Posted by fredsaid on 23rd of May 2023 at 12:25 pm
GDX getting close to buy. $ getting close to sell.
TV Talking heads saying to sell tech and buy industrials ... so I
am taking profits on IWM (staying long but think it could pull back
tomorrow) and buying QQQs. Commodities likely to get a bid
soon. As stated last week, has been playing out - I see this
as a bounce in commodities before they hit a summer slump.
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GDX getting close to buy.
Posted by fredsaid on 23rd of May 2023 at 12:25 pm
GDX getting close to buy. $ getting close to sell. TV Talking heads saying to sell tech and buy industrials ... so I am taking profits on IWM (staying long but think it could pull back tomorrow) and buying QQQs. Commodities likely to get a bid soon. As stated last week, has been playing out - I see this as a bounce in commodities before they hit a summer slump.