hui up 8.88 %
xau Up 8.42 %
auq up 9.76 %
goro up 4.44 %
kgc up 6.09 %
scco up 6.56 %
clf up 8.91 %
x up 5.25 %
mt up 5.21 %
aa up 1.54 %
ach up 2.03 %
looks like money is moving into the metals across the board
to soon to say its bottomed yet they were all very oversold
and due for atleast a significant bounce .
wdc up 4.87 %
onxx down .62 % and yes earnings can move it higher
yet lets say onxx jumps 20 % from here and hits
152 . that is a fair move and is somewhat speculative
and trading news . look at the above percentage you
could have already made today had you been positioned
i sold onxx at 131 1/2 having owned it from near 40
i still like the pharma biotech and generic drug sector
and own several . any movement in onxx will from a
buy out cause those who want in are already in .
the earnings today may move it up yet the stock
looks capped right here right now .
higher later ? possibly .
celg tapped 150 and has come back that one may
be capped for a while to .
long story short i think the market is overall bullish
yet try to justify a technical reason why onxx
should move higher . make the case
i dont see it right now regardless of what they report
good luck all