Gold has been stuck in $100 trading range for the past five months. The next breakout could be huge. I believe there are too many traders who are bullish on gold. These traders need to be "shaken out" of their long positions. Therefore, the next breakout is probably to the downside. www.ReiterInvest.com
Definitely a false breakout in the corn market. The bulls need a close above 4.14 in order to recapture the upside momentum. www.ReiterInvest.com
Interesting opportunity in the Nasdaq 100 Futures???
Could go either way, we don’t have a directional view, as yet.
The breakaway gap is still firmly in place. I am a buyer @ 77.38. www.ReiterInvest.com
BBY is one of the few bullish retail stocks. I am a buyer @ 60.35. www.ReiterInvest.com
The bulls are losing control of NVDA. This stock is way overdue for a correction. I am a buyer if the bulls can push NVDA above 160. www.ReiterInvest.com
The chart pattern for the Canadian Dollar continues to remain bearish. I am a seller @ 73.34. www.ReiterInvest.com