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GOLD & SILVER STOCKS ARE OVER BOUGHT! HYPE IS DRIVING THEM UPFolks, we hate to burst the bubble but... Has anyone looked at the charts of the GOLD and SILVER stocks? RSI, MACD and Stochastic indicators are so over bought, it is alarming and sounds the DEATH KNELL for both sectors. Anyone telling you differently has no idea what they're talking about. To top this argument off, the big companies like GOLD and NEM are making nothing, no big profits, to run to the bank with. Both companies recently purchased other gold producers and as of late, neither company can turn a nice profit. Look at the earnings reports...It's the truth! In fact, GOLD barely hit estimates and revenue was down missing estimates. WHY..? ASK YOURSELF WHY? THE NUMBERS DON'T LIE! Why are all these GOLD & SILVER companies in Canada? We've never done well with Canadian stocks because at the end of the day, most if not all turn out to be a huge scam. Both GOLD and NEM have had plenty of time to sell gold at these record prices but yet both companies are unprofitable or making a few cents. Why is this? We cashed out of all our GOLD & SILVER stocks today and we will not look back. Even if GOLD hits maybe 1600 to 1800, and SILVER hits $20 to $25, none of the stocks we follow are making money and from what we can see, they will continue to lose large amounts of money into the future. Take your profits in the stocks and move into the Indexes, ProShares, SPDR's and ETF's to play it safe. Here's are several for you to research: GDXJ, JNUG, UGLD, GLD, GDXJ, UGL, GDX, DGP, BAR, GLDM, IAU, SLV Every piece of GOLD & SILVER these companies find & produce is sold forward which means, they missed out on the record high prices as of today. Also, where are the nice 2%, 3%, 4% and 5% dividends from all these companies if they're doing so well? Wall Street wants you to believe that because GOLD & SILVER are at record highs, GOLD & SILVER stocks should follow. This argument is one big FRAUD AND A HUGE SCAM! TAKE YOUR PROFITS AND DON'T LOOK BACK...WE DID TODAY...NEVER ARGUE WITH A PROFIT!! BEST OF LUCK TO EVERYONE WITH YOUR TRADES! DISCLAIMER This website and our posts are for general information only. No information, forward looking statements, or estimations presented herein represent any final determination on investment performance. While the information presented in this website and our posts has been researched and is thought to be reasonable and accurate, any investment is speculative in nature. StockKid, and/or our agents cannot and do not guarantee any rate of return or investment timeline based on the information presented herein. By reading and reviewing the information contained in this website and our posts, the user acknowledges and agrees that StockKid, and/or our agents do not assume and hereby disclaim any liability to any party for any loss or damage caused by the use of the information contained herein, or errors or omissions in the information contained in this website or our posts, to make any investment decision, whether such errors or omissions result from negligence, accident or any other cause. Investors are required to conduct their own investigations, analysis, due diligence, draw their own conclusions, and make their own decisions. Any areas concerning taxes or specific legal or technical questions should be referred to lawyers, accountants, consultants, brokers, or other professionals licensed, qualified or authorized to render such advice. In no event shall StockKid, and/or our agents be liable to any party for any direct, indirect, special, incidental, or consequential damages of any kind whatsoever arising out of the use of this website, our posts or any information contained herein. StockKid, and/or our agents specifically disclaim any guarantees, including, but not limited to, stated or implied potential profits, rates of return, or investment timelines discussed or referred to herein.
