General Stock Ideas

[gfp927z]

SC, FLO starting to break out, now up to mid 16s, so a good sign. Near target is the 200 MA at 16.80 (resistance), but once thru that then could work back up into the 17-18.5 range over time.

GS and XLF still creeping higher, and I'm thinking another 10% upside is possible in the near/mid term. That's what the charts are suggesting anyway, we'll see.

Nice bounce in silver, finally. The Dollar is starting to ease some after its big surge in Nov. We'll see if the dollar can hold 100. The longer term dollar chart looks like it might conceivably work its way to 110 in 2017, depending on how aggressive the Fed is in raising rates. Rickards says they desperately want to normalize rates, at least as much as they can get away with, and they'll use the Trump rally to do it.