[Weekend Summary]
Dear Member:
The markets were mixed for the week and the NASDAQ broke down through a recent support. While the sky isn't falling yet, a careful eye should be kept on the indices as we get closer to February which is often a lackluster month.
Horizon Offshore (HOFF) had a strong day today and is above my entry.
Yamana Gold (AUY) is slowly climbing up the uptrend line.
Nuveen Senior Income Fund (NSL)continues to behave well and is an excellent income producer.
PPL Corp. (PPL) retreated, but today's candlestick looks like it may be the precursor of a move up from support.
The oil related stocks look like they may be regaining some strength. Much of the rest of the market direction is uncertain.
Have a great weekend.
Bill
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