Market Rally 3/18/2018 - Thanks Ms Yellen - Greatly appreciated
CORRECTED LINKS..IN THIS UDPATE..Well today's Fed output (scientific term) was all but nonsense and as expected - the markets had done a classic bear trap and sucked everybody in. Our expectation was to stay net long and our picks from our blog this past week was right on the money - Euro rallied, Gold rallied, Oil rallied and the Fed will keep blowing bubbles till it learns a lesson it will never forget - till then keep partying.
We mentioned the XLU, SO, PCG, LLY and BIDU in our blog this past week and as part of our holdings - all of these stocks rallied hard today - staying long and going long more on BIDU or LLY..
Here are the charts:
www.trucharts.com/stockview.aspx?TICK=LLY
www.trucharts.com/stockview.aspx?TICK=BIDU
www.trucharts.com/stockview.aspx?TICK=XLU
www.trucharts.com/stockview.aspx?TICK=SO
www.trucharts.com/stockview.aspx?TICK=PCG
Good luck trading.
Founder/CEO
Trucharts.com
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