Avino Silver & Gold Mines $ASMPicked up a few shares with them...
Very simple, Im liking how EVERYTHING looks these days but of course waiting on the SUPER NOVA to kick in but its not like that... I have to take my gains and be humble. I hope your doing the same too and cutting your loses quick and not being risky either to keep your account steady....
So from $ASM and $ECOR, I'm going to wait and see what happens before adding any more positions...
#TRADESAFE
#INVESTSMARTWAAS
AMEX:ASM
ASM trade ideas
Avino Silver & Gold Mines $ASM Hey Yall... So I sold out of $TEDU.
Felt it wasn't for my standards and took a lost on it... Can't complain, just gotta give thanks I ain't blow my account on a trade like that or others. Sometime its good to take your lost and move on so, I'm in $ASM now and thinking of going long or until I'm comfortable to actually pull out... AMEX:ASM
#TradeSafe
#InvestSmartWAAS
Quantitative Easing & Rate Cuts = Bullmarket in Mining Stocks.You've seen the news lately, the Federal Reserve has taken unprecedented actions BEFORE a recession has even hit. The Fed has already cut rates 3-times and restarted their Quantitative Easing, although not officially calling it that.
Predictions and Possibilities for 2020:
2008 Style Recession.
Dollar Run.
Debt Bubble Pop.
We can not sit and say things are great as you may hear on mainstream financial media. These steps taken by the Fed are VERY bullish for precious metals and mining stocks. These are our recommendations, each will reach at least 300%:
ASM: Avino Silver and Gold Mines
NGD: New Gold
B2G: Barrack Gold
Check our "An Obvious Investment" chart, you will see that our NDG has already seen 10% growth since posting. It's time to be money smart.
Avino - Downtrend It seems like ASM has been in a downtrend since late July. The good news is that ASM seems to be stabilizing with sideways trading. If we continue to trade sideways, we will break the downtrend and enter a new bullrun. Facts:
Elections are always bullish for gold and mining stocks.
Rate Cuts are bullish for precious metals.
Quantitative Easing is bullish for precious metals.
<TradeVSA> Potential +19% Gain in Avino (ASM.ARCA)Strength in the chart:
1. Long period of accumulation
2. Shakeout at support level
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
long short position on ASM ASM
The stock ASM has been going through some cyclical change. Due to underperformance on the balance sheet side, the company broke its cyclical turn. I believe that there is still room to short. The best instrument to use would be put options with the strike price closest to the actual price, and the expiration at the earliest date given. If you go along the put option route I would suggest taking short positions because they have less risk, and if the stock drops more than the short position will outperform the put option. Be aware of the fact that the put option may be harmful to the portfolio because the stock is no longer driven by cyclical turns, therefore the stock can open at a different price, and options contracts are executed until the market opens, so if you get options when the market is closed you make be at risk for a loss if the stock opens at a different price. To hedge some of the risks from the short position you could be long positions if you feel the need to.