Hello Everyone,
As far as the market, nice pullback today: The S&P 500 tested the top of its coil yesterday, so logical pullback from that. The tech area has been the area of most concern and we saw that again today. The other concern has been the 10-Year, which was up again.
Energy Stocks
: I called for a top back in late March and for an ABC 3-wave correction, and that has played out, these stocks are nearing/near places that could be attractive for long term swing positions once again.
Nice rally today!
Precious Metals: Reversed yesterday's gains, US Dollar stronger. Honestly I would love another sell off in this sector.
have a great night,
Matt