|Day Low/High||28.70 / 30.43|
|52 Wk Low/High||10.61 / 40.11|
Gold and silver miners are getting close to maximum pessimism, and I have already started on the materials space.
Coeur d'Alene Mines is currently the best play in silver. By Tim Collins Silver Wheaton (SLW) is my go-to gold standard (no pun intended) when it comes to the silver names, but when I look at this chart, I don't see a bottom. I don't see strength. I...
Jeb Handwerger, editor of GoldStockTrades.com, says supply problems at major miners will push silver prices higher.
NFLX doesn't get pinned too often, so I am looking into a lottery play.
I'm not confident that there'll be a big upside move when the FOMC news comes.
Many of the silver stocks are just below or breaking above intermediate-term resistance.