"they" are doing the same thing to many oil.gas stocks - absolutely crushing many E&Ps when oil has rallied above $52, and this is happening when the CRB might be signaling a big up move, really interesting stuff going on here
Senor
Posted 25 October 2017 - 11:03 AM
"they" are doing the same thing to many oil.gas stocks - absolutely crushing many E&Ps when oil has rallied above $52, and this is happening when the CRB might be signaling a big up move, really interesting stuff going on here
Senor
Posted 25 October 2017 - 12:27 PM
Posted 25 October 2017 - 12:34 PM
Crushing em to buy em
that's my guess, did a little buyin in select oil and miner stocks today
Senor
Posted 25 October 2017 - 12:56 PM
Of note NEM earnings tomorrow morning and ABX/AEM/GG all after the close today I believe - so we are certainly "set up" on the news side here and technically as well as we try to determine if a Wave C is ending or a daily wave 3 down is underway - critical juncture and with all these earnings, tomorrow is HUGE
Senor
Posted 25 October 2017 - 01:33 PM
Posted 25 October 2017 - 01:41 PM
The weakness in the HUI is staggering; it usually accurately presages weakness in the gold price. I'm wondering if this time around it is about earnings instead and it's bearish implications might be ignored. Gulp.
Posted 25 October 2017 - 02:10 PM
The weakness in the HUI is staggering; it usually accurately presages weakness in the gold price. I'm wondering if this time around it is about earnings instead and it's bearish implications might be ignored. Gulp.
this slew of big miner earnings before tomorrows opening could tell the tale whether we drop in a daily 3rd or have ended a wave C in this area, get the popcorn. I am about 15% long so keepin it light
Senor
Posted 25 October 2017 - 02:45 PM
Posted 25 October 2017 - 02:48 PM
am i seeing accumulation in miners or just my imagination?
Posted 25 October 2017 - 03:22 PM
gold looks ready for a pop....