It looks like we may be taking a pause from the strong rally we have seen the last couple of weeks. Premarket we are seeing some red arrows but that could change once the market opens.
Oil is higher premarket on chatter of OPEC looking for an anchor price in oil of 50 dollars a barrel. The squeeze in the sector could continue but I would bee extremely cautious in the sector. Do not chase and wait for confirmation before attempting to go short.
Gold is slightly higher after Fridays drop with numbers coming out of China, Mario Drahgi on deck this week we could see some wild moves in the shiny metal.
Volatility & SPY OIL Biotech
UVXY XIV VXX TVIX SPXS UWTI DWTI GUSH DRIP IBB LABU LABD
Gold SILVER Dollar Financials
GLD NUGT JNUG DUST JDST GDX GDXJ USLV UUP FAS XLF FAZ
UVXY XIV VXX TVIX SPXS UWTI DWTI GUSH DRIP IBB LABU LABD
Gold SILVER Dollar Financials
GLD NUGT JNUG DUST JDST GDX GDXJ USLV UUP FAS XLF FAZ
Stocks on my radar premarket
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