To update a trade I posted on this blog previously, I sold a piece of my STLD long this morning, taking advantage of early strength, from the original 15.91 entry.
Also, GIMO is a long idea to watch on further strength, especially above $36.20.
And homebuilders continue to lag in a bad way. I will follow-up on this point in a moment.
What are you trading this morning?
http://www.youtube.com/watch?v=kaOWGO4O28Y
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MCD looks to be breaking down
Yup been weak for a while now.
Chicken NUGTs for lunch?
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Nice action of late there.
While still under the 200d, both gold and silver miners have quietly recaptured the 50d and now 100d. Definite change in character for the metals market.
Can’t disagree, charlie.
google hit lower bollinger taking it for a ride.. and btw do u watch suits?
I need to watch Suits. Heard it was good.