Two More Ready To Go.
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Two More Ready To Go.
What a performance, gold hits an all-time high in the futures market.
Trading above $2080.00 in the overnight session, it´s setting up for a run at $2100.00 and potentially higher. This is obviously very exciting, but with a dose of caution.
Always remember that a peak will, at some point, correct in the other direction. That's the path of least resistance.
Two more bank stocks were hammered today, losing a significant amount in stock value. Anyone who thinks that the banking crisis is over will have a wake-up call.
The concern is in the mid level banking structure...this is the danger zone.
Technically the market is displaying very strong bullish charts. This offers some more upside momentum.
Investors must pay close attention to any changes in signals, and make swift adjustments. Short-term: Headlines are your buying opportunities.
Long-term: Fundamentals are your guide.
Much success to all. |
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