Valuable Penny Stock Lessons - AZURF, SPYR, VBIO, CDNL & SAKL
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Good afternoon everybody. Stocks are mixed on the day with virtually no economic data to speak of. Yet, the major indexes still continue to exercise a fair amount of volatility. Gold, certain treasuries, China and REITs are all leading the way about halfway through the trading day, so it appears the markets are opting for a little conservatism right now.
The S&P 500 continues its series of lower highs and lower lows. But, today's reversal back to the upside following a weak move earlier in the session is challenging that recent trading pattern. Everyone continues to think stocks are going to selloff soon, however, all of us here at SCN are in agreement the markets are going to have to prove they're ready to move lower before we'll be convinced the Trump Rally is over for a while.