[Capital Essence NewsDesk] We've opined in our previous Market Outlook that "unless the financial stocks move above key resistant, we believe that higher prices will be greeted by sellers", equity market closed around the flat-line Monday as a new wave of credit concerns sent the financials sharply lower, BKX down 1.71% for the day.
Although, our "Swing-Trader Bulletin" is doing pretty as the newly set-up Perry Ellis (PERY) jumped more than 6% to $29.97 amid a renewal of buying interest.
The "Cubes Speculator Bulletin" is also doing extremely well with QQQIS (September 45 Call) position holds an amazing unrealized gains of more than 50%.
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