Stocks closed near unchanged on Wednesday a day after Wall Street's best rally since March, as the oncoming debt ceiling deadline overshadowed strong earnings from Apple Inc.
The Dow Jones industrial average .DJI lost 15.51 points, or 0.12 percent, at 12,571.91. The Standard & Poor's 500 Index .SPX shed 0.89 points, or 0.07 percent, at 1,325.84. The Nasdaq Composite Index .IXIC fell 12.29 points, or 0.43 percent, at 2,814.23. (commentary & photo courtesy of Reuters)
The RSI portfolio took a bit of a hit today, but it was minor. After the market close, there was a new buy pick:
This past weekend I have been physically examining a large number of ETF charts, looking for potential buy candidates. Of the promising candidates the precious metals have been outstanding. I was glad to see this ETF on today’s buy list. My only problem with this pick is that it has been quite strong in the last three weeks and I would like to see some sort of a pullback before I buy it.
Catch you later.