Interesting day in the market as once again, as the market formed a doji around the 1332 level on the S&P. We’ve see this occur a few times near the highs of late, and what typically happens is we ultimately move higher, and that is what I believe will eventually occur here. So right now, I’d consider the market to be consolidating before another likely move higher.
It’s been a while, but I thought I’d give out a Daily Long and Short for tomorrow.
LONG: Hecla Mining (HL)
SHORT: Flextronics Int’l (FLEX)
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