The following video provides technical analysis & trade ideas on the major stock index futures, gold, silver, GDX, SIL (miners), various ag input stocks, and agricultural commodities. Silver or Gold level access initially required.
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Stock Market, Commodities, Precious Metals, & Ag Input Trade Ideas 8-10-20
2020-08-10T15:53:00-04:00Aug 10, 2020 3:53pm|Categories: Equity Market Analysis, Gold & Commodities, Subscriber-only Content, Unofficial Trade Ideas|Tags: $COCOA, $COFFEE, $COTTON, $GOLD, $NATGAS, $NDX, $SILVER, $SOYBEANS, $SPX, $SUGAR, $WHEAT, /ES, /GC, /NG, /NQ, /SI, AVD, BAL, CANE, CF, CGA, COW, DBA, GDX, GLD, IPI, JJG, JO, MBII, MOS, NIB, QQQ, RKDA, SEED, SGG, SLV, SOYB, SPY, UAN, UNG, WEAT, YTEN|8 Comments
Excellent video Randy. My knowledge of commodities has increased 1000% thanks to you. I’ve done very well on commodities trading in the past 6 months. This just adds another form of income for many years to come. I even have my wife involved. She keeps me up to date on what she is paying for groceries. Thanks!
Congrats on the profitable commodity trades & tell the Mrs. to let us know when they hike the price of Cheerios. ;-)
Might be cautious regarding MBII. Potential lawsuit for breach fiduciary duty by the board of directors: https://finance.yahoo.com/news/shareholder-alert-purcell-julie-lefkowitz-111000837.html
Randy, do you have an updated T1 for short GDX, long DUST ?
T1 on GDX is 39.09 & was just hit (still trading there now). T2 37.47 & a potential T3 (depending on what I see in the coming days/weeks is 31.33 (unadjusted targets/actual support levels in which a reaction is likely upon the initial tag).
Thank you.
Randy or anyone else.
What is your thoughts on JJG and the low volume when trading this? Does the low volume effect the price other than the spread and ease of getting in and out? It appears that this might not track the commodity price in real time but track only on the ETN or ETF’s bid and ask?
@rsotc MOS rests at the down TL it broke above the other day. Do you think it’s objective to add to position at this point? MOS is trading around $17.37 atm.