Sell-Side Risk Management: "Rooting For Massive Upside"

“Good Morning – Bond market is closed today.    Third quarter reporting picks up this week with tech and financials heavy on the schedule.  Last week’s rally was a fear of the QE3.  This week we will need some earnings, and guidance to keep the upside momentum rolling.  Our Guy Bianco expects a strong 3Q earning season, and he has been a monster bull.    1164 was Fridays high, and the months high.   Plenty of room till we get to 1175.     Sorry nothing earth shattering here.    I am rooting for massive upside surprises out of Fins, we’d all be happy.”

-BofAMLCO trader note

Keith R. McCullough
Chief Executive Officer

Sell-Side Risk Management: "Rooting For Massive Upside" - 1