Currently the market indexes are not showing any buying or selling pressure that would not be normal for a slow uptrending market. A solid uptrend usually consists of selling in the morning and buying later in the day. Gold stocks still remain extremely strong. There appears to be as many stocks trading higher as trading lower, indicating there has not yet been any major change of investor sentiment. Stay predominantly long.
February 8th, Daily Market Comments
Currently the market indexes are not showing any buying or selling pressure that would not be normal for a slow uptrending market. A solid uptrend usually consists of selling in the morning and buying later in the day. Gold stocks still remain extremely strong. There appears to be as many stocks trading higher as trading lower, indicating there has not yet been any major change of investor sentiment. Stay predominantly long.