Earnings Season Continues this week.
$TWTR reports on Tuesday
$AXP reports on Tuesday
$WFM and $Yelp report on Wednesday
Last week I thought $FB would end the week at record levels and over the $75 level. It did.
This week I expect $TWTR to have a similar move post earnings. I will have more on that later.
The market is pulling back early today, but the theme has not changed. Every dip since the lows in March of 2009 have been a great buying opportunity. Stock remain channeling since the start of July, and if history is any indication, the break out of this channel will be to the upside. $SPY $200 will likely be here sooner than you think. Just a few missile salvo's and some more terrorist action should do the trick!