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Financial news I consider important, with my opinion, which is worth as much as you paid for it.

Thursday, October 23, 2014

Market Zooming to the moon, comments on miners

Very nice snapback rally, and we very well could see a nice rally into the end of year with new highs.
I don't see anything really to kill this bull, unless buyers simply disappear.

But who could be buying? Big institutional money I have to suspect has replaced the common stock investor.  I can't imagine tons o money from the 18 to 40 year olds pouring into the market.

As for Gold Miners, follow Chart freak through this, see what he says, now through the 30th may be interesting.

http://www.chartfreak.com/2014/10/23/look-dont-touch/


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