Runaway Move in Stocks?
Perhaps the SMT Cycle Guy is correct, but me thinks there is a bit more work to do before that is really a foregone conclusion.
I don’t know much about what the FED or the “powers that be” will or won’t do but, from a chart perspective, mine show that I will wait another day or so for a confirmed breakout.
http://blog.smartmoneytrackerpremium.com/2016/04/runaway-move.html
Gary Savage is on the hottest streak of his career. He’s seeing everything with 20/10 vision at the moment. I’m betting with him.
Absolutely true!
He called perfectly the bottom in PM when the whole world was 100% sure of a H&S in HUI (included many of us here at Goldtent).
Now he’s saying the stock market AND oil have bottomed and we are ready for a giant upside move for almost everything.
Just the call he made for PM is worth a prize,if he will be right also for the other markets he will become legendary!