•Stocks again approach all-time record highs as buyers step in
•Using my Elite Support/Resistance indicators to find easy entries and stops: SPY, QQQ, IWM, XRT, URA, EEM, RSX, FXI, XBI, XLE, XES, SMH, IYZ, IYT, TAN,
•XRT goes for a breakout, XLE next?
•Greed & Fear Vs. Gratitude & Charity.
•Analyzing trades: GILD (looser), COST (winner)
•Junk bonds at a delicate juncture. Options play possible now as JNK and HYG are squeezed into the narrowest range ever in the history of these ETFs.
•Dollar bounces within a bigger downtrend. Euro, Pound and possibly Yen may push higher
•Gold choppy and indecisive.
•GDX surely oversold, could bounce strongly
•Oil finds bottoms in support area for the second time in as many months
•Natural gas could collapse
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