Monday, April 21, 2014

Boring Day

Although tech gained almost 1% and other indices didn't perform that bad, it was a rather boring day. There wasn't that much movement in indices, only some commodities performed poorly today. More noticeable is that some momo-stocks that got a serious beating the last couple of weeks, are starting to get back on their feet again.

5m-chart SPY:

Daily charts DIA, SPY, QQQ and IWM:

Euro, oil, metals
The euro and oil didn't move much and neither did copper. But gold lost more ground and silver was down over 1%. We could soon be seeing new lows for silver if this keeps up!

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