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Matt, regarding the exhaustion trade,

Posted by jimsim on 15th of Nov 2019 at 04:15 pm

Matt, regarding the exhaustion trade, since Trump seems to measure his performance by how well the Dow is doing (yet again in public remarks this morning), betting against the market seems riskier than usual. There have been lots of days lately where the market opens lower, then grinds higher relentlessly as the day goes on. Given his fixation on new market highs as key to getting reelected, it would not surprise me if there are forces behind the scenes operating to goose the markets, distorting normal market dynamics.

Deep, I'm a little unsure of your meaning. By "turnaround Tuesday", you are suggesting that the markets will  reverse down from Monday's new highs, and the metals will reverse up? I doubt that's what you meant to suggest, but can you clarify? tia.

Interesting read questioning the reliability

Posted by jimsim on 3rd of Oct 2019 at 10:51 pm

Interesting read questioning the reliability of the H&S pattern on GLD: 

No problems here.

Is Stockcharts down again?

Posted by jimsim on 10th of Sep 2019 at 11:51 am

No problems here.

DSLV is 3x short silver

What is Utrashort Silver ETF ?

Posted by jimsim on 29th of Aug 2019 at 02:48 pm

DSLV is 3x short silver

The Chinese yuan dropped to


Posted by jimsim on 4th of Aug 2019 at 10:11 pm

The Chinese yuan dropped to new lows tonight against the dollar.

KL earnings were released this

GDX 15 View

Posted by jimsim on 31st of Jul 2019 at 10:24 am

KL earnings were released this morning

The website was down here

Website comments

Posted by jimsim on 25th of Jul 2019 at 10:18 am

The website was down here (WA state) from last night until a few minutes ago...

Good advice, and speaking of charts, PRED's chart is signaling caution as well. It will be interesting to see if the 30 dma, which has heretofore been good support, can hold here.

PRED has been undergoing a major short attack since last week. I saw one interesting post on iHub this morning from someone (whose veracity is unclear) who claims that it had been pumped as a story stock by some boiler room operation in Florida and then shorted/dumped. Can't verify any of this!

Steve, that could be a problem, since I live across the water (Puget Sound) from Seattle, and would have to take a ferry. That said, Stockcharts seems to be working fine now,.

Yes, and I'm near Seattle, closer to the gerbils...

Not likely, because the Republicans will no doubt find a way to disenfranchise them...

Trump's unpredictable behaviors may add a measure of unpredictability to the SPY systems?

I believe  Trump was referring to North Korea when he said they were not ready to negotiate.  That was just before he changed subjects in a confusing way and referred to President  Xi's letter.

Happy Passover to everyone...

Happy Easter To Everyone

Posted by jimsim on 21st of Apr 2019 at 02:10 pm

Happy Passover to everyone...

Matt, as an fyi, SCO

Weekend Newsletter April 14th 2019

Posted by jimsim on 14th of Apr 2019 at 08:21 pm

Matt, as an fyi, SCO is a 2X ETF, not 3X. Great newsletter!

EMHTF starting next move up

Posted by jimsim on 19th of Mar 2019 at 12:10 pm

EMHTF starting next move up

It looks like you made the right call! Nice work.

ALL of the indicators on GLD that I follow (see chart below) are turning up in a very constructive way. We'll see.


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