Kastel....at twenty five-and-a-half bucks WTIC is approaching resistance in one heck of a hurry and after that it's a quick drop to twenty.
As for the PM stocks I wish I didn't have any at all!...yeah, yeah I know, I know-- insurance, insurance. But if I didn't have 20% of my portfolio weighted there I'd be hauling in beaucoup bucks out of the markets. Have you looked at what the biotech’s have done lately? It don't matter which side of the border you're on, whether it's Naz or the TSX, they’re flying.
KHD-TSX-- just pulled up a chart, if it weren't for the fact that it's such an illiquid stock I might just play the bounce-- but other than that it's still being distributed and it's looking rather anemic.
As for the length of this rally? Mid May? We're beginning to encroach on some record territory here:
$BPCOMPQ -- how much more bullish can we get?
stockcharts.com[h,a]dallyyay[de][pb20!b50!f][vc60][iub14][j11808634,y]
The Put/Call Ratio is neutral at best and is falling:
stockcharts.com[h,a]dboayyay[dc][pd20,2!f][vc60][iuh14,3][j10278972,y]
VIX will it go to twenty?
stockcharts.com[h,a]dboayyay[dc][pd20,2!f][vc60][iuh14,3!le12,26,9][j11753241,y]
Regards,
Frank P. |
