They are all reversing higher on strong buy volume today. However, we have tons of trading to go before the bell. Even then, due to prior carnage we need upside confirmation to cement any type of true reversal.
If these moves push into the afternoon, I will follow-up. For now, at least, for swing traders, risk management with a stop-loss at today’s lows on any miner or metal should be at the forefront of your process.
Do you feel lucky. punk?
Ooops, wrong movie
haha
Gary Savage had an interesting write-up regarding the pm’s
http://smartmoneytracker.blogspot.com/
Savage, never in doubt, often wrong
Excellent clip and fine haircut on that denim-clad chap.