The VIX is down around 12 where it bottomed May 26th and June 24th. Looks like a good spot to take a quick VXX or HVU trade.
Thanks sbaxman

Jordan Roy-Byrne's track record as a prognosticator is poor

• June 2012: Gold Mining Stocks Look to be Bottoming Out
• July 2013:Meanwhile, more mainstream calls to sell gold stocks have popped up and during what likely will be exactly the most inopportune time to sell.
• March 2014 Gold At $1,360 Will Be Turning Point For Silver:
• Oct 2014: Gold to Bottom Around $1,000!
• Jan 2015: Jordan Roy-Byrne Believes 2015 Will See the Renewal of Gold's Secular Bull Market

Matt I see you covered this in the newsletter. 

Thanks and enjoy your time off. You deserve it!

Did the $BPENER Renko-SAR system get a buy signal today? Or does it need one more SAR bar to confirm?

I would say yes. Need to take back 50% of last candle. Currently 18% below 9 EMA, therefore a very good return if it plays out.

9 days up and 9% above the 9 EMA. This one's ripe for RVTM.

Thanks sbaxman.  Very solid looking system. I like the fact that you use a 4-7 indicators to reduce the risk and create high probability trades.  I have added this one to my toolbox and have taken a VIX long trade via HVU.

Does anyone know if SVLT found a way to mass produce graphene mesh? So far that's been a problem

I couldn't find Iron Ore ETFs on this site. They have a comprehensive ETF list

http://etf.stock-encyclopedia.com/

Steve/Matt, The $BPENER chart you posted a while back has played out exactly as it did in Aug-Oct 2011.  Would this be a good place to take a long on ERX?

Thanks Matt. I went long VIX ETF before the close. Now I know what to expect as far as a pullback for Spx.

Some nice trade setups in Cameco and Denison Mines

Steve, what about the 1800 level that acted as support on three touches? Will it not act as resistance initially?

I was watching the gold futures last night and right at 12:00 they dropped $10, attempted to rally failed and then at 1:30 they spiked into positive territory and continued higher. When ever you get a big move up after such a large drop, you have to assume it's short covering. This is why you wait for a higher low before taking a swing. GDX and GDXJ sliced through their 9 EMA while gold almost touched it. This may be all it's got which is why is sold my juniors at today. 

$VIX - CHART

This is the $VIX chart that Steve had in a weekend news letter. Note that 4 days after a bullish 13/34 cross the VIX puts in a bottom and reverses up.  This is a very profitable trade using HVU.TO

I don't trust the COT numbers. It's all based on self reporting by the brokers. J.p. Morgan was charged recently with miss reporting  http://www.cftc.gov/PressRoom/PressReleases/pr6968-14

I  wouldn't place too much emphasis on the Commercial Short positions as you can see by the chart. I've overlaid the price of silver above the Commercial net positions for the last year. Silver charts can be found here

http://stockcharts.com/h-sc/ui?s=CCIH&p=D&yr=0&mn=8&dy=0&id=p76924637554&a=352765721

Looks like H&S

http://stockcharts.com/h-sc/ui?s=QQQ&p=D&b=5&g=0&id=p76706694946&a=349511124&listNum=8

Good volume and move, need to see follow through

http://stockcharts.com/h-sc/ui?s=SUNE&p=D&b=4&g=0&id=p51885316848&listNum=8&a=348089258