Amazon

All these years of wrangling gold stocks and losing, and all along Amazon was the only place to be. And, strange as it may seem, it still is the only place to be. If someone doesn’t stop Bezos, he will replace all storefront retail. He’s well on his way. The stock will never stop its upward trajectory until we collapse as an economy, and even then, who knows, he will still be selling survival gear and freeze dried food.

Its a love / hate relationship

US Stocks

Did anyone notice the Major US Stock Indexes all broke out today ?

Many of them like QQQ and SPX and even XLU ( Utilities)…To new Highs !

Yet Again the SM Shorts are trampled by “The most Hated Bull Market in History”

Rambus members noticed
https://rambus1.com/2017/05/25/stock-market-update-5/

Is it just me or is there no one else in this Community following the “Blue Chips”

Perf Chart from The Bottom of the World Financial Crisis Nov 2008.

Why do I think someone is gonna get burnt

This is from my good friend and former Rambus member in Greece

Palm Beach Research Group

*Time to Take Some Profits…*

Dear Alexander,

Our cryptocurrency recommendations have been exploding to the upside.

* Bitcoin is up 455% since we recommended it.
* Steem Power is up 1,669% since we recommended it.
* Ethereum is up 1,972% since we recommended it.

I still love all of our plays, but it’s time we rake in a few profits.
So I want to sell just 10% of our positions.

We’re not selling any bitcoin, however.

When people take profits in the crypto market, we’ll see bitcoin prices
rally. That’s because traders generally swap their other coins for bitcoin.

Let’s book some profits and position ourselves for the next round of ideas.

The way to do this is to sell 10% of your position for bitcoin. Hold on
to the bitcoin because I think it’s going much higher.

Here is the plan of action:

* Sell 10% of the following open positions (see below).
* When you sell, convert your profits into bitcoin.
* Hold on to your bitcoin and use it to fund the next round of ideas.

*Action to Take: *Sell 10% of the following open positions for bitcoin:

* Ethereum
* Monero
* Steem Power

(For example, if you own 100 Ethereum, 10% would be 10 coins.)

*Note:* You can transfer your coins to your preferred exchange (we
recommend Poloniex, Bittrex, or Kraken
).
When you transfer the coins to the exchange, you will be able to sell
them for bitcoin.

After you sell for bitcoin, transfer your bitcoin to your wallet for
storage. You can view a list of our recommended bitcoin wallets right
here

Some good looking charts

I have the impression from looking at several gold explorers that there are too many bears around and summer rally is gradually starting in juniors:

 

Almaden: strong volume, RSI above 50, investors still want to get in after strong feasibility study in April

 

Minaurum Gold, RSI back above 50, lower volume,but nice drilling news

 

 

 

Nexus, RSI back above declining RSI trendline, move up in anticipation of drilling news

 

Vendetta looks like it wants to break the 0.27 on weekly chart. Of course this is a zinc explorer/developer and with the zinc shortage it has different cycles than gold names

 

Of course anything producer related and GDXJ exposed will suffer until GDXJ re balancing, but I guess this will be over in some weeks

 

Weird Trading Rule

Have you guys heard of the “tick size pilot program”? I hadn’t until today when I tried to enter a limit order trade for Richmont Mines @ $7.31. The order was rejected and a message popped up saying that I can only enter trades for RIC in $0.05 increments. So I reentered the trade limit @ $7.30 and it was accepted. Maybe this is how they’re trying to address HFT or something. I was always wondering why RIC didn’t move as often as other stocks. Now I know.

Golden Arrow Resources

garwf /  grg.v … I am looking for a breakout in this soon.

http://epsteinresearch.com/2017/05/24/how-undervalued-is-golden-arrow-resources

 

 

 

 

Graddhy vs. Eagle…

P.S. I am not the fella on the porch 🙂

NUGT 60

Graddhy, looking good so far with a small bull flag breakout…
I do have a small position in NUGT awaiting the 13/34 EMA cross to add…

Premature; however, the TRIX does want to cross back up at the purple line completing previous symmetry…

NUGT & DUST

Looks like we have a small pull back coming up here now which is moving DUST into position. This also fits with my US dollar BT coming up post earlier today.

Or what do you say EagleSeagle..?