsFales on May 16th 2012 | Business
Published by Corporatecharters on February 20th 2012 | Business
Published by Julia Roger on March 20th 2012 | Business
Published by Chris Adam on June 5th 2012 | Business
Published by Leila on May 16th 2012 | Business
Published by Austin Larck on April 18th 2012 | Business
Published by Aedan Robbert on April 19th 2012 | Business
Published by Stuart Owens on March 6th 2012 | Business
Published by Atkinsonws on May 23rd 2012 | Business
Published by Discounted on March 20th 2012 | Business
Published by Mark Bennett on March 5th 2012 | Business
Published by Angie Turner on June 8th 2012 | Business

Published by Mary Porter on June 26th 2012 | Business
Published by Petricia Patrick on December 24th 2011 | Business
Published by Jonathan Latimer on March 1st 2012 | Business
Published by Tracy Narvaez on August 25th 2012 | Business

Published by Bharatbook on August 25th 2012 | Business
Published by Gene Crayton on August 25th 2012 | Business
Published by Julia Roger on August 25th 2012 | Business
Published by Julia Roger on August 25th 2012 | Business
Published by Julia Roger on August 25th 2012 | Business






