On NYSE - KRY sp is UP! Of course, there was a bit of a downer day yesterday so some come back was to be expected. Russell 2K is up almost one percent at this time so the spec players are out in force and KRY sp may be receiving some benefit. Daily Technicals see Stoch and Mac Bearish but OBV showing some support. Could be cost averaging (may be a bit soon for that) or the usual DCB after a big down move. But, sp is up at this time.
Dow is down a touch. S&P is barely-barely up and, as mentioned earlier, so is the Russell 2k. Berkshire and Stanley Works making acquisitions does not help Market for some reason. Tech and the RecessProofers pretty much down while the rest of the Market sectors all seem to be up, although not in a big way. Lower BB is 9650, so may need to hit that before the cycle turns strongly. The correction still looms.
Gold took off at about 1030am and topped $1085 about an hour ago, and still looking for more. GLD shows a new high-high (finally) on the Daily techs and the beginning of the Bullish part of the cycle. Wow! Gold and the Market moving in opposite directions. Still need to be careful out there, choose wisely and stay diversified.
Emotions are high with KRY, the Spec Play. Supporters say they are being picked on. Questioners say they are being picked on. Everyone has there own way of looking at things and what is important as far as fundamentals. Good to see that discussion is taking place in a fairly civilized manner.
Hang in there.
