Potash Corp. (POT:NYSE) Shares have retraced a little bit in this crazy market, despite many feeling that the U.S. Dollar could go lower. So let’s assume the buck sees pressure next week. Where does that leave global demand for Ag products ? Keep an eye on POT, there are some support layers in the 57ish range and the stock has been relatively strong until this last pullback.
SPDR Financial Sector (XLF:NYSE) As usual, XLF continues to be a great read for the market today. There are conflicting opinions on the validity of the European Stress Tests and the deficit crisis still looms large. Banks seem a little oversold here, but watch XLF for a more legitimate trading read.