|Day Low/High||63.71 / 65.49|
|52 Wk Low/High||52.60 / 75.31|
It has been a quiet day on the trading and investing front. I increased my call short position on early strength, and added to my SPY put short position on the pullback. I also added to ViacomCBS and Newmont Mining .
With a 4% dividend yield - one can afford to wait for a rally in the price of gold! - I will be buying more on weakness this morning.
I made the following add ons to , and this morning at $167.25, $57.20 and $21.91, respectively. Also, I just covered my Netflix short at $584.50. I will reshort on strength.
Despite the beat down in precious metals on Tuesday, I added to my long positions in , and yesterday.
Newmont Mining is acting conspicuously well relative to the weakness in precious metal prices.
Gold is -$15/oz this morning. I am using this weakness to add to my and positions at $167.87 and $57.22, respectively.
A leading resource-focused money manager, looks at a trio of gold royalty & streaming stocks as well as two large-cap miners with diversified, global holdings.
Our series on metals continues with Industrias Penoles from Mexico, and it's only for experienced traders.
While bitcoin may be getting a lot of speculative attention and dollars, the world has more history with gold and silver and base metals.
The charts of WPM have not quite turned bullish.
Aggressive traders could go long AEM on available weakness.
My series on precious metals continues with a look at SSRM.
The path of least resistance for NEM is higher.
FNV has begun to show us signs of a bottom reversal - stable OBV line and improving downside price momentum.
While the market appears to be enjoying the election results (so far), here's my take on electric vehicles, health care, metals and restaurants.
There is a long and fast-growing list of many of the world's wealthiest investors who are eagerly buying gold and gold stocks right now.
Traders and investors could go long GOLD and/or add to existing longs at current levels.
You can't print gold. You can't devalue it. It is always a good idea to have some gold in your portfolio.
Just added to Jim Cramer's 'Covid-19 Index,' Newmont shares are powering higher as prices of the precious metal shine brightly.
There are stocks for people who believe we're roaring back, those who are hiding out from the virus, and those fearing gloom and doom. But here are the ones I'd give a workout.
These gold-related names are a great hedge against tail risk amid Covid-19.