Fed rolls over, gold miners shake off the doldrums and ramp. Some people probably buy the news and get steamrolled. Back to square one, which on a daily chart is a flag to fill a gap. Here’s the micro view of today’s goings on. Now GDX has to try to push its cart of rocks back up the hill. Got to love FOMC day. An … Continue reading Gold Miners Ride the Post-FOMC Roller Coaster
Okay speed readers, prepare to read the statement and spring into whatever action it demands! Oh, wait, never mind. The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. The coronavirus outbreak is causing tremendous human and economic hardship across the United States and around … Continue reading FOMC
I have been watching the medical device sector launch upward (largely on the back of Intuitive Surgical, ISRG). As such I put two lagging but prominent stocks on radar, MDT and BSX. MDT lagged in part by what drove ISRG; namely, that regulators have increased some barriers to entry to Robotic Surgery, which evidently dinged MDT (which acquired Mazor Robotics a few years ago). MDT … Continue reading NFTRH+; 2 Medical Device Companies
One downside of being a 7 day a week worker is that so much of American culture slips by me. Wait, that is probably an upside considering the perma-stupid gaining an upper hand in this country. Anyway, I hear “Karen” this and “Ken” that and think there’s some kind of a meme out there but I don’t really know what it is because I am … Continue reading #karens
