This isn’t working out, however Gold just broke to the unemployment lows and held. Since most of you private wealth guys are trading the GLD and not the futures we’ve resisted getting in and out. Per the chart, Gold needs … Continue reading
Unenjoyment with the French elections and “Full Moon Trading” to complete the weekend Trifecta On Saturday, the United States will be treated to a “Supermoon” event — an evening where the full moon appears at its largest and brightest in … Continue reading
102.27-39 is where the intermediate support and stops line up. Again the big macro stops are around 102 AUD/USD. With the rate cut, the forwards have moved in. The futures are trading an app. 46 point discount to cash. We … Continue reading
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
Gold & Silver…yesterday’s lows were great in both. Now we have to see if we hold those lows on the unemployment #( which have typically been the lows for the rest of the month). Moreover, the gold needs to close … Continue reading
The game plan for the equity indices is to sell remaining long positions this A.M., on strength the first time up into the mid to high 1340’s based off the Spu. Take your money and wait. AUD/USD…107.70-90 ( app 106.70-80 … Continue reading
Many of you have positions in the Miners in varying degrees. After a few days of pain they’re preforming well today. Those of you who are in should stay the course, and we’ll continue to monitor the price action over … Continue reading
Our bets have been placed. Hopefully, you longer term investors took down most of your “risk on” exposure. The stops have all been paid for across all asset classes that we are involved in. Leave all your closing stops working … Continue reading