Tag Archives: GDX
A.M. Look 3/3/14
Stocks… Nasd 100…look for a test of 3635. Spu’s… staying under 1844-45 is price negative. 1815-18 is the first good buy zone. NFLX…put in an ORL day. 440, 432 are possible bounce levels. PCLN…put in an ORL day. This has … Continue reading
A.M. Look 2/10/14
Stocks… Nasd 100…3524 is support. SPU’s…still need closes over 1800 for higher. The first descent retrace is in the low 1770’s. GDX & GDXJ…have been creeping higher since Dec. They both look like they can rally another couple of dollars. … Continue reading
A.M. Look 1/3/14
Stocks.. BAC…is putting in an ORH week with a close over 15.79. While the pattern looks good I am not a fan of chasing this strength. LNG…as long as this holds above 42.40 close I’m a fan. Spu’s…a … Continue reading
It’s all about the Miners
GDX…30.96 is resistance and the upside pivot for a test of 32.11. GDXJ…50.84 is the matching resistance level and the upside pivot. A close above this level is needed for a test of 55. NEM…34.20 is resistance and the upside … Continue reading
Midday Missive
NEM…put in a terrific low today on a very long time frame chart. We’ll look to buy it tomorrow or on a small pullback against today’s low which is also a double bottom on a monthly chart. BHP…has broken out … Continue reading
A.M. look 7/1/13
Stocks.. Spu’s…are stuck. A new signal will be generated if we close over 1615 or under 1590. GDX… 25.17-44 is first daily resistance. GDXJ…38.48 is resistance followed by 40. No you’re not seeing things! This closed at 9.16 on Friday. … Continue reading
Gold…The Answer is yes!
Everybody keeps asking me the same question. Yes! I am watching it. Today some Wall street firms put out a buy on the Miners and Gold. That was 40 dollars higher and yes I’m looking for a Short Term blow … Continue reading