daytrading june 20 morning

  1. 32,562 Posts.
    Morning all. Thanks HLL and all contributors.

    Ben's speech has caused a wobble but I can't see anything new there really. The time frame is still around 12mnth min and the market won't look that far ahead.

    Gold got pushed back to $1350 where it looked like it wanted to go. Once again, I can't see why this should be sustained so I'd keep and eye on that level and if it quickly pops above $1350 it could bounce well.

    Given tax loss selling, today may well be the best opportunity for those brave enough to pick up some cheap stocks. The rule is to buy stocks with actual earnings or a legit resource. Explorers just don't cut it these days.

    I get the feeling that a few others think the same way. Might be a bit of jostling at the sales this morning. Watch out for flying handbags.

    I'm gonna be off the scene tomorrow and most of next week. Gttrain is gonna step up and do the opens.

    Check open orders.

    Happy Trades
 
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