Friday the 11th of April showed us we can still see 250 point down days as the VIX
started to head North from the basement level. Up 6.73% on Friday, the VIX starts
to show us volatility is back at least in the short term.
As the DOW looks as if it might be trading in a range between 12700 and 11700
(Yet it may hold support at 11971 in this current
This week will be prove to be a large test.
Earnings will be reported this week for many of the Financials.
For exposure to a long equity position this week, you might take a look at
the ETFs SKF and KBW.
The Investment Banks and the Regional Banks might see a large hit in the next
10 days if the earnings they report shock the Marketplace. This type of shock
might be enough to turn the Bear Market rally that we have seen
lately, into a Southbound rock that crushes all positive momentum.
If you are long currently, protection might be your insurance.
Keep an eye on LDK(due to the rise in Oil and Gas), DRYS(due to the increase in
Commodity prices), UNG (Potential Natural Gas increase), and DBS (Potential increase
in Silver).
Silver
http://finance.yahoo.com/q/bc?s=DBS&t=6m
Natural Gas
http://finance.yahoo.com/q?s=ung
LDK
http://finance.yahoo.com/q?s=ldk
DRYS
http://finance.yahoo.com/q?s=drys
Good Fortune from Trade Equity!!!
