JNUG is my favorite stock to trade. I’m not sure you can really call it a stock though. What it actually is a VERY FAST moving ETF. Trading it involves Danger & Great Risk. In fact you could loose 30% of your investment in ONE DAY!
That’s right! ONE DAY and it’s GONE! Poof! Just like that. And all you’ll have is your tears…
However it can also be very lucrative if you get your timing right. You can also make 30% in one day…..
I am now using a very sophisticated algorithm to trade this ETF. A “Super Alogo” if you will.
Ya ya, I’ve already been told that there is “No such thing” as a super algorithm. But what these people don’t know is what I do know. Simply that it works. How long it will work for I have no idea, but for now it works amazingly well.
This “SUPER ALOGO” has a very attractive accuracy rate. It’s not 100% accurate but within its parameters it is very very close to being perfect. It can’t predict every world event which can move GOLD and Gold Miners but those movement seem to be short lived and the mean is always restored quite quickly.
I could tell you more about this “Super Alogo” but doing so would mean the Market Makers would have to change Their Game since this algorithm is so accurate as things are right now. I don’t want to rock the boat. I just want to make lots of money with it.
As for what direction the miners are going to move? I can’t tell you and honestly I don’t even know. But that doesn’t matter my “SUPER ALGO” will tell me when to sell and when to buy and it will also tell me when to STAY OUT! Which is also VERY important. In fact that may be the more important thing it does tell me. Basically when it tells me to “stay out” it is telling me that it cannot predict the future movement and it could be either direction and likely it will be BIG.
Friday the ALGO told me to SELL JNUG and stay out. It also told me to expect a pretty decent move Monday. Likely in the morning. Likely a pullback. Perhaps in the form of a GAP DOWN that might also last till at least the end the day. No worries. It will let me know when to get back in should that GAP DOWN prove to be a buying opportunity.
Are you interested in knowing more?
Feel free to contact me if you are.
According to this chart, which I really like, Gold is about to break up. Now of course much of that depends on what the FED has to say today at 2pm HOWEVER I don’t believe any new rate hikes are coming soon. In fact, I believe the next rate hike will be in December 2017. The FED has a pattern now. BLUFF, BLUFF, BLUFF, RAISE and then repeat the year after. Just one raise per year is all they can really do, the rest of what they do is “Fluff & Bluff”.
The U.S. dollar extended gains after stronger-than-expected manufacturing data on Tuesday. The dollar index is now sitting at its highest level in more than 14 years. The index is touching levels not seen since December 2002 according to FactSet data.
Jeeze… I wonder what will happen now…. Hmmmm…..
Looks like the USD and DOW / S&P are about to roll over! The massive runup they’ve had over the past several years is about to come tumbling down and what better time to do it then in a brand new year! HAPPY NEW YEAR 2017! Watch the DOW and USD crumble as part of the new year’s fanfair!
Today’s move in GOLD wasn’t just a head fake in my opinion, it was a serious sign that the USD is about to crash and GOLD is about to skyrocket. The FED used its’ one .25% rate hike last December and they did it again this December to show they ( FED ) had some credibility but that game is nearly over or maybe it is over now. They really can’t raise rates again any time soon without crashing the entire US economy and they know it. All the job reports and other reports have all been falsely manipulated which is clear to anyone living in the real world.
Goodbye US dollar – Hello New Gold Standard ( NGS ).
Russia, China, Iran and a few other countries are not playing along with the old petro-dollar and the US is FURIOUS. So furious they’re taking us to the edge of WWIII and that is a scary thought. They’d be willing to kill millions apon millions of innocent people just to keep their Hegemony.
Not sure how they’re going to get themselves out of this mess but it won’t be easy and it’s going to take some time. Maybe years. In the meanwhile GOLD should keep going up with nothing to stop its’ ascent into heaven!
Seems like gold is coming to a crucial testing point. It is what traders call a “DEATH CROSS” and for good reason. Typically this test can lead to a complete meltdown of the asset whatever it may be. In this case it is GOLD.
What will happen? Nobody can say for sure but the test is coming up very soon.
Will it bounce off the test ? Will is Collapse ?
My bet is it will collapse, but that’s just me.