The Traderszone Network

Published in TZ Latest News 12 December, 2014 by The TZ Newswire Staff

Good News Fails to Inspire Stocks – GLD Forms a Bull Flag

Stocks got good news with the employment report last Friday and the bounce was rather tepid. Stocks got more good news with retail sales on Thursday, but failed to hold the bounce. The inability to rise in the face of good news is negative. Perhaps the stock market is starting to focus on the plunge in oil prices and the negative ramifications. While I think the positives outweigh the negatives…