Gold stocks have been on a tear lately as gold prices are brushing up against long-term highs. The commodity gold itself may actually be a good buy if it can breakout of resistance. Technical analysis seems to work well with gold's chart here. Some gold and mining penny stocks are listed below that had unusual buying volume today.
CGR SVM SHZ
Some important economic data is coming out tomorrow. The jobs report is coming up. The market has had a huge run and we will have to see if it can be sustained. Valuations on stocks are fairly valued I feel.
Friday, September 4, 2009
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