About an hour before the US/Canadian Markets open...
On AMEX - KRY sp had a kick up of a hundredth of a penny for yesterday's close. 14DMA is in the ever so slightest of up-trends, while the 50 and 200 are diving. Eventually they all will meet and then things could get interesting. Technically is all flat and looks to be beginning a holding/consolidation pattern. A PR on financing, or any PR, would change the trends.
S&P Futures trading suggests a strong opening. Of course, I noted this in the past and news, or Uncle Ben, has trumped the prediction. Beige Book says economy getting better. Probably from all those folks who used their home as a ready-teller and spending their HELOC money which might help the... Retail report out today. And just when I decided to close a position on M. Oh, well. JOYG missed so mining equipment sales apparently not well. Overnight, crude and Brent crude fell back. Interest rates were higher, with the 10-year Treasury yield up from Tuesday. Friday is the Jobs Report. BUD reports today, so will see how our alcohol to blood level is doing. Be careful and stay diversified (including your choice of adult beverages).
Gold on a tear. But, overnight someone sold big after close of Sydney. Cost averagers came in but then trending back down after Hong Kong closed. The last couple of days, London has been running gold up into the open of the US Market, but not at this moment. Still uncertainty about Libya, Tunisia, Yemen, Iran and on and on. Silver up to a new 31-year high. World news will do these sorts of things.
PDAC begins, runs March 6-9 (Sun-Wed). Check-in begins tomorrow (Fri). Could reveal possible M&A's in the near future.