MAY 19 WEEKEND REPORT – REST UP

Rest up this weekend, and we'll review the markets and the action that we can expect as things move forward.  I'm really loving the way the Precious Metals markets are setting up for example, so far very much as expected.  Lets just get right into it and take a look at our markets...

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FRIDAY MAY 19th

It is Friday, the last trading day of the week, so let's review a couple of points of interest in the Markets, and then discuss a few more stock picks.

 

USD - The USD is heading toward resistance, but it can continue a bit higher.  I will discuss this further in the weekend report.

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Thursday May 17

 

NASDAQ - I mentioned months ago that it looked like we could be starting a consolidation period  ( or a topping process) in the General Markets.   You can see that we are doing just that.  I also mentioned that it is possible that individual stocks may do well, so we will briefly discuss some individual stocks later in the report.  Also if this, over time,  breaks out to new highs, it would be very bullish.

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