- Airlines were up 6.1%
- Platinum & Precious Metals up 4.49%
- Gold Miners up 2.13%
- Renewable Energy Equipment (Total stock market) up 6.9% ($DWCREE)
- Mortgage Reits up 2.19%
- Apparel Retailers up 1.19%
Losses were: - Xle Energy sector down 1.54% (Watch for drop Below Cloud)
- XLU utilities sector down 1.43% (Bearish)
- XLK Technology down 1.01%
- XLI Industrials down .63% (Bullish, but looking like a pullback)
The Uranium Sector looked like it has some interest last week, The best looking chart in my opinion is URZ. URG is getting a lot of publicity, and i think CCJ may have finished it's first wave up.
I like Dennison's Chart as well, it's looking like it may be setting up an Harmonic Pattern but the Lagging line as already broke the cloud and has had a pullback.Technicals look like more to go is the reasoning for the Harmonic Pattern.
URG Weekly is looks to be trying an Break-out. Possibly this week.
URA's (ETF) Weekly RSI & DMI look very bullish, but lagging line hasn't Broken out yet.Candles are above the Cloud and there's a Descending Triangle (weekly) with an Rectangle Bottom (Daily chart).
Sunday, January 5, 2014
The Week ending 1/5/14
Checking the Stats of the S&P sectors of the week most notable were:
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