Big Profit From GS and EBAY But Higher Jobless Claims

It could be an interesting day…

Goldman Sachs posted a better than expected 4th quarter profit and Ebay also posted better than expected 4th quarter profit, both significantly beating analysts’ expectation.

SHORTS Win today!

Yesterday, I posted that Gold will go down from $1220 level and it did just that today. If there are any sluggish recovery signs in the unemployment number tomorrow AM, then there will be a significant downturn in the stock market including Gold. However, it will not go down continually. It will present a great opportunity to enter the Gold market as well as some of ETFs.