Thursday, April 23, 2009

Market Update

After yesterday's trading it changed the picture somewhat on the markets I typically comment on. I'm somewhat bullish sp's from below 843 and bearish crude from above 49.50 for the day.

As for the dollar, it seems to have ran out of steam for now which probably has contributed to some support in gold. I'm neutral both.

There is a substantial risk of loss in trading commodity futures, options and foreign exchange products. Past performance is not indicative of future results