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Nightly Comments

|Includes:SLV, Consumer Staples Select Sector SPDR ETF (XLP)
 

 

Nightly Comments

Yesterday's stocks

  1. SLV fell back down to the triangle's upper border. Support?
  2. UTX hit a high of 3.33%
  3. XOM hit a high of 1.31%

Tomorrows outlook.

  1. OEX formed a Doji
  2. Only 2 stocks on the list tonight, and they are both Shorts
  3. XLP (Consumer Staples) is near the top of a bearish broadening wedge.
  4. A down day tomorrow would be a strong indication the bounce up is over.
Stock Watch for 6/8/2012
Symbol Trade
CF SHORT
CMG SHORT
Click to enlarge
 
Click to enlarge

These are not recommendation.
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Stocks: XLP, SLV