Tag Archives: Miners

Daily Market Intelligence 5/27/21

Posted on 05/26/2021

Short Form tonight. More rotation. Spoo stuck in a 20 point range. Copper miners are trying to bottom. Angelo picked up on MP which was great scoop right after the opening. Yra commented on my technical post in response to … Continue reading →

Midday Missive

Posted on 05/18/2020

ACB…The Room locked in money @ 19.40 Powered by SNB buying Indices are coming into target areas as London closes. Algos sold Miners for Risk assets. Newmont is emblematic of the flow. Could be a break to nowhere. Disney call … Continue reading →

Midday Missive

Posted on 06/24/2019

Oil…daily ORL sell stops are @ 56.66. This level will be pivotal for the next swing. LITE, INTC & NVDA are firm. Spoo & Nasd 100 are being bought against the Russell & Midcap. Trailing stops for the Russell …caution … Continue reading →

A.M. Look 8/10/16

Posted on 08/10/2016

I’m giving my VXX trade some time to open before liquidating the trade. In hindsight long Miners or Gold would’ve been a better way to articulate the possibility of some Risk Off. The lower dollar is adding to the bid … Continue reading →

A.M. Look 2/22/16

Posted on 02/22/2016

Stocks… Spu’s….1942.50 is the 50 DMA resistance. Near term support will be at Thursday night’s high of 1922. Midcap…61.59 is the 50 DMA. Both the Midcap & Russell have similar patterns. Bonds.. 30 yr….166.20 will be pivotal over the next … Continue reading →

A.M. Look 1/5/15

Posted on 01/05/2016

Stocks… Spu’s…1990-92 needs to hold on the P&F for another bounce. Closing under 1980 leaves way for a much bigger correction as laid out in the qtrly update. Nasd 100… 4550-75 is resistance. Bonds… 30 Yr. …bonds can lose steam … Continue reading →

GDX…Trade Alert!

Posted on 11/20/2014

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 →

Midday Missive

Posted on 08/12/2014

The Miners are catching a bid with the European Equity sell off. GDXJ…is a low risk buy against 42.40 ABX…is breaking out to the upside as investors in Europe seek safe haven in the metals and the Miners. Both the … Continue reading →

A.M. Look 7/29/14

Posted on 07/29/2014

Stocks… ABX…breaks out to the upside over 18.80. FCX…gains upside momentum over 38.50. MELI…​strengthens with a close over 92, which then gives it potential to reach 100. Bonds 30 yr. Bonds…Price action and a close under 137.22 is needed for … Continue reading →

A.M. Look 7/14/14

Posted on 07/14/2014

Stocks… Spu’s…c.loses over 1970 will lead to higher prices Bonds 30 yr. Bonds…137.00 is near term support and the downside pivot. TLT…112.10 is near term support and the closing downside pivot. FX…     Commodities…   ​Oil…99.83 is the continuation … Continue reading →