On NYSE - KRY sp seeing a 75%+ pop in the first hour-plus on 7.5M volume.Could be more to come.Rumors abound of what kind of equipment was sold.Obviously does not seem to matter to speculators.Somebody knows something.
Dow is off and running in another Mutual Fund Monday.Most all of the Market is up, up, and away to open the week in the first hour of trading.This is Options expiration week with today seeing 2012 LEAPS added.Russell 2k chart showing a double top, which may not bode well for small caps.Two biggie earnings reports today - Lowe’s could be a tell on housing, and GM (yep, still around as MTLQQ) on the future of the American automobile. Tomorrow might be a tell on the consumer with numerous retailers reporting.Choose wisely and stay diversified.
Gold is also up, up, and away in the first hour of the trading week for the Market.Opened yesterday at 3pm with a spike and about two hours into Hong Kong was getting all kinds of support, to where at midnight eastern was tapping on $1130, and just moments ago made a new higher-high.Gold continues to be running with the Market.This bunny has legs.
