Trade Alert
Added/Bought 10% more USLV @ $11.55 Stop remains @ $10.45 for entire 30% position Target remains @ $14.90
Trade Alert
Bought 10% more SCO at $26.98. Same stop and target as existing position. See portfolio page.
Trade Update
Oil has climbed a little bit, against our SCO position, but resistance is still there on the chart. Our stop was too tight on SCO, so we’re moving it down to $26.58 this morning in order to avoid being stopped out below the resistance level.
Trade Alert
Bought 10% size of SCO @ $27.35, will discuss in the newsletter this weekend. Target @ $29.75 Stop @ $26.97
Trade Update
With the Fed set to announce its interest rate decision at 2pm EST, we thought we would review what happened last year at this time. If you look at the chart, we highlighted the Fed announcement day. You can see that the gold stocks rose on the news, and closed on the high of the day. Not only that, but the next day, it gapped even higher. At that time, it looked very convincing that … read more Trade Update
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