Intel is nearing the Cup & Handle target of 44 (later revised to 46). I took the profit at around 40 (silly me), which was the big picture target established back in 2014. No complaints, as I’d been long INTC for much of the time since originally buying in the low 20s on the 2014 breakout. I finally took the profit on MZOR this week. … Continue reading 3 of My Old Friends…
Well, I think the red headed step child has been beaten enough, don’t you? Pardon the insensitive old fashioned expression, but the point is that the precious metals have been clobbered as the stock market has experienced increasing bullishness in price, momentum and sentiment. All with 2 months left in the Q4 window that I’d anticipated a change (i.e. top in the market, which looks … Continue reading NFTRH; Gold Sector
At NFTRH, we are about major macro turning points above all else. Of course, it is often years between these turning points or points of significant change so we are also about the here and now, and managing the trends, Old Turkey style.* Since we are all learning all the time, I have no problem admitting to you that while right and bullish on commodities … Continue reading The Big Macro Play Ahead
