Futures amazingly up and VIX down by 13%. I bought and sold on
Friday HVI.TO (like SVXY) making some profits. Was afraid to keep
it for the weekend. It closed 12.84 and bid right now is 14.25.
Painful ...
Sorry Steve, I looked at picks and noticed date 04/06/2017. I'm
NOT American and used to have dates in format ddmmyyyy. And I don't
criticize the pick - we are all responsible for our own
calls.
HCLP - Steve fundamental pick from June came up with solid
results and after couple of disastrous month stock jumped by 7%.
Technical picture improved - based on fundamental changes. A bit
overbought on 60 minutes (STO10/60) with negative div on RSI5 but
worth looking at as potential rebounding story
Gold Futures 10.80 lower. No wonder, with volatility so low the
only tailwind is low dollar. Are we facing moves against
seasonality or both VIX and Gold just waiting to explode ?
This is not a serious ???. Just thinking loud.
GDX is lower today even with price of gold moving up. Not a
surprise when established miners like Barrick Gold are facing
financial difficulties. Barrick with mine in Argentina. Gold Corp
is stream lining operations and selling assets. Lots of producers
need price of gold above 1200 to stay above the water. Not all of
them. Some like ASR.TO PG.TO ROG.TO TXG.TO GUY.TO need price
between 660-825. The lucky ones. One of my favorite ones Detour
Gold got upgraded today by Scotia ITrade and is up by 8.5%. Didn't
catch it and chart is still looking ugly.
US$ is in parabolic move lower. Is now testing significant
support line around 92.50. Any snap back and impact on Gold is very
much a guess at this moment
Tomorrow at St Petersburg OPEC/NONOPEC meeting is taking place.
Anybody knows what time could we expect official statement ? This
could push or further sink oil price
Gold Miners outperform July 27 - Sept 25. Gold Metal July 12 -
Oct 09 and VIX July 03 - Oct 09 (almost like gold metal). Data
according to Thackray's 2017 Investment Guide.
Gold futures lower this morning. Is paying back to be bearish on
gold. Watching HGU.TO (bull) for possible reversal UP. Can
this one drop bellow 10 before bullishness and seasonality
takes over ?
GDX is struggling and Commercial Net Short increased last week
quite a lot. My data includes Futures and Options and differs a
tinny little bit with Steve/Matt numbers but trend is clear
Date
Ending
Short Comm Net
Futures and Options
24/03/2017
129
31/03/2017
152
07/04/2017
171
14/04/2017
187
21/04/2017
211
28/04/2017
215
05/05/2017
204
12/05/2017
165
19/05/2017
143
26/05/2017
174
02/06/2017
183
09/06/2017
225
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Futures amazingly up and VIX
Posted by mulisko on 14th of Aug 2017 at 08:32 am
Futures amazingly up and VIX down by 13%. I bought and sold on Friday HVI.TO (like SVXY) making some profits. Was afraid to keep it for the weekend. It closed 12.84 and bid right now is 14.25. Painful ...
Nice breakout, but gaps look
Posted by mulisko on 11th of Aug 2017 at 10:40 am
Nice breakout, but gaps look so inviting. Same on 60 minutes
Gold might create multi top
Gold & Silver
Posted by mulisko on 10th of Aug 2017 at 08:42 am
Gold might create multi top today or tomorrow and retreat. If Korean situation is somewhat temporarily resolved inverse gold etfs would be a good bet.
$SPX on30 mins has 3
Posted by mulisko on 8th of Aug 2017 at 11:34 am
$SPX on30 mins has 3 pushes on RSI5 and STO is 97%
Sorry Steve, I looked at
HCLP - Steve fundamental pick from June came up with ...
Posted by mulisko on 6th of Aug 2017 at 11:48 am
Sorry Steve, I looked at picks and noticed date 04/06/2017. I'm NOT American and used to have dates in format ddmmyyyy. And I don't criticize the pick - we are all responsible for our own calls.
