Yes it’s time for ‘Gold vs. Cyclical Assets’ again because well, it is making some serious moves. Frankly, looking at these pictures makes it harder for me to hold my gold short but when I look at nominal gold and the potential for market relief and then look at my miner positions I think I’ll just hold on unless the upside parameters as noted yesterday … Continue reading Gold vs…
[edit] Evidently I was not the only one who saw value. A private equity firm has offered a 40% premium on a buyout. I’ll probably take the full profit even though there is a 30 day “go shop” clause in place. The chart says it all. Now I need to go find out what the news is behind this move. It was bought per the … Continue reading Control… Fore! [w/ edit]
Aye aye aye, one look at MarketWatch‘s front page this morning and it’s Trade War overload. What’s more, the public is reading about bull traps, bear traps, shattered uptrends and a ‘sell the news’ event out ahead, post-trade deal. It’s all pretty mind boggling. The US stock market’s uptrend has been shattered, according to technical analysis (Man who stares at charts alert) The US stock … Continue reading Broken Trend Lines, Bull/Bear Traps & “Sell the News”… So What’s Actually Happening?
