Goldy Reports

{+++}The number was great, no surprise, the question now is will GS and the market sustain the frothy, unbridled enthusiasm? Oil is back over $60 but so far in the pre-market the futures have eased now that Goldman is out of the way.

We still have Intel earnings after the close and the number is expected to be lousy, but is the lousy number already baked in the price? That’s another question that we have to ask.

This is either the beginning of a rally higher or the beginning of one of he best shorting opportunities in a while. I will be reading the tea leaves all day and will be reporting back. We are getting close to some stops so stay alert.

I will be doing 20 minutes on stocktwits today so tune in if you are around and feel free to ask a question or ask about a chart. Good luck today.

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