New Video: Stock Market Video: Silver, Holday Volume And New Fed Statements

Video: Stock Market Video: Silver, Holday Volume And New Fed Statements
Category: Day Trading
Uploader: InTheMoneyStocks

Quote:

Originally Posted by InTheMoneyStocks The markets are hovering around the flat line today, after a three day weekend. This is classic holiday hangover action. In addition, the markets are already getting ready see what the Federal Reserve will say in their new format policy statement. This will include a press conference by Ben Bernanke. The markets are watching commodities and the Dollar closely. Silver jumped near the all time highs before violently reversing. Swing traders in the Research Center and Intra Day Stock Chat caught this move perfectly by shorting the SLV near $47.00 and covering it in the $44.75 range.