The infamous bottom fishing screen, inside The PPT, has yet to pull up any inverse ETFs, a good sign for the bulls going forward.
However, this legendary screen, known for catching inflection points, is calling for a dip buy in the precious metal arena, gold and silver.
Here is a look at tonight’s results, I’ve imported the results into finviz for your viewing pleasure, click here for charts.
The screen is also picking up $ATML, a name that I’m currently long, and I name I like heading into tomorrow’s trade. I’ll be back later tonight with some trading ideas for Tuesday.
3 Responses to Bottom Fishing Update
$GLD looks ready to bust a move. Will be doing some work in the space tonight.
FCX up, TLT bear flag…. stocks pushing to highs, life is good.