Morning Traders,
looks like some consolidation is headed our way today which may mean we let any potential sellers out of the way
before looking for movers.
'Investors turned risk averse, sending US stocks to their biggest drop in four weeks amid a sell-off in equities from Japan to Europe as oil's plunge into a bear market rekindled global growth concerns. Gold climbed with the yen amid demand for havens.' Anon.
Expect a few specish goldies to become the highlight over coming days, Zinc still remains in a strong uptrend and a few defensive areas such as
health related stocks seem to be back in vogue.
Patience required for this market adjustment to run its course, the beauty being these conditions can often bring more investors to our glamour end of the market as bigger cap players take profits and start loading into smaller MC opportunities.
Keep a good sense of humour and have a great day!!
Morning Traders, looks like some consolidation is headed our way...
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