The rally remains on hold and with the Euro having cracked the correction will need some time to play out. Higher morning futures followed by vicious afternoon sell-offs have been a hallmark of corrections in this cyclical bull. Be careful and be patient.
Excellent perspective in Gold From The Top Down by J.C. Parets. The precious metal complex was higher yesterday…
A look at SU and old friend CNQ at Business Week.
As Chesapeake has an earnings call, there’s definitely something — and somebody — missing at Platts. Felt like a spoof…only true.
Update on the broadening top:
http://allstarcharts.com/broadening-top-in-the-dow-industrials/