This morning, the leading airline stocks are trading slightly higher at the start of trading session. The airline stocks have showed good relative strength since December 2012 when this sector broke out on the charts. At this time, the airline stocks look to be range bound. Should this industry group begin to consolidate further on the daily charts they could be building a base to trade higher. Traders that want to track the entire sector can follow the Guggenheim Airline ETF (NYSEARCA:FAA). Currently, the FAA is trading into a double top on the weekly charts, so without consolidation on the charts the airline stocks will likely be range bound in the near term. ...

This morning, the leading gold mining stocks are declining at the start of the trading session. This important sector can be followed by viewing the Market Vectors Gold Miners ETF (NYSEARCA:GDX). Today, the GDX is trading lower by 0.50 cents to $28.59 a share. It is important to note that GDX is still trading above its recent low of $26.24 which was made on May 20, 2013. Should the GDX rally from this current level there is still a good chance that the upside gap fill level at $32.22 could still be a possible target. The key for the GDX is to remain above the recent low of $26.24 on a daily chart closing basis. Should price fall below that key low then there could be much further downside in the cards for the GDX. Day traders can watch for intra-day support around the $28.40, and $27.90 levels.

Point Roberts, WA/ New York, NY - June 10, 2013 (Investorideas.com Newswire) Investorideas.com staff: Investorideas.com, an investor research portal specializing in sector research for independent investors reports on Marijuana stocks in the race for Marijuana vending machines.