Trade Setups for June 28, 2010

Unlike last Monday, the market is fairly calm heading towards the open. We have one report coming out at 8:30am ET, and that is the Personal Income and Outlays. Remember that all eyes are going to be focused on the employment number due out on Friday.

In case I forgot to mention it on Friday, I did pick up an additional position, a long one for a change, in Quanex (NX) and a stop-loss at 17.65.

Here's Today's Trade Setups.

LONG:San Juan Basin Royalty (SJT)

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