Cash is king at the moment Newtrade. Too much unrest in overseas market and people locking in profits. Not even gold stocks are safe in this environment.
Profit takers will look at lower entry point. Oct history in stock market may be hitting earlier this year.
Dow futures down for tonight again, and wouldnt be surprised to see more profit taking on red tomorrow morning on opening. Have to remember, we have had a HUGE run up the last 6 weeks and consolidation has to happen, even if a gold pour is around the corner.
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33 | 1675872 | 0.350 |
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