I added SLV in after-hours trading due to Silver’s drop to, and hammer at the 50 day moving average. The major daily chart trend (SMA 200) is up and if support holds here the intermediate trend (SMA 50) could turn back up as well. Regardless, with the Fed out of the way after whispering its sweet nothings in the market’s ear it felt like the … Continue reading NFTRH+; a Simple Update on Silver
Monkey see… himself take a small (now booked) loss on XLNX that had once been a very decent profit, Monkey do… sell CIEN for a very nice profit. Simple. Monkey also evaluate the oh so predictable post-engulfing rebound in the sentiment-fueled stock market, making sure to continue taking profits and/or limiting losses before any thoughts of aggressively shorting. Finally, Monkey also hold on to his … Continue reading Monkey See, Monkey Do
It’s all the hype, all the rage in Tech. At least next after the Cloud. Here’s part of the release from Xilinx (XLNX), a stock that I’ve held for months, first at a paper loss, then a very acceptable paper profit (which I failed to take), and now at a fairly small (2.9%) paper loss. I usually conjure my inner Edwin Lefèvre (Reminiscences of a … Continue reading Whither 5G?
Because it’s so important to see this correctly and not pretend we (well, I) know more than we (I) actually do I find it important to look at pictorial representations of history and think about them when I get some quiet time (ha ha ha, like not on Twitter, not reading financial/gold websites and most certainly not watching TeeVee finance and news). So I am … Continue reading Perspective on the Long-Term Gold CoT