Monday, March 08, 2010

Ready For Subprime Credit Recovery?

US markets are in excellent mood after non-farm payrolls test last Friday. The sub-prime nation even enjoys the household credit recovery. But was it a surprise? There is no wonder that Consumer Discretionary and Financials stocks are among the best performers recently.

These perma-bears? No, some are turning even bullish! Hmmm, there is no new normal ...

Well, some pullback is in cards. Technical setup is bullish, and the next move should be strong and large ... but still not sure - what direction?

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