Overnight Action and ECO-Calender

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ECOcalender

22:45 NZD Trade Balance (NZD) Jun 215.0M 858.0M 03:00 AUD RBA Governor Stevens Speaks -- -- 06:00 CHF UBS Consumption Indicator Jun -- 0.772 10:00 GBP U.K. CBI Distributive Trades Jul -12 -17 13:00 USD S&P/Case-Shiller Composite-20 Y/Y May -17.85% -18.12% 14:00 USD Conference Board Consumer Confidence Jul 49.1 49.3

the last one is the one with the most punchAnyone else playing the earnings game here when a stock posts if they are good buy if they are bad sell
we got smoked trying to jump the gun and bought Msft bfore the news broke we should haver waited and reacted we missed the buy in on ebay and apple so we made sure we got in on the loser MSFT!
This time we got back to our old self and quickly snapped up AMGn as soon as earnings broke paid 62 AND we may have missed the first buck but we at least made 87 cents on a thousand shares that is nice money for 5 minutes work
The banks led this rally as the BAC call that it is cheap and in good shape Financials can lead the market and Oil is following here almost tick for tick.


For the overnight we buy Oil whereever it dips to and remain bullish we sell maybe for a trade at 69