An in depth look at the markets and set ups for tomorrow’s trading. If there is a stock or commodity you are looking at chances are David covered it in tonight’s session. The 60 min 20sma’s are key level for the indices to break and hold under for any sustained weakness in the major indices.

Father’s day special Chart Attack, TraderAlamo welcomes big daddy “Tony Soprano look-alike” Papa Alamo.  Despite last week being a down week, Alamo finds the best setups on the long side.  Alamo brings out four long trades, a pass on oil, and no shorts unless Vornado Realty (VNO) breaks down.
Wells Fargo (WFC):
LONG above $25.50, STOP below [...]

Father’s day special Chart Attack, TraderAlamo welcomes big daddy “Tony Soprano look-alike” Papa Alamo.  Despite last week being a down week, Alamo finds the best setups on the long side.  Alamo brings out four long trades, a pass on oil, and no shorts unless Vornado Realty (VNO) breaks down.
Wells Fargo (WFC):
LONG above $25.50, STOP below [...]

CNBC’s Rick Santelli captures the frustration of many in this country when he called for the “Chicago Tea Party” in July against the new administration’s mortgage plans, stimulus plans, and bailouts.
Santelli’s call spurred many across this country to organize their own “Tea Party” to voice concerns about the way the economic crisis is being handled. [...]