Tuesday Radio Investment Advice

Rallying - North American markets are up about 1/4% at this point. Energy and materials are driving it.

Reversing - Stock markets were lower at the open today. Consumer confidence fell more than expected in the US and North American markets were down more than 1/2%. One company with news is Research In Motion Ltd. They announced a couple of big changes - including the unveiling of a tablet computer to compete against Apple Inc.'s iPad. RIM is down almost 3%.

Trading Opportunity -Technically gold has alot of momentum in it's price reaching historical highs of late. Gold tends to run until late September and into early October. The reason being the upcoming festival and wedding season in India and European Central Bank controlling sales of gold throughout the year. Another issue that could be driving gold this year is competitive currency devaluation. Despite it's technical strength golds shine may come off. This is a trade you want to watch. If you have any questions call me at 868-5525 or visit yourlifeyouplan.ca.