Month: December 2008

It seems as though there is a simple absence of supply on the final day of trading and the little buying volume is pushing stocks higher.

The QQQQ has dropped down to a critical level of support. It appears the market is trying to stabilize here, but the frequency of the tests of this level have been increasing which makes it more dangerous.

Volume will likely be light in the overall market and the better opportunities will likely be found in individual stocks today. One group which should get a lot of action is the gold related stocks. Below are thirty gold stocks in order of volume traded on Friday. Be careful not to chase opening gaps, allow … Read More