CRM continues to work higher

Posted by arunon 17th of May 2023 at 10:40 am

Those who invested in Salesforce (NYSE:CRM) five years ago are up 63% (yahoo.com)

Tankers may be moving because of a new tanker ETF

World’s First Oil Tanker Shipping ETF (marineinsight.com)

One I'm keeping an eye on.

How true Matt.  When management gets complacent and is afraid to grow, it goes nowhere.

Boil again.    Take profits and wait for another entry?   Sell 1/2 position and wait for another entry?   

Woulda, coulda, and shoulda.

Thanks for the note:  I just did the same.  

USD and Gold.

As the USD looks to be under pressure of losing its place worldwide, will that cause the dollar to drop, and if it does the price of gold will rise dramatically?  Am I on the right track here?  Is that the main reason we are seeing gold prices rising?

This is likely giving Nvidia some strength

https://www.investors.com/news/technology/nvidia-stock-chatgpt-is-just-the-start-for-artificial-intelligence/

any interest in a "chat room"   patellee  .

I could go for that.   I think it could breed discussions about strategy, more of what others are doing and thinking, various approaches, plans etc.

Well one thing is consistent and that's Natgas 

going to be interesting tomorrow methinks.

____

I've been thinking that for two weeks now.  I'm about ready to buy some BOIL and just hold it.   If history is any indication, we are getting closer to the knife stopping.

Natural Gas :: SeasonalCharts.de

I don't think CPC and CPCE update on Stockcharts until 1 - 2 hrs after the cash market close

Thanks Matt, you are correct.  The data is not updated yet.

Put/Call ratio could be signaling a change of direction.

(chart edited)

where I can see current short positions on natural gas?

Try this:   NYMEX Natural Gas Futures Managed Money Short Positions (ycharts.com)

Looks like NG is heating up.  Almost to the boiling point.

Looks like we should be protecting profits on this one.

Watching NatGas with you.  Hoping for a boiling rally.

Possible Nat Gas a double bottom from 1/6  

When will the knife hit bottom?

Thanks Matt, I'm in SCCO 

https://schrts.co/uvbddVyw