Adjust and Keep stops in place…

Adjust and Keep stops in place…

Suggested to buy TBF when rates were on a 17-year support line  (see post here) , with a 4% trailing stop. Since then rates rallied and now have fallen back, getting very close to the stop. For Aggressive investors, the inverse Basic Metals ETF (SMN) was purchased...
What would you do…Quiz Answer

What would you do…Quiz Answer

Posted the chart below asking “what would you do at (1)?” Thanks for all the emails from around the world.  Great thoughts for sure.  The majority felt like it was time to buy since this ETF was on support at the bottom of a falling wedge. Below is answer...
Fickle Finger award…

Fickle Finger award…

In the hit TV show “Laugh In”  the host Rowan and Martin would give away the “fickle finger of fate” award.  This award crossed my mind as I looked back over the past 5 months, to the first of June. At that time…The Euro was tanking, PIGS...
Grrrr…..ressive play!

Grrrr…..ressive play!

 CLICK ON CHART TO ENLARGE I will start off with an “IF!”    IF the dollar is at a low and rallies, what usually happens?  Stocks and Commodities often struggle  (see “Good, Bad & Ugly post).  What ETF is a combination of a stock and a...
Looking outside of Gold/Silver

Looking outside of Gold/Silver

Wanted to “look outside” of the  Gold/Silver complex for potential clues about basic metals and maybe the economy. Below is a current snapshot of Palladium. Palladium is facing Fibonacci 50% retracement resistance at the top of a rising wedge and a...