ARTICLE SYNOPSIS...Since the big uptrend began in March 2003, OEX has formed its second consolidation and this one looks a lot like the first.
ARTICLE SYNOPSIS...Every rally has its cycles. In a bull, prices move up for a period, take a rest and then continue to move higher. Its rest time again for the S&P 500 and traders are watching to see if it will be a brief catnap or deep slumber.
ARTICLE SYNOPSIS...Despite having trouble again at 30, Newmont (NEM) remains in a long-term uptrend and a continuation higher is expected.