There is a new narrative for investors
Today with Chris Temple touch back in on the follow-through from crude after yesterday’s 9% pop as well as the continued selloff in bonds around the world. When you look at the markets in a broad sense there seem to be a lot of disconnects recently which we consider to be a good thing. There is a new narrative for the markets and investors need to take note.
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Exclusive – How Putin, Khamenei and Saudi prince got OPEC deal done #OIL
Thu Dec 1, 2016 | 10:31am EST – By Rania El Gamal, Parisa Hafezi and Dmitry Zhdannikov
http://www.reuters.com/article/us-opec-meeting-idUSKBN13Q4WG
Fire at Eni refinery in the province of Pavia, the witnesses:
“A ball of fire tens of meters high”
“And ‘one of the largest in Italy, is located in Sannazzaro de’ Burgondi. The notice to the residents: “Do not leave home”
Insurance claim….
Precursor to the Italian referendum vote.
8 Italian banks could collapse if the prime minister’s reforms are rejected
Will Martin – Nov. 28, 2016
http://www.businessinsider.com/italy-banks-collapse-renzi-referendum-2016-11
Copper concentrate supply in China tight, main smelters following 2017 benchmark TC/RCs
Hong Kong (Platts)–1 Dec 2016
Gravel at the swamp…..
Maybe instead of draining the swamp they should just fill it with gravel until the gators leave (?)
I recommend Nicola Mining’s “Sand and Gravel Property” for the job:
I think they should get stoned, on swamp juice ..
Or swamp grass
I thought they were just full of swamp gas generated from political hot air?
Swamp Gas: To Be, or Not To Be: That is the Question.
The Tale of George Washington’s Swamp Gas
“I for one, welcome our new Swamp Gas Over Lords”
http://s220.photobucket.com/user/JiMMM60/media/swamp-gas-demotivational-poster–1.jpg.html
Massive oil fire in Italy…zero hedge
Seems like there was a massive fire the last time OPEC decided to lower production.
Yep that is the Fire at Eni post up above. 🙂
You’re correct
What a mess. I blame Johnny Cash….
Lithium Outlook 2017: Analysts Weigh In
Jocelyn Aspa • December 1, 2016
The Investing News Network spoke with analysts in the lithium sector about 2016 trends and what’s in store for the market in 2017.
Silver wants to go higher….
Anyone playing UVXY today? How about YOU Shad?
Yep. But I’m still a bit underwater in UVXY because the strength in the general markets caught me on the wrong side of the trade. I’m hoping stocks crash a bit more so I can get an escape hatch out of the trade (maybe with a little profit to boot).
I netted some coffee money today on a FIFO trade on UVXY. Bag holding on 2 other positions. Average of 13.64. Robinhood lets you average down with no commission charges and they keep your average when you sell your new shares. On Scottrade they bump my average back up after the funds settle if I use this strategy.
I just don’t understand how that Robinhood platform can stay in business allowing you to do that, unless there are some high fees built into other areas like options, reorganizations, transfers, etc…. I’m working towards getting everything swapped over to interactive brokers by the beginning of 2017, but it’s a process, and I keep trading stocks or adding positions instead of liquidating them or leaving them alone to have them transferred over from platform to platform. Yes I’ve used TD Ameritrade and Scottrade as well and you can’t do what you were mentioning with holding the average. They use the FIFO model and adjust the remaining cost basis accordingly.
Hey Cory….I told you gold was only doing a dead cat bounce!
I told you months and months ago.
Long before anyone here got a clue to the pattern that was in play.
And I said so unequivocally in many dozens of detailed posts. The morons who populate your site would hear none of it though in spite of considerable technical evidence I put forward (all of it original material naturally). Since I know you won’t publish this post I have addressed it to you alone.
Just to tell you I am putting another big, fat feather in my cap.
And to remind you I am still the worlds best gold analyst……….bar none.
Nobody else even came close. Not even the famous Martin Armstrong.
Hi ! Chris Temple . If i may ask you a question ? , What you think of ( SAREPTA THERAPEUTICS ? SRPT Know ? +- 32 $ Know ?
still a great company; and a residual position still recommended after taking some profits a while back around $55/share
Sounded like common sense to me.
Chris’s # is 1150, I obviously am thinking 1140.
But i do think if we break these #s 1000 comes into play.