Tag Archives: Junior Miners

GDX…Trade Alert!

BUY 40 GDX 5 DEC 14 21 Calls I want to get a little upside exposure in the Metals. This is an Opening position. The market is 36 Bid @ 40 Offer. Try to get them mid market or as … Continue reading

A.M. Look 7/1/14

Stocks… GS…resting sell stops are @ 166.35. 166.65-78 is 200 DMA & trend support. Nikkei… is attempting to break out on the qtrly charts to the upside. A close over 15,500 is needed for more upside.  The low of the … Continue reading

Gold…Miners…Equity Indices

Gold has shown lots of volatility. June (M) Gold expires today. July (N) is now the front month. While there is not any trade location I can sink my teeth into in the Futures, I like the metals ETF’s as … Continue reading

Metals & Miners….Food for Thought

The Gold and Silver are attempting to confirm higher. Some of the names might be much better plays (depending on your proclivities) via call spreads or direct long positions versus outright’s in the metals AGQ…double long Silver…the 200 day is … Continue reading

GDXJ Chart | Metals

The worst looks over for the metals… Nem as well as the mining etf’s are showing a tradeable low that will be confirmed with closes above yesterday’s highs

GDXJ…Trade Alert!!!

We’re BUYING the Junior Miners (GDXJ) @ the Market!!. The first tgt is 23.57. Gold has put in an ORH day. We recommend having some in your portfolio. We’ll look to get some on against 1650 over the next couple … Continue reading

Position Update MCP…GDXJ…

You should be stopped on the miners (GDXJ) if you got involved today. MCP…This bad boy is up 9% on the day! If involved you should be down to no more than a token 20-25% position with a break-even stop on … Continue reading

Gold Miners…Molycorp

Any investors or shorter term players that got involved in these names today should use stops 15 cents below today’s current lows. 29.80-30.00 is first good resistance in MCP…Risk should be reduced at these levels. Meaning…take some profits!.. GDXJ…27.39…then 28 are … Continue reading

MCP…FCX…Miners

The metals are clearly in play. It’s time to start looking at the miners with the lowest risk profiles. Molycorp and Freeport both look good against today’s low. Put these on a buy on a break list, against today’s lows. … Continue reading

Position Update…General Comments

We got stopped out of the GDXJ on the opening and it’s done nothing but rally all day. Screwed the pooch…redux! If you put your trade in as a “stop close only” you’re still in and looking good. SDS…This ETF … Continue reading