Canadian Stock Market Analysis – 20120604

Remain Short. No major changes last week. Gold spiked on Friday into the top of an open gap on the GLD chart. It looks like that might be it for now. Bank stocks reversed lower on Friday after not being able to generate a Buy Signal for the sector on Thursday. Crude Oil is down again in the Pre march, so we should be expecting ore selling in the Energy sector on Monday. -Canadian Stock Market Analysis – Start your trading day off on the right foot with Stephen Whiteside’s Good Morning Bay Street. This free daily video newsletter focuses on the major Canadian TSX Indexes and ETF’s, as well as the Canadian Dollar, Crude Oil, Natural Gas and Precious Metals including Gold and Silver. For more information please visit www.theuptrend.com
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