Showing posts with label The Week Ahead 82811. Show all posts
Showing posts with label The Week Ahead 82811. Show all posts

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.