NYSE:GOLDShort
by UnknownUnicorn3159981
THE WEEK AHEAD: GDX, GDXJ, XOP, EEM, VIX/VIX DERIVATIVESEARNINGS No options highly liquid underlying earnings announcements this coming week. EXCHANGE-TRADED FUNDS Ordered by implied volatility rank, with GDX, GDXJ, and XOP providing the best rank/implied volatility metrics for premium selling (>50% rank/>35% implied): SLV (96/29) GLD (95/18) GDX (82/35) GDXJ (80/40) TLT (69/16) FXI (54/26) XOP (52/43) The 16 delta GDXJ Oct 18th 36/49 short strangle is paying 1.16 at the mid price (.58 at 50 max), the GDX Oct 18th 30 short straddle, 3.19 (.80 at 25 max), and the XOP Oct 18th 21 short straddle, 2.67 (.67 at 25 max). BROAD MARKET EEM (51/23) IWM (48/25) SPY (43/20) QQQ (35/25) EFA (22/17) Pictured here is an EEM 1 x 2 short strangle in the January cycle with the short put camped out at the 18 delta, the doubled up short calls at the 8's to accommodate skew. Paying 1.18 at the mid price (.59 at 50% max), it has break evens of 32.82/45.59 and delta/theta metrics of .97/1.56. Alternatively, the Jan 17th 39 short straddle is paying 4.32 (1.08 at 25 max). If EEM doesn't suit your fancy, the IWM Jan 17th 131/156 short strangle camped out around the 16 deltas is paying 2.16 at the mid price (1.08 at 50 max); the QQQ Dec 20th 16 delta 158/202 short strangle pays 4.05 (2.02 at 50 max); and the SPY March 20th 240/315, 7.39 (3.70 at 50 max).* VIX/VIX DERIVATIVES Continue to look to add small, bearish assumption plays in VIX/VIX derivatives on VIX prints of >20, with higher prints naturally being better. With the derivatives in particular, look to VIX levels as the guide for entries and not to the derivative itself (e.g., UVXY, VXX), since beta slippage and contango plays into these derivatives, making it more difficult to discern levels. The general plays remain: at-the-money VIX long put verticals or short call verticals paying at least one-third the width of the spread in credit (or, in the case of the debit spread, less than two-thirds the width of the spread in debit) and with UVXY and VXX, short call verticals with similar metrics.** * -- Why the different expiries? I've been generally running broad market plays through a gauntlet of at-the-money delta neutral short straddle pricing prior to deciding which expiry begins to be "worthwhile," looking for the short straddle to pay at least 10% of the stock price. If the ATM short straddle isn't paying that, it isn't worth putting on a short strangle in shorter duration for me. The downside is that longer-dated setups are slower to come in and therefore tie up buying power for longer. The upside: they're wider setups relative to current price, so less subject to shorter term whipsaw. ** -- As previously pointed out, there is assignment risk with UVXY and VXX, and I'd rather be short shares via assignment on a short call than long shares via assignment on a short put. VIX is cash settled with no assignment risk, so whether there is a short put aspect or short call aspect is of little import for a VIX play.
AMEX:EEM
by NaughtyPines
GOLD Update for week ending 23 August 2019Week update for week ending 23 August 2019 In Bull territory. Projected range for upcoming week 1563.91 - 1508.15 Price Projection: HMA: Very Strong Bull Bull RSI: Bullish Bear RSI: Bullish BSI: Bullish" 5 RSI: Positive Consolidation: In Consolidation between 1480 - 1530.22 Price-Trend: 3.72x ATR (anticipate a stall while waiting for the MAs to catch up) Daily for 23 August 2019 In Bull territory. Price Projection: HMA: Strong Bull Bull RSI: Bullish Bear RSI: Bullish BSI: Bullish 5 RSI: Positive Consolidation: In Consolidation between 1472.41 - 1535.03 Price-Trend: 1.87x ATR
TVC:GOLDLong
by priceprophet
GOLD Update week ending 16 August 2019Week Ending 16 August 2019 The week is bullish, the daily is bullish. Projected range for upcoming week: 1494 - 1550 Weekly Data. In Bull Territory. Price Projection: Daily Only HMA: Very Strong Bull BSI: Bullish Bull RSI: Bull Bear RSI: Bull 5 RSI: Positive Consolidation: None Price-Trend: 3.69x ATR (over 3x ATR away from Trend, expect stall) Daily Data for Wednesday 16 August 2019 In Bull Territory Price Projection: 1563.47 HMA: Strong Bull BSI: Bullish Bull RSI: Bull Bear RSI: Bull 5 RSI: Positive Consolidation: 1472 - 1535 Price- Trend: 1.88x ATR
TVC:GOLDLong
by priceprophet
Gold Update week ending 9 August 2019Week Ending 9 August 2019 The week is bullish, the daily is bullish. Weekly Data. In Bull Territory. Price Projection: 1647 HMA: Very Strong Bull BSI: Bullish Bull RSI: Bull Bear RSI: Bull 5 RSI: Positive Consolidation: Broken to the high side Price-Trend: 3.7x ATR Daily Data for Wednesday 9 August 2019 In Bull Territory Price Projection: 1567 HMA: Strong Bear BSI: Bullish Bull RSI: Bull Bear RSI: Bull 5 RSI: Positive Consolidation: 1509 - 1472 Price- Trend: 2.6x ATR Projected range for upcoming week: 1521 - 1475
TVC:GOLDLong
by priceprophet
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