The bottom is in? Don’t count on it

 
I’ve been a bit lax over the past week regarding posting here — and that can only mean two things — either I’ve been doing a lot of trading on my own and don’t want to be in the position of hyping of dissing a trade I’m involved in — or I’ve been sleeping late.
 
I’ll let you decide which of those is true.
 
In the meantime, let’s get down to business and take a look at what this volatile market has been up to lately:
 
Commodities have been coming down — including oil and gold.
 
Goldman Sach’s had an interesting trading day yesterday — check out its trading chart.
 
Natural gas got kicked down yesterday.
 
There’s starting to be a lot of hype surrounding financials — so if you’re planning on going that way — be cautious — very cautious.
 
The dollar hit a six-month high yesterday, and Goldman declared the dollar has bottomed….. hmmmmm….. I don’t like anyone declaring a bottom in anything — even Goldman’s.
 
Names on my radar screen to do some due diligence on include, Alexion Pharmaceuticals, Lockheed Martin, Research in Motion and Onyx.
 
Just remember: Don’t base any of your investment decision on anything you read here — do your own due diligence — or at least enough research to pick the right professional to handle the investing for you.
 
See you tomorrow…. maybe.
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