It’s boring. It’s conservative. But I really like the basing pattern of the 7-10 year bond fund symbol IEF.

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It’s boring. It’s conservative. But I really like the basing pattern of the 7-10 year bond fund symbol IEF.

I was looking at a table over on ZH that showed 25 stocks they proposed would be violently “squeezed” higher. I hand-typed in the symbols and looked at all the charts, and I’ve got to say, most of them look like shorts (but maybe that’s just me wearing my bear goggles). Some of them are plausibly bullish, however, so here ya go:

I guess Tim Cook’s 24-karat gold gift to El Presidente worked its magic, as the stock has vaulted over its descending trendline.

Just about the only sector whose ascent I celebrate is precious metals, and we have a positive event this morning in that regard as GDX blows past resistance.
