Precious miners consolidating.
This is going to be a short Dow Theory post, since time is in short supply.
Furthermore, it is likely that I am not going to post on a daily basis. However, I keep monitoring the markets, and should trends (primary and secondary) change, I would alert you through my blog.
Stocks seem to have momentarily taken a breather. However, it is still too early to declare any change of trend.
For a more in-depth analysis of the trends for the SPY, Industrials, Transports, gold, silver and their miners ETFs, I refer to this post:
The Dow Theorist