Gold breaks loose; S&P 500 ends in Record Territory

Gold breaks loose; S&P 500 ends in Record Territory

Stocks traded in a tight range, but it was GLD leading the way higher.  Overnight the Nikkei broke out in heavy trade a good sign for Japanese stocks following the move yesterday.  It is clear there is a new uptrend in GLD from today’s move as well as US stocks and...

TSLA and SPWR lead Breakouts as Stocks inch higher

The market inched higher after coming off the Father’s Day weekend.  There were some nice breakouts on the day including TSLA and SPWR.  Both stocks did so in excellent volume.  From the get-go the market received positive economic data this morning, but shortly after...

Transports Sell Off Hard; Iraq Situation Deteriorates

This morning’s economic data was not too impressive, but it would be afternoon headlines dominating the market chatter.  Crude oil made a push higher putting pressure on the Dow Transportation stocks.  The move in Crude was credited to the conflicts arising in Iraq...