Friday March 29th – The Game Plan

It doesn't matter if it is a Chess Game, a Football, Baseball, Basketball game ,  business planning ,or the Stock Markets-   I have never known a winning team that did not think ahead and have some kind of a game plan.  That's what Fridays report is going to discuss with the Precious Metals Sector...

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Thursday March 28 – The Balancing Act

With the current market set ups, we have seen some choppiness.  I raised my stops and got stopped out of a few positions, and I may just strike that balance between cash & positions until things settle down a bit.  Let's take a look at the markets.

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SPX - The SPX lost the 10sma again and the MACD crossed down, and this would normally look a bit more bearish than bullish . Last week I took a position in the SOXS, but I'm going to show you why I decided to close it for now.

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March 27th – Market Action

     

SPX - With a peak on day 9, price dropped, and then barely recovered  the 10sma Tuesday.

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