The VIX is up and elevated today, up near 20 again, as fear creeps back into the marketplace. Gold Miners are strong once again with GDX being one of the leaders today, up nearly 3% on the day. Biotech also remains strong with good action in individual names. Here’s a look at Monday’s leaders:
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Oil continues to be in search of a bottom and my UWTI position is dwindling lower. At the moment, I have no desire to add to my position. I’m in a starter size from 3.49.
The only move I made so far today is book profits in YELP above $55. I may add to my NDRM position if I see volume, and I will likely book a loss in GPRO.
As for today’s runner screen, have a look HERE. Tickers of interest include: P, HOV, IG, VLCCF, & LAKE.
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Can you post in the ppt if you add to NDRM? cheers.
IG moving well here, OA nailed an entry on that earlier.
Will do @bwana
Cheers. Just chatting with Raul about IG. I think its time to get on the 12631. Would have been nice to get in on that today.
GDX and GDXJ on FIRE!!! no stopping this things. gold busted through its resistance. Whoever had thoughts of being short GLD or gold are thinking otherwise now
congrats on your one trade. can you shut up about it now?