The Traderszone Network

Published in TZ Latest News 8 May, 2015 by The TZ Newswire Staff

Short-Term Trend Analysis 08-May-15

Stocks bounced and the major index ETFs closed modestly higher. Eight of the nine sector SPDRs were up. Energy fell because oil was down sharply. The decline in oil boosted the Airline ETF (JETS) and this helped the Transport iShares (IYT) to a 1.11% gain. Commodities were down pretty much across the board with big declines in Natural Gas ($NATGAS), the Palladium ETF (PALL) and the Aluminum ETN…