May 25th 2011 Market Recap with Silver, Gold, NFLX

A tough market which looks like it will continue to move lower with time but there are still good stocks to make money off of. Keep stops tight and take profits early and often.

Stay frosty out there! 8-)

Trend Table
Trend Nasdaq S&P 500 Russell 2000
Long-Term Up Up Up
Intermediate Down Down Down
Short-term Down Down Down

(+) Indicates an upward reclassification today
(-) Indicates a downward reclassification today
Lat Indicates a Lateral trend

*** I’m simply using the indices’ relations to their 200, 50 and 10-day moving averages to tell me the long, intermediate and short-term trends, respectively.