From an earlier NFTRH+ subscriber update featuring a bunch of bullet points on today’s market… Pot stocks, the US based ones anyway, have been ramming ever higher. I think that is with good fundamental backing. But now I buy a ‘shroom’ stock less than 3 weeks ago and today it is +218%??? Please. This is speculation and vigorous speculation is a feature of end stage … Continue reading Mind Med (MMEDF): Trip Over
This is how sentiment works Josh Brown is right that sentiment is following the stock market’s price activity. Not the other way around. Beginning in March, investors reluctantly came to the table completely terrified. The long grind upward has produced today’s terrible contrarian sentiment readings. But sentiment is not a timer, as these two guys make clear in their interesting back and forth about the … Continue reading Enjoyable Conversation on Sentiment @ the Reformed Broker
So above you see a sensational headline that thinks it is making a grand prediction for you. Well, it does not know any more than you or I. But it is noting an environment that has the earmarks of an end stage rally. These include… Uranium’s attention grabbing blast off out of nowhere. We were among the first to pick up on it, with your … Continue reading NFTRH+; Ending Stages
Listen, all too often I fail to have the patience required, especially when I am managing risk. Yet truth be told, a risk-managed lack of patience has saved many a steep loss as well. But I stuck with ALXN due to the daily chart’s higher low, the weekly chart’s potential bottom and my relatively positive view of the company itself. Here’s the daily chart, in … Continue reading ALXN: Why it Pays to Have Patience
Short-term headwind against silver courtesy of SeekingAlpha Note that this article was written before silver recently slid back below its daily SMA 50. See Silver is Back Did it ever go anywhere? As the stock market continues to fly in the face of gold and silver bugs, not to mention market perma-bears… …they have not given up the ship and thrown in the towel. I … Continue reading Bad News for Silver, Courtesy of Seeking Alpha [w/ edit]
