Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 128.07 (resistance), 127.70 (inflection), 127.40, 127.00 and 126.00 (support).
Our best AM Idea for today, which we highlighted in our AM Meeting is to get long RIMM between 60.00 and 60.80 with a target of 62.00.
Don’t forget to follow us on Twitter.
One Comment on “SMB Morning Rundown – January 6, 2011”
Good call on RIMM, which touched low of 59.80 and high of 62.16. Congrats on another killing from RIMM!