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December 2011 Blog Posts (1)
Financials Catch Morning Bid, Can It Last?
This morning, all of the leading financial stocks are trading higher. When the financial stocks rally it is usually a good sign that the major stock market indexes will hold up. Traders should follow Financial Select Sector SPDR (NYSE:XLF) closely. The XLF has started higher by 0.16 cents to $12.73 a share. Short term traders should watch for intra-day resistance around the $12.75, and $12.90 levels. If the XLF starts to retreat from the morning highs it is a good chance that the stock…
ContinueAdded by inthemoneystocks on December 15, 2011 at 11:44am — No Comments
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