Silver showed some topping behavior, and after an unbelievably good run its time to preserve profits in the face of intraday selling pressure. Maintain a core position in silver, and revert to tactical trading in both directions to take advantage of the uncreased liquidity
Best swing trade candidates on the basis of reward:risk ratios:
- Google, Inc. GOOG
- Goldman Sachs Group, Inc. GS
- Wells Fargo & Co. WFC
- VIX VXX
- Bank of New York Mellon Corp BK