|Day Low/High||1.66 / 1.74|
|52 Wk Low/High||1.55 / 3.54|
It's a mistake to declare the action as either bullish or bearish.
It is important to keep in mind that this is highly correlated action right now.
The indices may test intraday lows, which we haven't seen at this point in the day in a very long time.
If the market is looking to correct, election worries are a convenient excuse.
It's challenging to put cash to work but I'll keep digging.
The bears are trying it out on the Bank of England news today, but they may get squeezed.
These two names are cheap as stand-alone entities, but could also provide possible 'buyout kickers.'
Some smaller miners appear to be etching the beginnings of potentially constructive trends.