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Financial news I consider important, with my opinion, which is worth as much as you paid for it.
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Wednesday, May 13, 2015

Miners, Energy, and the Market

We sit here today with S&P 500 at 2099, with Gold miners  (GDX 20.29) making slow progress up, energy up, and USD down.

I caution those long the market for years to be nimble, while I am no longer looking out for 2008 crash, we may have a direction change in the wind for the next year.   With resources costs rising, USD falling, and market bubbly we may be ripe for a change in direction.

Tech however I am convinced is always possibly good, providing you hit the right sector of tech.  Robotics, Solar, biotech, and potentially autonomous car manufactures may buck the trend.
Good Luck!

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