Good Insurance?

  • May 15, 2001
  • Dave Landry

As mentioned recently, most sectors still remain
choppy and range-bound. For the nimble, you might look to go long at the bottom
of these ranges (with a stop just below) on signs of a rally.

Insurance
(
$IUX.X |
Quote |
Chart |
News |
PowerRating) appears to be
breaking out of a shallow pullback. Look for buying
opportunities in calls and call spreads here.

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Gold and silver
(
$XAU.X |
Quote |
Chart |
News |
PowerRating), mentioned recently, still looks poised to rally out of a pullback. Continue to look for buying opportunities in calls
and call spreads here.

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Best of
luck with your trading on Wednesday!

P.S. Reminder:
Protective stops on every trade!

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