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Tuesday, May 20, 2014

Stock Market Rally May Continue towards Recent Highs

As predicted on Friday  May 16, the rally is continuing towards recent highs. Nasdaq,  QQQ and Russell 2000 had the most decline and are experiencing the largest upward move.Since the volume has been so low, the rally is not very strong and can reverse anytime. Gold and precious metals  will  make new lows soon.

DJI
SPY
IWM Russell 2000 ETF 
TNA
TZA
GLD Gold going lower

GDX 
DUST going higher
NUGT going lower
Apple Best Buy Near term 7 to 1 Split coming June 2

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