"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •380 days | 2,368.70 | +35.30 | +1.51% |
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Platinum •10 mins | 1,456.60 | -15.50 | -1.05% |
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WTI Crude •2 hours | 67.34 | -0.20 | -0.30% |
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Gasoline •2 hours | 2.153 | -0.017 | -0.78% |
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Ethanol •380 days | 2.161 | +0.000 | +0.00% |
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Silver •380 days | 30.82 | +1.16 | +3.92% |
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Silver • 380 days | 30.82 | +1.16 | +3.92% | |
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Copper • 380 days | 4.530 | +0.111 | +2.51% | |
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Brent Crude • 1 hour | 69.28 | -0.24 | -0.35% | |
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Natural Gas • 2 hours | 3.565 | +0.023 | +0.65% | |
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Heating Oil • 2 hours | 2.453 | -0.012 | -0.47% |
Forever 21 filed for Chapter…
An economic slowdown in many…
Wells Fargo has done it…
GLD - back to sell signal this week.
SLV - back to sell signal this week.
GDX - back to sell signal this week.
XGD.TO - back to sell signal this week.
CEF - on buy signal.
Summary
Long term - on major sell signal.
Short term - on mixed signals.
Most ETFs are back on sell signals this week. Counter trend trades often fail and that is why unless risks are manageable, we remain in cash often during a major sell signal and when configs are bearish.
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