Both the S&P 500 and Nasdaq registered a bearish distribution day on Thursday. Prudent traders may want to consider tightening stops on existing long positions with significant correlation to broad market direction.
Mr. Market always has his tricks. What if he's preparing a run on the dollar, and a big blow-off in the gold market before the sell-off in other assets?
Alternative energy is one industry that has suddenly started showing a lot of relative strength, indicating that institutions have begun rotating funds into the sector.
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