Sunday, November 4, 2007

Week Preview

QQQQ, QLD, QID - Big Cap tech should get a boost from am official Google phone strategy announcement and Cisco earnings on Wednesday. Other tech earnings this week Sun Microsystems, Nvidia and Qualcomm.

USO, OIH, XLE - Looking for a pull back in oil this week after it hits $100.

GLD, GDX - Gold at $800 time for pull back as well.

XLF, SKF - After last week's beating will a bounce be in order or further decline for the financial sector? Bernanke has 2 speeches this week, the important one being on Thursday when he testifies before the Joint Economic Committee of Congress.

UNG - I think nat gas is going higher, much higher.

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