Sunday, August 28, 2011

The Week Ahead and the Week Before Recap

Oil did not hit the mid 70's rather it experience a slight rally to the mid 80's.

LDK Solar experienced a 20% rally and Hollysys ran up almost 6%.

Interest rates also rebounded nicely, and an investment in TBT would have yielded about a 5% return.

This week, look for Clearwire (CLWR) to continue there successful run. As Sprint once again nears a business deal which could send both companies on a much needed rebound.

Also, interest rates are still going to climb. Be prepared look at funds that short bonds, they will be a good safe bet.

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