Sold some metal today
Sold ADA a couple of days ago and then sold SGR and HBM today. Trying not to get greedy. Taking 10-20% profits wherever I can.
I think the market is getting a little ahead of itself. Peaking too early, well before earning even come out. The AUR purchase certainly acted as a catalyst. I think this is especially true for HBM which a lot of investor equate with AUR for some reason I cannot understand. I expect HBM to to most it is running the last week of July and the first two weeks of August. Just prior to earnings coming out and for a couple of days after.
Copper plays are strong. For how long? I don't know but QUA is still under a trailing P/E of 5 even with it's recent run up. Still holding that one in shares and warrants.
After copper is finsihed running, it will be another metal's turn to run. Which one? Moly? Nickel? Zinc?
JFF7
It's better to be out wishing you were in than in wishing you were out.
"Markets can remain irrational longer than you can remain solvent". - John Maynard Keynes
