Gold Mining stocks had been the poster-children for the negative perfect storm that resulted from the implosion of the commodity super-cycle that started in the wake of the global financial crisis. The GDX, the Vaneck Vectors …
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Gold miners, measured by the GDX have been one of the best performing risk assets in the world in 2016. The GDX is up 66% in 2016, but up a 86% from its 2016 low …
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Earlier today on CNBC’s Halftime Report, Billionaire Dallas Mavericks owner Mark Cuban stated like most others he is confused by what is going on in the financial markets, but recently thought there was an opportunity …
Continue readingToday we got less than expected easing from the ECB that triggered a massive risk off sell off in Europe, while on this side of the Atlantic the Fed Chair continues to make the case …
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As you are well aware, it is our belief that the price action over the last past 18 months in global risk assets, which has included an outright crash in commodities, and a crash up …
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I have no idea why gold goes up or down. I get the reasons and correlations investors believe underlie the shiny metal’s movement, but none of it seems logical to me on fundamental terms so …
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About 2 weeks ago we stepped in on Joy Global (JOY) with a defined risk contrarian call buy in October. Those calls were dollar cheap and we felt they didn’t properly reflect the room the …
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Here is some generally directional, untied options activity that caught my eye during Monday’s trading: 1. GDX – the gold miner etf is down 11% over the last 2 days, closing on the dead lows of the …
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On Friday’s Options Action on CNBC I detailed a bearish trade idea in the Nasdaq 100 etf (QQQ). As part of the broader tech discussion I updated my prior near term bullish view in Microsoft (MSFT), a trade idea …
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Gold has had one heck of a day, up nearly 4%, and nearly 6% from the morning lows. Was it the Swiss referendum, US dollar weakness, or just plan old simple sell the rumor buy …
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