Uranium/Rare Earth Elements on Watch for January 8, 2013

This volatile sector has some risky, low priced stocks that look ready to move higher for a short term trading opportunity.  Charts shown in this post: AUMN, CXZ, AVL, QRM, DNN, MCP

Others to monitor: UEC, URG, URZ, GWMGF

ALWAYS use protective stops to avoid big losses.

Financials Due for a Rest?

The negative divergences I mentioned in Friday's midday post continue to show up today, this time in some leading financials.  As I said prior, I'm not looking for a huge drop from here.  But a pullback is certainly in order given the move that has occurred.

These charts look decent for the longer term, but a slight pullback is needed.