Have been Short GDX, SPX
Via NUGT and SPXUCorrection goes to about 615 AAPL, 1400 SPX, 50 GDX, 2675 NDX, 13200 Dow.Then I will probably go long China (YINN), NUGT, and maybe NDX.
View ArticleLong Now
I am lightly long Gold, SOX and Solars. I expect to add longs tomorrow, on a little more downside.
View ArticleUpdate
Long SPXUStill long Chinese solarsLightly long NUGT; looking to add very shortlyStopped out of SOXL for a loss.I think the bear market has started and that the target is around 1000 SPX. First target...
View ArticleUpdate - Gold miners and SP
1. $SPXEW (or RSP) and $TRAN are suggesting more strength in the indices.2 I think we make a lower low on the SP500 Monday or Tuesday, with positive breadth divergences.3. This could be followed by a...
View ArticleBig Picture
In the big picture, I am bullish Gold Miners for the next couple of months.I am bearish equities for the next few months. I expect 1000-1100 on the SP 500.Here is one important...
View ArticleSold SPXU at 39.98
SOX and RUT acting well. RSP:SPY indicating strength in the indices. Might go long NDX tomorrow, via TQQQ.
View ArticleWill short Financials on Bounce. Holding NUGT.
Average price on NUGT is 14.8 now. This is my largest position. Looking for 25 or so as final target.Also long AGQ.I am long TQQQ at 50.8 and 48.4. Plan to sell around 51.5 - 52 range.Looking to...
View ArticleLong FAZ, SPXU, NUGT
Will try to go long AGQ on Monday or Tuesday.FAZ at 18.05SPXU at 42.35NUGT (from earlier) 14.8Edit: lowered NUGT cost to 14.6. Will probably lower FAZ and SPXU cost today.
View ArticleSold FAZ, SPXU, Bought more NUGT
Made some change on the SPXU and FAZ, but really hurting on that NUGT.Lesson learned. When stocks really fall, GDX will fall too. Maybe it will fall worse.Bought TQQQ at 44.9. Will go more long at...
View ArticleHave Been Long DUST from 32, STP from 1.0
Sorry about the lack of updates.Will sell DUST around 40.Also long SCTY, STP.Will try to go long TQQQ at around 50.5.There is more upside in equities after pull back.
View ArticleDUST, NUGT, STP, SCTY, TZA
1. Will try to sell STP around 1.52 - 1.552. GDX wants to rise. Will try to sell DUST around 34.5. Sold part position at 37.5.Will look to go long NUGT around 10, part position.3. Looking to go long...
View ArticleWTF is up?
Bearish1. QQQ weekly has been hugging the underside of the middle Bollinger. MACD has a huge negative divergence and about to go below zero. 2. Bullish Percent for NYA shows huge negative divergence on...
View ArticleTrade Update
1. Bought TQQQ on Friday at 49.6.2. Sold SOXS on Friday for a small profit. Did not like price action.3. Bought more NUGT on Friday. Will sell today at 11.70.4. Will try to buy AGQ around 44.5, NUGT at...
View ArticleGold, equities, the dollar
The dollar has bottomed.GDX and Gold are f#$ed.Equities are going to melt up. BKX breaking out. SCTY breaking out, TQQQ bottomed.Bonds breaking down.I will trade accordingly. Looking to buy DUST...
View ArticleTrade Update
Update: Will sell DUST today. Bought at 33.7. Will try to sell around 35.2. Strong, potential, positive MACD divergence on GDX and some miners - AUY, GG, SIL.I'm currently looking for a tradable ST top...
View ArticleCautiously long PMs
I know, I know, I said PMs were F-ed. But price action is king. What do I know.We'll wait and watch.Also, I am going long the Qs during this consolidation. I will be looking for a top in the SP 1480 -...
View ArticleLT view
The SPX is in the beginning stages of a medium-term advance.I know this must sound totally weird, as many people think that we are toward the end of long bull market advance, that began in March...
View ArticlePMs Not Acting Well
I will get out of PM longs within a day or so and consider shorting.Looking at the weekly chart, the current multiple-week advance in miners looks like a bear flag.
View ArticleShort IWM and GDX since 1050 Russell, 29.7 GDX.
First targets 980 Russell and 26.5 - 27 on GDX.I plan to go long AAPL at 475-484.
View ArticleRoadmap
We are nearing a minor, ST top in the market, which may have come today, or will come on Monday, December 2, around SPX 1820.After this top, NFLX should come down to 350, RUT to 1120 to 1130, AAPL to...
View ArticleMonday, 2/1/2016
/ES Daily Range - 1915 - 1950sell 1936 (day), 1946 (day), and then 1949 (day)Buy 1915 (day) and 1900 (swing).
View ArticleWeek of 10/26
New Post. Let's try this again.Silver has broken out from TL, along with Gold and GDX. This is a strong break, including on the weekly chart. I would expect a little consolidation then shoot up.Will...
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