The Dow had its lowest close since the bear market closing low of Nov. 20, capping a week when financial stocks were repeatedly pummeled as the US government's latest bank rescue plan failed to allay investor worries.
The banks are still a concern, plus the US has a long weekend coming up.
The market will be closed on Monday for the Presidents Day holiday.
Some traders may decide they want to be out of the markets for two days
This should all see markets down 1% today
So… where to today.
AOE still to drive to $2.75…. over next 3 days
GPT watch closely that it’s bottomed then enter and should return 54 to 59
IGR already in and waiting for T/H
AWB $1.28 to $1.39
BPT watch early 75 to 79
MAK… looks like its gathering interest 52 to 56
I will also watch HAW it took off like a rocket once before… small turnover
FML….. CTO….. lets see
ANZ was my cornerstone for last week for weekly trade in at $12.17 out at $12.90…… sold those and bought FMG on Friday at $2.70 and looking for them to pass $3.00 by next Friday
Anyone know when Nikk0 will be back??
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