- Watch for gold to pop throughout the week, especially on Wednesday with WFC earnings coming out pre-market!
- Heads up on the iETFs for financials... It may be wise to build a position throughout Monday and Tuesday for the projected downturn of the market Wednesday.
- Don't put all of your eggs in one basket and remember to hedge! This past week was a wild one, and if you go killed like I did, learn from your mistakes and make the most of it this week!!
Positions Update:
- 100% Cash due to the lack of market direction.
MJTT's Daily T.L.:
- FCX, HAL, STLD, SNDK, DRYS, NOV, GT, TNA, ERX, FAZ
The MJTT's Weekly T.L. will be updated tomorrow, as well as a large post summing up tomorrow's action. Be prepared, and until then...
Keep Tradin'
ZM
I would have liked more gold on your list... look at DGP as the double long ETF, CGLD as a great speculative play, and DROOY
Tech looks like it will go much lower soon, so I would avoid, why do you like SNDK?
-anar