5.03.2010

PRE MARKET LOOK


Warren Buffet on morning TV talking his book claiming GS didn't do much wrong - well not so sure on that point but futures are trading up and GS trading higher by about $3 at 148+.


The VIX spike up on Friday and now trades at 22.05 and about 20% above the SMA 10 while the RSI 2 levels on most major indexes hovering near 30.


Barrons with a very bullish article on JNJ - just in time for their product recall and as I look a the ticker its about unchanged before the open.


Watching to see if the SPX can regain the EMA 20 at /near the 1194 area -


BESPOKE looking at the earnings beat rate -and its moving down;


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