HCLP - Steve fundamental pick
Posted by mulisko on 6th of Aug 2017 at 08:58 am
HCLP - Steve fundamental pick from June came up with solid results and after couple of disastrous month stock jumped by 7%. Technical picture improved - based on fundamental changes. A bit overbought on 60 minutes (STO10/60) with negative div on RSI5 but worth looking at as potential rebounding story
GDX moving in beautiful way.
Posted by mulisko on 4th of Aug 2017 at 10:26 am
GDX moving in beautiful way. Would love to see it around $21. 60 mins with positive div on RSI5 and CCI
Gold Futures 10.80 lower. No
Posted by mulisko on 2nd of Aug 2017 at 07:29 pm
Gold Futures 10.80 lower. No wonder, with volatility so low the only tailwind is low dollar. Are we facing moves against seasonality or both VIX and Gold just waiting to explode ? This is not a serious ???. Just thinking loud.
Gold and copper junior. Could
Posted by mulisko on 31st of Jul 2017 at 09:19 am
Gold and copper junior. Could be at multi top but if brakes should give a nice trade
New Player is not working
Posted by mulisko on 30th of Jul 2017 at 06:10 pm
New Player is not working with any of tonight's letters. Matt must by trying to force us to listed and watch to everything he created....
GDX is lower today even
Posted by mulisko on 27th of Jul 2017 at 10:27 am
GDX is lower today even with price of gold moving up. Not a surprise when established miners like Barrick Gold are facing financial difficulties. Barrick with mine in Argentina. Gold Corp is stream lining operations and selling assets. Lots of producers need price of gold above 1200 to stay above the water. Not all of them. Some like ASR.TO PG.TO ROG.TO TXG.TO GUY.TO need price between 660-825. The lucky ones. One of my favorite ones Detour Gold got upgraded today by Scotia ITrade and is up by 8.5%. Didn't catch it and chart is still looking ugly.
US$ is in parabolic move
Posted by mulisko on 27th of Jul 2017 at 08:49 am
US$ is in parabolic move lower. Is now testing significant support line around 92.50. Any snap back and impact on Gold is very much a guess at this moment
VIX hit 9.04 low today.
Posted by mulisko on 25th of Jul 2017 at 09:33 am
VIX hit 9.04 low today. I never thought I would live a day with VIX at this level. Traders are so sure it reminds me about Y2K Nasdaq meltdown.
Even with Gold futures up
Posted by mulisko on 24th of Jul 2017 at 10:37 am
Even with Gold futures up ($1.50 - Aug) GLD up by 0.16% GDX is moving lower -0.66%. Is price of gold going to collapse after FED's meeting ?
Tomorrow at St Petersburg OPEC/NONOPEC
Posted by mulisko on 23rd of Jul 2017 at 06:06 pm
Tomorrow at St Petersburg OPEC/NONOPEC meeting is taking place. Anybody knows what time could we expect official statement ? This could push or further sink oil price
S&P 500 VIX Futures at
Posted by mulisko on 18th of Jul 2017 at 09:13 am
S&P 500 VIX Futures at 11.97 and Gold Futures 1240.54
Gold futures just started dropping.
GDX commnets
Posted by mulisko on 11th of Jul 2017 at 10:28 am
Gold futures just started dropping. Waiting for GDX to hit 21.25-21.23
Gold Miners outperform July 27
Posted by mulisko on 7th of Jul 2017 at 09:18 am
Gold Miners outperform July 27 - Sept 25. Gold Metal July 12 - Oct 09 and VIX July 03 - Oct 09 (almost like gold metal). Data according to Thackray's 2017 Investment Guide.
Gold futures lower this morning.
Posted by mulisko on 15th of Jun 2017 at 08:33 am
Gold futures lower this morning. Is paying back to be bearish on gold. Watching HGU.TO (bull) for possible reversal UP. Can this one drop bellow 10 before bullishness and seasonality takes over ?
GDX is struggling and Commercial
Posted by mulisko on 13th of Jun 2017 at 11:19 am
GDX is struggling and Commercial Net Short increased last week quite a lot. My data includes Futures and Options and differs a tinny little bit with Steve/Matt numbers but trend is clear