Gold looking decent this morning but miners look shitty. USD/CAD messing it up I think?
Gold looking decent this morning but miners look shitty. USD/CAD messing it up I think?
https://www.cnbc.com/2018/02/04/what...rkets-now.html
This market pull back is a good thing and statistically, great chance it rolls up into the positive in a few weeks.
what a perfect script. this reversal is even more impulsive then the last one. should turn in to some sort of MT bottom here. line in the sand is todays low, then off to the races againThis quote is hidden because you are ignoring this member. Show Quote
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2019 IS350 AWD
20xx NX350 AWD
SilverRex
Where do we stand on GDX/GDXJ ?
no change from the last chart. expecting bottom to land some where between here and no lower than 22.45 for gdx. if price closes below 22.45, it might turn in to something else. but over all, miners looks like a healthy 5 up (from Dec low) and 3 down to where we are. I am waiting if there is one more swing lower towards 22.50 to add another positionThis quote is hidden because you are ignoring this member. Show Quote
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2019 IS350 AWD
20xx NX350 AWD
Yeah almost perfect call.This quote is hidden because you are ignoring this member. Show Quote
I see how impulsive everyone is jumping into ACB. I was a big supporter of them early on but currently, they're so over pumped, just don't get caught holding the bag. Everyone thinks they bought a "blue chip pot company".
Crazy swings on ACB today. Yes let's see $15 by Fri haha
just noticed the gdx to gld ratio has broke the Dec low. this is concerning because it would simply there are further downside for miners. As much as I hate to do this I have to set a mental stop on gdx. If it closes below 22.45 I am going to exit my leverage.
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2019 IS350 AWD
20xx NX350 AWD
US stocks are all down 4%+
good time to buy some more US tech stocks?
Not to cast any fear, but Warren Buffett is sitting on over $100 billion in cash in anticipation of a massive crash.
The Shiller PE ration is insanely high right now.
Majority of my portfolio is cash, I share the same view.
Curious how much 100 Billion represents as a % of his portfolio...
More interesting to me would be to see it monthly over a longer time period.
Crazy. I better start saving cash to average down on the indexes then haha
right now based on counts, the bull market is far from over. any big correction is probably just a larger wave 4 sequence. e.g. we probably just topped a wave 3 of 5 of (3) so yes a good opportunity to load up. im gunning the 200 day moving average. what is more krazy i think is that the margin call probably caused some companies to go under.
Last edited by SilverRex; 02-05-2018 at 07:17 PM.
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2019 IS350 AWD
20xx NX350 AWD
Weird day. Saw some crazy movement on some stocks that dont see any movement traditionally. CHR for example fell 30-40 cents, and then rebounded which is a stock that traditionally has weathered every market storm in the last year without any significant movement. My mining stock was up pretty good, then down huge again out of no where, and then ended the day positive.
MJ was all over the damn place too lol. down big on open, a hour later everything was up big, and by the end of the day stuff pretty much was up good for the big guys, leveled out for the midrange, and down more for the little guys or the wonky guys. doja aka hiku, was down a lot surprisingly.
XIV SVXY
watching to see how this opens tomorrow. someone please coles notes me as to wtf happened there afterhours?This quote is hidden because you are ignoring this member. Show Quote
Instagram: aka_drinkawaythepain
Source?This quote is hidden because you are ignoring this member. Show Quote
http://lmgtfy.com/?q=Warren+Buffett+%24100billion+cashThis quote is hidden because you are ignoring this member. Show Quote
natgas
finally got under 3 again. the 61% fib level from 2.55-3.5 yields around 2.91. adding a 2nd position here
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2019 IS350 AWD
20xx NX350 AWD
GDX has fallen below. I'm actually exploring what might be a good time to enter GDXJ.This quote is hidden because you are ignoring this member. Show Quote