iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Gold Back On Top

Gold is leading the way this morning with both GLD & GDX being the top performers this morning. The VIX is also up 2% indicating fear creeping back into the market. Here are some other top performing industries this morning:

Screen Shot 2015-01-09 at 9.00.46 AM_____

My biotech basket is winning, and I was able to lock in another win here with ADHD. BLRX is next, I’m looking to take profits on this next leg higher coming right here. And, we can’t forget about NDRM, I’m looking to add to my position here.

How about YELP, another position of ours inside 12631, up over 4% on the day reclaiming the 50 day moving average. Even the GPRO is starting to find buyers here.

As for our runner screen, I like: BITA, NVAX, AMBA, SQNM, BAS, DRL, & VJET. The full screen can be found HERE.

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13 comments

  1. UncleBuccs

    ADHD …. indeud. You were all over this one. Very nice. These biotechs are almost like fishing for bluegill!!

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  2. linmoo

    RC, what’s your target on BLRX? Just caught NDRM this morning. thx!

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  3. bwana

    Great call on ADHD. Caught a two day 25% win on that one. To late to be looking at NDRM now? Looks like its still got some room to move.

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  4. bwana

    Cheers.

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  5. Rich

    Natural gas futures we see a historic move up a move from 5.50 to above 9. Futures can move up now in historic fashion. . It will help oil go up. Natural gas futures infinity move up LNG demand on ceiling. It will be commodity of the year up .

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  6. Rich

    Natural gas futures can go up. .50 or more in day . We may see double digits

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  7. bensteinsmoney

    UGAZ or UWTI … pick your poison.

    On another note, if King Dollar is topping then the miners can dig in for some coin.

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  8. richb7

    Correct huge dollar selloff . We see a historic historic move up in natural gas futures . All short not will help ignite much higher .It will help oil move to 62 fast . We see a move above 7 to 9 or higher in natural gas . China has infastructure in place LNG gas stations . Demand much stronger than people realize . We can huge move up higher this week .

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