What’s Up, What’s Down: Bull Trend in Precious Metals
Comments for Thursday, September 30, 2010
Looking Ahead to Today by Reflecting Back at Wednesday’s Price Action
Futures and options trading is speculative in nature and involves substantial risk of loss. Futures and options trading is not suitable for all investors.
METALS:
Higher closes for copper, silver, gold and platinum. All of the metals still are in strong uptrends with copper making its best high and close since April 12th while silver since March 5th 2008 and platinum May 18th. Gold continues to make CONTRACT HIGHS AND CLOSES since it appears the general populace has little faith in our economic future at this time. BUY SIGNALS FOR COPPER, SILVER. GOLD AND PLATINUM. CALL FOR DETAILS!
Is open-outcry going away? Do you know exactly how much futures trading is executed on electronic platforms like Globex? Download my Trading Volume report at https://www.zaner.com/3.0/ralexVolume.asp (or copy & paste this link into your browser).
Rick Alexander has been a broker and analyst in the futures business for over thirty years. He is a Vice-President for Sales and Trading at the Zaner Group (www.zaner.com) a Chicago-based futures brokerage firm. Email Rick at ralexander@zaner.com.
The information in this Report and the opinions expressed are subject to change without notice. Neither the information nor any opinion expressed constitutes a solicitation by Rick Alexander or the Zaner Group of the purchase or sale of any futures or options. Futures and options trading is speculative in nature and involves risks. Spread trading is not necessarily less risky than outright positions. Futures and options trading is not suitable for all investors.