Comments on: Commodities Trade Ideas & Analysis 12-23-22

By: trade0039

trade0039 — Thu, 29 Dec 2022 17:47:16 +0000

looks like Randy is on vacation lol!

By: ajp17

ajp17 — Thu, 29 Dec 2022 17:36:58 +0000

In reply to Imadaytr8r. Just went in again at 53.75 on SQQQ... thinking this rally has run out of steam. Tomorrow is the last day for anyone to tax harvest for 2022, too.

By: ajp17

ajp17 — Thu, 29 Dec 2022 15:44:10 +0000

In reply to Imadaytr8r. I was stopped out of everything. I'm sitting tight for a bit. The break of the 14 year trend line is now just looking like a bear trap. And, it had positive divergence. I thought maybe we'd burn through it and keep going but the market has other ideas.

By: Imadaytr8r

Imadaytr8r — Thu, 29 Dec 2022 15:36:06 +0000

In reply to Mikeflegel. Just opened a small short position in QQQ at 266

By: ajp17

ajp17 — Thu, 29 Dec 2022 15:07:08 +0000

In reply to Mikeflegel. I just added to my short position. My stop would be breaking above 265.45 on QQQ as there have been a lot of reactions at that level.

By: Mikeflegel

Mikeflegel — Thu, 29 Dec 2022 15:04:14 +0000

In reply to ajp17. Let us know when you pull the trailer thanks. We won't hold you as personally responsible But it's nice to have community

By: Imadaytr8r

Imadaytr8r — Thu, 29 Dec 2022 13:18:23 +0000

At the end of the last video, Randy mentioned he was going to Miami this week, he would take his Laptop and update if anything significantly changed from the Video. IE like NG dropping to $4.46 instead of going to $5.71. … forget the bomb cyclone we ‘re having or the monster storms on the West Coast, it’s all about some Green Zombie writing an article predicting a warmer then expected January! Don’t we use Natural Gas to run our AC as well? I’m just saying …

By: ajp17

ajp17 — Wed, 28 Dec 2022 20:34:04 +0000

In reply to Mikeflegel. IMO, long would just be for another potential back test. I think this is the break he was waiting to see to head to the 4th target. But, I guess we'll ultimately see what he has to say about it. I will probably put some stops on my SQQQ I purchased at the trend line break and not try to game a small bounce. But, enter short again if we test the trend line.

By: Mikeflegel

Mikeflegel — Wed, 28 Dec 2022 20:29:18 +0000

In reply to ajp17. Yeah I hope Randy comes around soon because I wanna get long once time.

By: ajp17

ajp17 — Wed, 28 Dec 2022 20:27:00 +0000

I have the VIX still above the up trend line and QQQ breaking the 14 year bull trend line, back testing and rejecting. My biggest concern with QQQ is the positive divergence.

By: Mikeflegel

Mikeflegel — Wed, 28 Dec 2022 19:35:55 +0000

Does anyone have any idea why the Vic is going down so steadily with the market tankin

By: trade0039

trade0039 — Wed, 28 Dec 2022 17:23:36 +0000

In reply to George.

Personally I think at this point it will be catching the falling knife @ Geroge.

Not to mentioned everyone is expecting recession in 2023 and Beginning of the year is always Bearish for SPY than 4th quarters!

I can say I am waiting for Capitulation!!!

By: George

George — Wed, 28 Dec 2022 16:15:55 +0000

QQQ getting close to 260, anyone buying at that support?

By: trade0039

trade0039 — Wed, 28 Dec 2022 15:18:20 +0000

Is Randy on vacation right now?

By: Mikeflegel

Mikeflegel — Wed, 28 Dec 2022 05:40:39 +0000

Randy are we going lower this is after hours Tuesday. Or should we lock in

By: Mikeflegel

Mikeflegel — Tue, 27 Dec 2022 19:57:19 +0000

Anybody remember if Randy is in office This week . Thank

By: Mikeflegel

Mikeflegel — Tue, 27 Dec 2022 14:38:42 +0000

Hope you had a good Christmas Randy, Wonder if you can get a started off right here looks like a down day to begin with on NQ

By: Jeff Vandenburgh

Jeff Vandenburgh — Mon, 26 Dec 2022 16:49:32 +0000

In reply to dbaldor. URA and URNM are a couple of liquid uranium ETFs. Both have been consolidating in descending triangle patterns for the last year or so and need to break one way or the other to signal a potential new trend trade.

By: KevinK

KevinK — Fri, 23 Dec 2022 20:27:26 +0000

Merry Christmas Randy, and and anyone else out there still watching the market on this Christmas eve.

And Randy, thanks for your continued work and analysis. You gave me a nice Christmas present with the TLT headsup.

By: Scott

Scott — Fri, 23 Dec 2022 19:51:57 +0000

Trading volumes are not even close to being low. They’re roughly average for the year and about 30-35% higher than the week before Christmas last year. In other words, we are seeing above average volume for a holiday week.

By: dbaldor

dbaldor — Fri, 23 Dec 2022 18:31:59 +0000

Hi Randy,
Would uranium also fit in with the commodity trade? SRUUF is a fund which holds uranium. I don’t know if there is a ETN or ETF.