12:00pm (EST) The bulls are trying to turn the week around following Monday’s pullback and have recouped their losses if current levels hold. Of course, we are only halfway through the week and it remains to seen if the bears hold resistance or if the bulls can keep the momentum.
Gold Hits 3-Year Lows/ New Trade!!!
Gold Sinks Below $1,300, Profit Alerts (GLD, RVBD)
12:20pm (EST) We have been warning of another Gold breakdown since late May and following a 2-week trading range, we said this could be the week the yellow metal folds like a cheap lawn chair. With today’s $70 drop to $1,297 an ounce, we have profits to take on a
MomentumOptionsTrading.com Weekly Wrap for 8/8/10
9:45pm (EST) 1. Market Summary 2. Baidu Continues To Set New Highs 3. Arena Pharmaceuticals On Deck 4. Gold Back Over $1,200 5. Week Ahead = = = = = = = = = = = = = = = 1. Market Summary The bears were looking for a
MomentumOptionsTrading.com Weekly Wrap for 12/06/09
10:40pm (EST) The bulls were off and running on Friday as the Dow opened with a triple-digit gain after Wall Street learned the unemployment rate fell to 10% in November from 10.2% in October before the bell. Most of the suit and ties figured the jobless rate would remain at 10.2% but