Day: February 3, 2021

Misc, Stock Market, US

US Firearm Background Checks Accelerating

From the FBI Website, US Firearm Background Checks Accelerate It’s no real surprise, given the flashpoints we’ve endured in this country over the last several months and the January 6th climax. But look at how Americans are gobbling up those LtCs. I am not sure if this is data on first time gun owners or including people like me who have to renew every 5 … Continue reading US Firearm Background Checks Accelerating

Gary
market sentiment, Precious Metals

The Public No Longer Loves Itself Some SLV

Sentiment is being addressed in decisive fashion in silver/SLV For the record, I tested the play in spite of my gut telling me these clowns were leading lemmings to the slaughter [edit] off a cliff probably works better. I took my loss quickly and like a man. Moving on… You never but ever but never ever ever follow a gold or silver bug who’s on … Continue reading The Public No Longer Loves Itself Some SLV

Gary
NFTRH Interim Updates, NFTRH+

NFTRH+; Gold’s Technical Picture

With all the drama centered on silver lately, the boring old monetary metal can get overlooked. So let’s update gold. The daily chart shows the most recent head fake that sure must be frustrating for those cheering the gold price. Gold is back below the down-sloping SMA 50 and also the up-trending SMA 200. The low-mid 1700s is our support target as shown. RSI and … Continue reading NFTRH+; Gold’s Technical Picture

Gary
Financial Markets

Oh Boy, There Goes GW Pharma (GWPH)

Jazz to Acquire GW Pharmaceuticals A nice little surprise this morning. UPDATE: Jazz Pharmaceuticals to acquire GW Pharma for $7.2 billion in cash and stock, GW soars 46% premarket  From the NFTRH Trade Log just 2 days ago… “Added GWPH on the pullback. I think I made a mistake in selling previously.” Sometimes you get lucky. I had taken a previous profit on it while … Continue reading Oh Boy, There Goes GW Pharma (GWPH)

Gary