1. This looks to be another mild trading session. Volume trends have been very light this week and that will usually keep the major stock indexes buoyant. Should we experience a high volume reversal day then the markets could be in some trouble.There are no problems right now.
2. Another positive sign is the strength in the Russell 2000 index (IWM). Remember, the Russell 2000 Index represents small cap stocks in the United States. When the small caps rally it is good for markets since investors buy those stocks for growth. On the flip side, when the Dow Jones Industrial Average (DIA) leads the markets higher it is a place where investors go to park money and collect dividends. Nick bought the Russell and made 10 percent but ducked out too early. The trader’s lament.
Climates have always changed since the beginning of time. We should be studying the sun a lot more.
3. Gold and silver getting slammed today. Backing and filling, with more to come. Gold has not put in its defined bottom as of yet. It’s
4. LEAPS for fun and profit. Normal options are longer term options contracts. 9 months or longer. The more time on the clock