Watching for evidence of ECB and Fed "verbal convergence". That would be a definite sign of an upside stock market break. The kitchen sink has yet to be thrown at this crisis.
I like EGO. Solid producer, good properties. Ran it from 5's to 7's last year. Should be in the 8's; no reason not to pick some up in mid 7's. :)
I'm a little shy of gold miners at this point b/c of possible rate hikes coming up (def. if somebody throws a missle or two towards Iran)...
Still, gold should have some legs left and EGO is a top pick.
Main markets look anemic and scared (though no panic yet). A rate hike SHOULD get a nice dump below 11.5 DOW but who the hell knows...
June consumer condidence was atrocious!! Home sales (downward) and foreclosures (upward) still accelerating, which is amazing. I'm actually looking into RE market these days (this may be the summer to buy IMO/ esp. if we get a rate hike or two as that will drive home prices down more IF you can buy w/ cash).
I'm short main indexes...though pared back some last Friday.
5 comments:
DGP looks to be starting a new leg and the volume has been ever increasing. Big spike yesterday and today!
SKF looks to be heading to $150! UYG also dipped today. Thinking I'll be getting some UYG tomorrow and add as it rises.
Yeah, even I will have to sell some SKF at 150.
And maybe get some UYG.
Watching for evidence of ECB and Fed "verbal convergence". That would be a definite sign of an upside stock market break. The kitchen sink has yet to be thrown at this crisis.
SKF $143 go baby go!
Doing really well on this one.
I like EGO. Solid producer, good properties. Ran it from 5's to 7's last year. Should be in the 8's; no reason not to pick some up in mid 7's. :)
I'm a little shy of gold miners at this point b/c of possible rate hikes coming up (def. if somebody throws a missle or two towards Iran)...
Still, gold should have some legs left and EGO is a top pick.
Main markets look anemic and scared (though no panic yet). A rate hike SHOULD get a nice dump below 11.5 DOW but who the hell knows...
June consumer condidence was atrocious!! Home sales (downward) and foreclosures (upward) still accelerating, which is amazing. I'm actually looking into RE market these days (this may be the summer to buy IMO/ esp. if we get a rate hike or two as that will drive home prices down more IF you can buy w/ cash).
I'm short main indexes...though pared back some last Friday.
Wazzup with SLW?
Post a Comment