March 21st Daily Market Comments

The market indexes have not yet shown any change of investor sentiment. Early morning selling, followed by afternoon buying has been the nature of this current uptrend. A trend remains more solid when profit-taking is occurring along the way, eliminating the exuberant buying followed by rapid selling. Continue to stay predominately long. Crude oil prices remain in a slow steady uptrend, the May contract trading close to the $41 a barrel level. Gold prices are in a sideways trading mode but still near the high-end of the recent trading.