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Turning to Dust

If you want to understand Weekly Trading click here

Stocks are staring at the 2200 SPX level and blinking.  Since there is no real impetus to drive things higher buyers are content to sit where they are and wait.  For some reason the Yellen at Jackson Hole speech is starting to take on meaning.  With a market lacking meaning anything is a reason to move us.  Gold and gold related names like the miners are getting hit hardest.

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MYL gets stung

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2015 gave us VRX and the corporate perp walk of the year as the CEO got grilled for jacking up the acquired drug prices.  Congress gave VRX the smear job and the stock lost 90% at the low earlier this year.  My blog of last week talked about VRX and yes it is time to buy juice in there again.  That is not my subject. Congress might have a new dog to beat and the name is MYL.

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