Comments on: Stock Market, Commodities, Precious Metals, & Ag Input Trade Ideas 8-10-20

By: becky

becky — Thu, 13 Aug 2020 18:49:08 +0000

@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.

By: pbwilli37

pbwilli37 — Wed, 12 Aug 2020 14:11:48 +0000

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?

By: Lake4

Lake4 — Wed, 12 Aug 2020 02:26:59 +0000

In reply to rsotc. Thank you.

By: rsotc

rsotc — Tue, 11 Aug 2020 18:45:26 +0000

In reply to Lake4. 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).

By: Lake4

Lake4 — Tue, 11 Aug 2020 16:01:49 +0000

Randy, do you have an updated T1 for short GDX, long DUST ?

By: jimfoltz54@gmail.com

jimfoltz54@gmail.com — Tue, 11 Aug 2020 14:11:00 +0000

In reply to rsotc.

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

By: rsotc

rsotc — Tue, 11 Aug 2020 13:58:30 +0000

In reply to Roth09. Congrats on the profitable commodity trades & tell the Mrs. to let us know when they hike the price of Cheerios. ;-)

By: Roth09

Roth09 — Mon, 10 Aug 2020 21:34:25 +0000

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!