Some choppy action today as the market tried to stabilize from yesterdays big down move. The action today was in gold, which broke out today and is looking good long term.
There was a gold stock from the Watchlist, KGC, which made a big move and triggered today. It had to move over 7% to trigger […]
The market sold off huge today after new Treasury secretary Geithner administered a killshot by speaking vaguely on the stimulus package. Technically, the indexes are still holding up, but barely. A break of this trendline on the S&P 500 will almost certainly mean lower prices to come.
If this trendline is broken, SDS will continue moving […]
The market was quite choppy today on lower volume as it awaits news on the stimulus bill. If it passes tomorrow as expected, the market could react big, but nobody knows in which direction. A fade the news reaction seems likely; we shall see.
I had a lot of stocks on the Watchlist for today, more […]
