DEC 6, 2013 Friday
As we had mentioned in our Blog of Wednesday Dec 4, the markets made a low and started going up from the lows. Insiders like to suck in as many suckers as possible near the highs and then bring the markets down. It is happening again. So even though some markets gave a SELL signal, it is being reversed now. Not all stocks will participate in this rally but wait till the markets reach previous highs. Nasdaq may make even new highs and so may be RUSSELL 2000.
DJI
SPY
IWM
TNA
TZA
GLD No Buy Signal yet but Gold appears to have stabilized and ready to go higher above recent highs
GDX ( Gold Miners)
As we had mentioned in our Blog of Wednesday Dec 4, the markets made a low and started going up from the lows. Insiders like to suck in as many suckers as possible near the highs and then bring the markets down. It is happening again. So even though some markets gave a SELL signal, it is being reversed now. Not all stocks will participate in this rally but wait till the markets reach previous highs. Nasdaq may make even new highs and so may be RUSSELL 2000.
DJI
Posts
0 comments :
Post a Comment