SPX - 120 Minute
Above represents two days of the SPX on a 2-hour chart. After Monday's gap-up opening, prices have simply gone horizontal and are not yet threatening the stop/reverse BW levels.
DXD - 120 Minute
The double-beta Dow 30 Bear ETF above shows Monday's gap-down, followed by a slow drift downward through the close Tuesday. Only one bar even threatened the downtrend, but prices ultimately resumed their trend lower into Tuesday's close.
The double-beta Dow 30 Bear ETF above shows Monday's gap-down, followed by a slow drift downward through the close Tuesday. Only one bar even threatened the downtrend, but prices ultimately resumed their trend lower into Tuesday's close.
XAU - 120 Minute
Our recent gold picks (AUY, SWC, NG, & ANV) all had good days today, but the bigger cap Gold & Silver Index above basically lingered. An example of good things that can happen when you put a little effort into stock picking instead of merely relying on a broad-based index.
Our recent gold picks (AUY, SWC, NG, & ANV) all had good days today, but the bigger cap Gold & Silver Index above basically lingered. An example of good things that can happen when you put a little effort into stock picking instead of merely relying on a broad-based index.
Dueling cliches:
Sell in May and go away;
Never short a dull market.
For conspiracy buffs:
Russian President may push 'new world currency'...
Sell in May and go away;
Never short a dull market.
For conspiracy buffs:
Russian President may push 'new world currency'...
A
3 comments:
i dont get it, dows down 122, s&p down 18, and faz and srs are only up a little. what gives?
rob g
FAZ high today 4.87 at 10:30 EST & at 13:30 EST. SPX low today 929 at 10:30 EST & 925.5 at 13:30 EST
That's only a 3.5 pt move. hang tight!
My pennies for gold play today was General Metals Corp (GNMT). They had a news offering this morning. http://www.marketwire.com/press-release/General-Metals-Corporation-Frankfurt-GMQ-998701.html
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