Daily Market Update 13th July 2016
Asian shares near 2016 highs as risk appetite improves
Asian shares near 2016 highs as risk appetite improves
Serge Berger of TheSteadyTrader.com is looking to short gold using the GLD ETF.
Berger says that gold has risen for the past six weeks and although he is not bearish on gold as such, he thinks that gold is overextended in the near term.
So Serge Berger is looking to short GLD at $135 with a target at 1$27,50 and a stop loss at $132,50.
NOTIFICATION ON NON-INDEPENDENT INVESTMENT RESEARCH AND RISK WARNING
Oil prices rise on Iraq loading worries; bearish investors cap gains
Asia stocks hit four-week high, look forward to stimulus
Jobless claims, hiring data brighten U.S. labor market view