Morning folks. futures are gapping up this morning slightly. Gold up .5% and oil making slight move higher at .38% . once again this market shows its resiliency overlooking some of the nervous headlines and marching higher and upwards. all the major indexes closed above 20 day moving averages. i barely heard any chatter on …
Morning folks. futures gapping up nicely here. It seems the market has started to digest the news overseas in japan and middle east. Even the european debt news has been shaken off. We do have jobless claims data today (which acutally means nothing). Keep an eye on the S&P we are right at a …
Every Wednesday night, the IBD200 list is released and includes the best of the best according to their SmartSelect Composite Rating. From this list of 200, I focus on the stocks under $20 (only from a lack of time to do much more). OK, let’s jump right in.. GNET – In nice bull trend. .Look …
Morning folks. Futures looking pretty flat. OIL is currently up .55% but its been up and down. GOLD also up .5%. keep an eye on these sectors event hough market was flat yesterday there was a ton of breakouts in both of these sectors. Small cap oil was in particular heating up the last 2 …
Market closed right at resistance. you can see with the spx that its hitting 3 levels of resistance. 1 price resistance at 1300. then 50 day moving average covering with the 20 day moving average. It tap tap tapped taht level all day today but usually such levels rarely break above on the first try. …