COVERED 1/2 SMSI $9.41
BUY FOS.TO $0.39
BUY EVVV $8.68
All North American markets higher today, most notably the TSX on fire, playing some catch up to yesterdays gains in the US. Markets still defying gravity and continuing to trend higher, despite most indices breaking down through their upward trendlines last week and overhead resistance above, especially the 200 day MA. Many stocks that have performed really well lately retraced last week and are now bouncing off their upward trendlines, which make good swing trading opportunities in the short term. Commodities leading this rally higher, as oil nearing $60. I will be initiating new long positions but be very selective in doing so, as I am still cautious of a pullback. These markets are based on perceptions and expectations of the fundamantals and right now there is lots of positive sentiment and the bulls are still in control!
BUY FOS.TO $0.39
BUY EVVV $8.68
All North American markets higher today, most notably the TSX on fire, playing some catch up to yesterdays gains in the US. Markets still defying gravity and continuing to trend higher, despite most indices breaking down through their upward trendlines last week and overhead resistance above, especially the 200 day MA. Many stocks that have performed really well lately retraced last week and are now bouncing off their upward trendlines, which make good swing trading opportunities in the short term. Commodities leading this rally higher, as oil nearing $60. I will be initiating new long positions but be very selective in doing so, as I am still cautious of a pullback. These markets are based on perceptions and expectations of the fundamantals and right now there is lots of positive sentiment and the bulls are still in control!
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