Gold does not hold 1300

May 23, 2014 10:14 am / Published in GLD, GOLD, Market Update, SPY
Sooner or later we will break of the range in and because of the holiday I guess the short will not want to hold their positions over the long weekend. The market internals shows buying pressure 1.7: 1 in NYSE and 1.85 : 1 in Nasdaq. We will brake to the upside. Ahead of weekend

Market Sentiment

May 7, 2014 10:40 am / Published in * Trade Alert, GLD, GOLD, Market Update, SPX, SPY, USD/EUR
Sellers took control yesterday after the open as they did today. Now we are seeing some release but it might continue to test 1850. Surprisingly the EUR/USD still trading above 1.39 and Gold is trading lower (helping the short position I have).  This shows that the selloff is not here yet, the dollar needs to

Stock Market and Money Play with a Financial Advisor

May 6, 2014 8:28 pm / Published in GLD, GOLD, Video
There is a trade review from the  Stock Market and an interesting Money Play in GOLD trading with the Financial Advisor and Portfolio Manager. View the video bellow. Here we are going to review the trading today and a long-term position short in Gold.

Bad Opening – More selling

May 5, 2014 9:30 am / Published in * Trade Alert, GOLD, Market Update, SPY
  Premarket sell, if bulls don’t appear soon we might see a considerable selloff today: the data from china, taking profits and now the stops triggering is something new this market in a while. Wall Street to open lower on Ukraine unrest, weak China data Gold has broken on the upside. It is worth careful

Market Analisys – Caution at current levels could be forming a top.

April 25, 2014 1:09 pm / Published in * Trade Alert, EUR, EUR/USD, GOLD, Hedge, Market Update, Research
Today we are experiencing selling pressure and the market internals are showing more relative weakness than expected after yesterday opening. This confirms that traders are taking profits from equities and entering into bonds. News: Stock futures weakened during the pre-market trading session, leading to a lower open for the broader market. Investors, who have been

GOLD Uptade – 3% Gain

March 20, 2014 12:56 pm / Published in * Trade Alert, GLD, GOLD, Market Update, SPY
Exit gold trade with 3% gain. I am postive still in the SPY. The trade from yesterday is positive about 26%. Now you can use a trail stop on 10% of the position. I am looking to make 46% in about two weeks.