iShares Silver Trust – SLV hover over support
The iShares Silver Trust (SLV, [stock SLV]) is hovering around strong support at the $25.40 level.
ETF
Patriot Problems Pressure Coal ETF
Things are really going to worse from bad for the Market Vectors Coal ETF (KOL [stock KOL]), the dominant exchange-traded product devoted to coal stocks, this year. Shares of Patriot Coal (PCX [stock PCX] are off more than 54% today on chatter the company may have to seek bankruptcy protection and there’s speculation Patriot has met with restructuring advisers, perhaps a sign the company won’t be able to meet its
Taking advantage of gold’s bounce through the iShares Gold Trust -IAU
Looking at the gold charts today we find a solid bounce off support at $14.90 on the iShares Gold Trust (IAU, [stock IAU]). iShares Gold Trust has been in descending channel since early February dropping over 14% since before bouncing off solid support
Mid-Day Energy Market Update
The bears trying to take control forcing stocks lower and the S&P 500 lower towards this morning’s level and forcing the NASDAQ to session’s lows.
Tuesday Pre-Market Data
Tuesday’s Pre-Market Movers
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