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Category Archives: AET

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, BTK, AIG, AET, UNH, SLXP, NUVA, CELG, AMGN, OSIP, GENZ, PRU

Last weekend, in my Market Forecast, I said, "For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance.  The market has rallied quite far.  Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120.  So, if SPX 1130 cannot [...]

Time To Look At Gold Again? SPX, Nasdaq, DO, SLB, RIG, GLD, GOLD, ABX, RGLD, GS, WLP, AET, CI, UNH

The dollar continued to climb higher today and gold followed lower.  Gold has come down about $100/ounce in 3 trading sessions, closing just around $1128/ounce from a high of about $1228/ounce last Thursday.  GLD, the gold ETF, has faltered from a recent height of $119.54 to today’s close of $110.95.  Gold miners have also fallen [...]