Monday, July 02, 2007

Late Day buying, Low Volume

That about sums it up...A weak dollar performance vs. the CHF and EUR last week has implications for dollar denominated assets. The Basic Materials sector was on fire today with big gains for PENX and some strong momentum in Entree Gold Inc (EGI).
By the way, Gold was up over $8 today at $659.20.
Very active trading and solid gains for;
FCX
AA
RIO
ATI
MON
In case you haven't noticed, solar plays are on fire lately as well. I'll add some charts later on.

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