Impossible not to ignore the gold move. looking over a few possible additions and maybe just more GLD.
Goldman remains strongly above the $178 ‘tell’ zone for me, but hard for me to believe the stock bolting higher. If it does though great.
The breakouts in tech, metals and healthcare are fantastic. That said, I am lightening up on my Telecom as Cisco and Juniper have had great runs (Cisco, just ok actually) and they have sellers all the way to infinity basically.
Maybe Juniper is just in play down here and that’s why it’s outperforming but a quick 20 percent gain in this market environment is something worth locking in some profits . Sell some when you can as always.
Disclosure – Long GLD, CSCO, JNPR