It is still quite early, in terms of a potential false breakdown/tradable rally in the precious metals and miners.
But Silver Wheaton, seen below on the daily timeframe and arguably the best miner out of all of them, is following-through higher nicely today after yesterday’s reversal off the lows.
Let’s see if the confirmation continues. Earnings are 11/12.
What are you trading this afternoon?
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Took a LT position in ABTL today; and still holding TUBE and SFS. Nothing else really; tried to short the IBB today based on that bearish candle yesterday but it didn’t workout.
Thanks, Danny.
I like nat gas. Good thesis for price support bc of cheaper oil reduces drilling and therefore less “by-product” gas.
Yup
Bot some ANR near the open.
UTX and ORCL on the long side,
first target hit USDZAR, looking
for new entry