Comments on: Gold, GDX, & EUR/USD Updates 7-1-22

By: Jspassar767

Jspassar767 — Fri, 01 Jul 2022 18:31:15 +0000

Randy any chance of an update on SOX index?. Semis have been hit hard and don’t know whether to double down for a quick recoup. Not my preferred way but still long unfortunately on AMD as I bought in around 85. Not proud of that move.

By: wrrouman@gmail.com

wrrouman@gmail.com — Fri, 01 Jul 2022 15:14:27 +0000

Looks like a nice stop raid on GLD and GDX. If we come back to test the lows it should provide a nice entry to sell puts or buy some call spreads for a few months out in time.

By: becky

becky — Fri, 01 Jul 2022 14:59:32 +0000

In reply to davenchop. I am short XLU. Will stop out if we get above 50 dma.

By: jmccallum

jmccallum — Fri, 01 Jul 2022 14:36:44 +0000

GM finally had to come out and admit they have built over a billion dollars worth of cars and trucks that are sitting in parking lots and fields awaiting parts before they can be sold. They HOPE to get the parts before the end of the year so they can still sell the cars and trucks this year.

and this was spun as positive news.

Been trading GM puts all year

By: davenchop

davenchop — Fri, 01 Jul 2022 14:00:46 +0000

In reply to becky.

XLU just about closed that gap…. been strong last couple days
lets see if the gap is the cap

By: davenchop

davenchop — Fri, 01 Jul 2022 13:49:47 +0000

In reply to becky.

if i tell you its going to rain today… sooner or later
i will be correct

By: becky

becky — Fri, 01 Jul 2022 13:30:19 +0000

Fool me once, fool me twice.