Gold thus far holds the support, which can be seen on a weekly chart per a July 21st update. Here is the updated daily for review. Silver is the precious metal we’ve been watching more closely due to its stellar (contrarian bullish) CoT situation and its status at clear long-term support. If we take it in a vacuum (i.e. we ignore the fact that there … Continue reading NFTRH+; Gold, Silver and big Tech
Big Tech is alive and well See? MSFT (I hold it) GOOGL (I don’t hold it) AMD (I hold it) AAPL (I hold it) And so on… Nobody knows the future, but as of today these Tech captains are fine. And it’s not just them. The Healthcare sectors are okay too. The market has recently rotated from the reflationary stuff to the steadier stuff that … Continue reading The news of big Tech’s death has been greatly exaggerated
Way back on August 13th I added GOOGL as its chart was okay, I had a limited bull view of the market (to the now dear departed SPX point 5) and well, it’s Alphabet, a company that I think is fairly awesome. It’s also my largest single stock holding (among many across several sectors that make sense to today’s macro) other than a gold explorer … Continue reading Googling a Lumbering 11%+ Profit
So yes, we have a high risk market and we have a general sentiment situation that has completely erased the bleak hopelessness (another way of saying unsustainable over bearishness) of that dark Christmas Eve morning not so long ago. But also yes, we have had too many good looking charts to actively begin a bearish stance yet. One of those charts has been GOOGL, which … Continue reading Googling a Paper Profit
I would think that I am not the only one who needs occasional reminders about best practices in portfolio management… like taking profits in non-core items for example. To that end, both GOOGL and CRY suffer the profit taker’s axe today. Ref. Friday’s post. CRY was around 20% on this most recent trade and I can’t remember what Google was. It was bought on the … Continue reading Profit Taking is Legal: GOOGL & CRY Edition
To recap a few other stocks I’ve mentioned publicly over time, they don’t all go as well as hysterical little Trixy. There are the bad to go with the good and the ugly. The key is for most of them to go in the ‘good’ category. So here are a few that I hold or have recently sold. I reserve others because they are in … Continue reading Updating Stocks Previously Discussed
We NFTRH+’d GOOGL back on Feb. 17. Since then it has done what I wanted in dropping to support for a buying opportunity. It then did what I didn’t really want and dropped a little further, where I bought a little more. Ultimately, support held after the whipsaw. The pattern is now active and the target is noted. This, like any trade, is pending the … Continue reading NFTRH+; GOOGL (Updated)
A very simple one here for anyone interested in trading a massively popular tech stock. Remember, we are managing an over valued stock market that could be flirting with a blow off scenario. So anything noted in trade updates like this are just that, trades. NFTRH’s pure macro views are what I am most interested in, personally, beyond a trading mentality. GOOGL broke above a … Continue reading NFTRH+; GOOGL
