Minimize

Welcome!

Recapping the Jobs Data and market volatility from this week

Cory댊
October 8, 2021

Joel Elconin, Co-Host of the Benzinga PreMarket Prep Show joins us to recap the volatility this week in the market and the jobs data released this morning. The markets looked bearish to start the week but managed to recover by the end of the week and even on the back of a negative, or mixed at best, jobs report showed some resilience.

Click here to visit the PreMarket Prep website to keep up to date on Joel’s market commentary.

Discussion
8 Comments
    BDC
    Oct 08, 2021 08:15 PM

    It is a Krell Market.

    Reply
    Oct 08, 2021 08:55 PM

    Here’s a nice new long timeline fact sheet from (ECR) Cartier Resources, for anyone following their exploration and development story:

    https://ressourcescartier.com/media/files/211005-cartier-value-in-the-ground-rz.pdf

    Reply
    Oct 08, 2021 08:01 PM

    Meet BC’s Next Gold Producer: Gold Mountain Mining (GMTN)(GMTNF)

    by @GoldTelegraph on 7 Oct 2021

    http://www.goldtelegraph.com/meet-bcs-next-gold-producer-gold-mountain-mining/

    Reply
      Oct 08, 2021 08:40 PM

      Lots of green today. Today stocks not only checked their fall but they cheerfully kept on recovering. The lesson is plain, I will not be shaken out of this market short of a major disaster. It’s funny how life works I was selling a couple of months ago and am now again fully invested at better prices, but I know that at any hour and any day the big shoe could drop. The allure is so great that I find it hard to stay out of the market for even a couple of months. It’s like watching the Aussies with their metal detectors gold fever is really a powerful emotion.

      Reply
        Oct 08, 2021 08:08 PM

        Ditto…or words to that affect or effect….

        Reply
    Oct 08, 2021 08:19 PM

    Almost exactly 9 years ago, in ’12, GDX had a failed bullish breakout at the 150 week (3 year) moving average. Now the “12” is 21 and we have a failed bearish breakout at the 150 week moving average. Inversions are everywhere these days.
    https://stockcharts.com/h-sc/ui?s=GDX&p=W&yr=10&mn=0&dy=0&id=p20746069229&a=975429213

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *