Article By:
Lance Roberts
Saturday, May 11, 2024 11:10 AM EDT
The breakout above key resistance and the reversal of the VIX suggest that the recent correction is over. But there is a decent probability of another correction before November.
Why Tech Is Giving Me Jeepers – Watch Out, Gold
110min after the U.S. open update: Markets are attempting to turn the (intraday) corner - if it has any legs today, look for oil to lead the way, followed by copper with silver. stocks recapturing the 3,910 level would be a great start really, if you're into (liquidity) miracles. I like the lower knot in $TLT & indecision in $XLK - thus far, the key words here.