Market Commentary:
Today's trading is counter to the current strong long term trends that are in place. the US$ is up vs all currencies and commodities are selling off. The markets are up led by the weak financial sectors and the leadership is taking a rest or up on light volume. Question: is this the start of a new trend or just a head fake. Answer: there has been know new evidence that any fundamentals have changed so I feel this is just the typical wild volatility that we must live with. Check 60 min. and daily charts for confirmation before making any moves. Be patient and add to the stocks that make it through this rattle.
Thursday, April 24, 2008
Time 2:31
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