Pre-market futuresPosted: August 31, 2011 | |
Equity futures are up strongly pre-market, with Dow futures up 117 to 11606. Gold and silver futures are flat at present.
Looking for gold stocks index HUI to breakout from its one year range. Above 610 for HUI will be very positive for precious metals stocks as they have badly lagged the gold and silver prices.
Remaining long RIC, RGLD, EXK, and SLW, with a stop 8% below.