I just so happen to be long GLD and RGLD in my Quant portfolio, an overall 15% weighting which should take the edge off today’s decline to come. Don’t look now, but Gold is busting loose again and it’s worth chasing. This is a 10yr consolidation attempting to create a new range. We first needs to get through higher levels from 2012-2013 and then we’re potentially off to the races.
And it’s a long road to travel.
Gold +1.6% at the moment
By my estimation, 2,000 is the number to shoot for and if we get past that… Let’s get past that first and then let’s talk.
Futures are off -61 on Nasdaq. I am loaded up with 3x inverse ETFs in my trading and will be tempted to close them out today. But if this Iranian situation continues, markets might want lower. The first week of January is important and this is truly a fucked way to begin the year. Nevertheless, we must remain vigilant for algorithmic fueled reversals, based off news flow and Presidential tweets.
In case you haven’t already, sign up for the StockLabs aka Exodus 2.0 beta trials. We are working as fast as we can and hope to have this out soon.
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nbc pics of persons of color in dem race: https://twitter.com/scottsantens/status/1214197661231910915?s=20
Trump set himself up for a loss. Bernie’s in first place in Iowa and NH. Healthcare and biotech may continue to reflect new doubts until the market is assured that a conventional tool of a candidate will win the nomination.
Bernie of the communist party USA has absolutely no chance of winning a national election. Flys blog used to be filled with men of salt, 8 years of Barry Hussein of Hezbollah and 3 years of TDS has turned the “men” around here into a bunch of fat Judy Dench pussies. I bet Jungleegirl has more testosterone than Ferd.
Hezbollah Barry —> https://www.politico.com/interactives/2017/obama-hezbollah-drug-trafficking-investigation/
https://www.investors.com/politics/editorials/radical-islamist-officials-find-home-in-white-house/
I agree that Bernie is not likely to win. You, like most team cheerleader/morons, confuse observations with opinion.