Replies to post #45038 on Direxion Daily Gold Miners Bull 2X (NUGT)

[ReservedRisk]

Week ahead..

BIG Dow companies reporting earnings this week..

"3 Stocks w/ Earnings To Watch In The Coming Week: McDonald’s on Tues, Intel on Thurs, Ford on Wed"
Also Boeing and Lockeed Martin Tues..

http://www.investing.com/analysis/3-stocks-to-watch-in-the-coming-week-mcdonalds-intel-ford-200475448

Dont forget about the miners earnings are going exploding due to rising metals prices. ;^)

Miners earnings coming..;^)
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151469636

Glta

[Citrati]

Why would I stop trading intraday when it works so well?
The general market doesn't want to drop yet because of earnings beats.
Gold is in a slight towndtrend with current sideways action and needs to resolve staying above 1500 or below 1480.
I would rather trade what is happening rather than guess at news, world conflicts, when impeachment may or may no occur etc. I do not hold overnight or over weekends as the intraday provides plenty of movement whether NUGT or another. All IMO only.

[ReservedRisk]

Tick tock..

Hmm... ;^)

Recession signal elements:
First yield curve inverts.
The yield curve steepens.
Industrial production slows & then turns negative.












$80B per month in buybacks
$60B per month in Fed Treasury bills buying
$75B daily Fed repo facility
Global rate cuts galore
#liquiditypump

Go long physical & miners, trade $JNUG $NUGT, & Stay away from $DUST.

https://www.kitco.com/news/2019-10-21/Optimism-is-high-as-Q3-earnings-season-for-gold-miners-kicks-off-BMO.html

Glta

[ReservedRisk]

No volume in the overall markets. Gold about to bounce back?

[ReservedRisk]

Make or break.

No REAL volume=No REAL breakout

glta