Thursday, April 11, 2013

Retail data and Bank Earnings tomorrow…what do the charts look like...

JPMorgan and Wells Fargo Report tomorrow…their charts are not showing a lot of excitement about this report…neither are many of the other banks…additionally almost all the big banks are underperforming the Bank index substantially.

Retail Sales come out tomorrow at 8:30 and Target and WMT both look like they might also not be too excited about this report…they both barely participated in yesterday’s huge rally and have hit resistance.
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