Well, an average day on the market - decent volume but very little movement. A lot of equities are at resistance, so there wasn't much movement in our six.
GLD closed around the $171 range, but the range for the day was $1.46, which is decent movement. Volume was below the 30DMA on past volume.
GOOG volume was over the 30DMA, and it closed slightly higher - up 0.62%.
IWM saw lighter volume today, and continued its move towards the $84 level.
JPM saw lighter volume today, but that number is coming down off that monumental day in mid-May. I'd be shocked if this one didn't move back to the $40 level during the next few days.
PCLN has actually hit this range in the past few months, so I am going to change what I sad a few days ago about it moving up. It's currently at support and I am considering picking up some options in hopes that it moves up to $660. The stock has been trading on light volume lately, so I'd like to see a positive push up over the next few days.
XOM had a great move today. I was thinking it would move down to the $88 level, but it hit support at $90 and had a solid bounce up today. Volume was right on the mark today. So if I was a smarter man, I would've picked it up at the $90 support level this morning.
STRATEGY: Over the next few days, I'm considering shorting GOOG and GLD, and picking up shares of PCLN.
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