This is usually when I give my monthly dissertation about Unemployment lows in the Metals. Typically the unemployment data has historically presented us with a good trad able low. These lows have provided us with great trade location and defined … Continue reading
GLD & SLV Etf’s.. Admittedly I got stubborn with this trade! Definitely the worst trade I’ve had in the past 3 years. I hate taking a great trade in the equity indices and turning it into nothing someplace else. If … Continue reading
We’re Long SPU,NASD,GLD,SLV,AAPL The parameters on this are very very tight! The stop is based off 1292 S&P 500 futures and 2279 Nasd 100 futures AAPL has to remain above 331. Time frame ( Unknown). I could be out tomorrow … Continue reading
We will be flat these ETF’s going home. I.E. We will have no positions in these or any other instruments.
Chart patterns…will the metals hold? Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding… We will need a close today above 1511 in the Gold, and 34.40 Silver, to maintain the … Continue reading
Both of these metals have “Potential” outside reversal weekly patterns to the downside. For now they are holding…We will need a close tomorrow above 1511 in the Gold, and 34.40 Silver, to maintain the weekly patterns. Closes under these levels … Continue reading
I’ll say it now and get it out of the way, that was the shortest long term trade I’ve done in a long time ( JJG). Now new business.. We added to our core long precious metals holdings yesterday. Obviously … Continue reading
We were stopped out of the JJG. We did add to our Long Gold and Silver ETF’s today. We’ve attached a Nasd 100 futures point & figure for a visual. 2220 ish becomes 1st support and remains a pivotal level … Continue reading