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Stock Market Daily Discussion for May 9th - 13th
ive been saying for a while now, i think gold can hit 1400 this year, but as far as my trading time frame, im looking for a retest of 119-120 on nugt, then im out. preferably i would like to be out before the next fed meeting, gold likes to sell off before a fed meeting, those are the times i scoop it back up.
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GDX 26x calls more than doubled on that bounce this morning.... .06 to .14
I may have to start watching this one again
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wow nice, it also helps that goldman is super bullish about gold now, although i hate it when they pile into a trade idea and announce it, usually doesnt last long or it ends up doing the opposite of their conviction.
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So are people really doing most of their purchases online now or consumers just aren't spending money? I don't know about others but I don't really shop online all that often lol, I still like to go to the stores and see the products
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Jack in the box (JACK) up 10% after hours
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