How Long Can US Markets Stay At Extreme Technical Levels?
Doc is with me to day to comment on the new all time highs for US markets. With extreme technical levels it is understandable for technical traders to be wary but things can stay extreme for longer than anyone would believe. We also discuss a couple PM stock charts where the price is getting back to late 2015 levels. What should you be looking for when deciding if now is a good time to accumulate?
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JP……..repost……….Jamie shame on you……. 🙂
http://www.zerohedge.com/news/2017-11-21/jpmorgan-capitulates-may-help-clients-trade-bitcoin-futures-fee
Cat is out of the bag………
Cali, here are some of them.Anfield (anf.v), Balmoral (bar.to)—almost there. Also, Eastmain (er.to), Pershing gold (pglc) and trek (trek.v). There are many more within shouting distance of their lows.
Thank you Doc.
Doc,
I may add Vista gold if you like that company.
Thanks.
I own Vista gold at a loss, but it should soar if gold goes to 3K.
Major rally coming for oil and XOP.
URA is 15.23 now.
Uranium up $2.50 today. UEX doing well. I own some.
Oops… forgot the chart.
Taking profits now and buying back in tax-loss selling.
Bought back oil at 57.60 for a rally to 59 or 60?.
URA is up 16% from final purchase last week.
https://www.tradingview.com/chart/3KADNJ0y/
xop chart. Hopefully it gets overbought near 37 or higher to take profits.
Scorpio being taken out to the woodshed and shot. Maybe a buy soon from TLS.
Hi Doc:
You mentioned some PM stocks that went down to 2015 lows. What are the symbols?
Also, are you invested in any junior copper stocks? Any good ones?