Technical analysis on the U.S. stock market, select sectors that stand out as well as gold, GDX & the US Dollar. Covered in the following order are the outlook for the US dollar, gold & the precious metals sector via EUR/USD, /GC (gold futures), GLD (gold ETF) and GDX (gold miners ETF); the near-term outlook for the biotech sector via XBI along with an update on the CELG (Celgene) active trade; crude oil & the energy sector via /CL (crude oil futures), XLE, XOP, XES & a few individual energy stocks that stand out as potential trade ideas; analysis of the US equity markets via QQQ, SPY, IWM along with a few of the top components & some developments to watch for this week.
Stock Market & Sector Analysis (video)
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