• 1,164 days Will The ECB Continue To Hike Rates?
  • 1,164 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,166 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,565 days Could Crypto Overtake Traditional Investment?
  • 1,570 days Americans Still Quitting Jobs At Record Pace
  • 1,572 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,575 days Is The Dollar Too Strong?
  • 1,576 days Big Tech Disappoints Investors on Earnings Calls
  • 1,576 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,578 days China Is Quietly Trying To Distance Itself From Russia
  • 1,578 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,582 days Crypto Investors Won Big In 2021
  • 1,583 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,583 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,586 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,586 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,589 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,590 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,590 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,592 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

  1. Home
  2. Markets
  3. Other

But This One Did!

This one is for all the assholes out there who only expect winning trades.

Last Thursday, I highlighted the gold mining sector and stated that this was a great set up. See figure 1, a daily chart of the Market Vectors Gold Miners ETF (symbol: GDX).

Figure 1. GDX/ daily

I stated that a daily close over the 53.39 key pivot level would likely trigger a strong move. Today, GDX is trading above 60. I gave solid fundamental and technical reasons why I liked the trade. I provided a stop loss point of where my analysis might be wrong. I even offered a money back guarantee if you weren't satisfied within the first 30 days!

Remember folks, they call it "trading". As in, there are trade offs. If you want to get every single call right, then just do buy and hold. Or don't play in the markets.

My goodness!

 

Back to homepage

Leave a comment

Leave a comment