TRCH Daily…
Another energy play…
I am in if breaches $1.75…
NUGT 60 Update…
Stoch getting into buy territory–still waiting for the TRIX signal…
Did not get our quick flush out today, maybe tomorrow…
UPDATED CHART…Watch the RSI 5 trend line in pink and the small wedge…
THIS COULD BE BULLISH AND POSSIBLY BE THE END OF CORRECTION
Do you know if they are a regular Oil & Gas producer or a Fracker?
https://www.change.org/p/jim-benson-stop-fracking-next-to-el-paso-texas
Fracker, not good! Listed on Nasdaq 3 weeks ago…
Eagle, Thanks, I won’t touch Frackers no matter what the charts look like as their balance sheets are usually loaded with debt to fund their CapEx rather than retained earnings.
Powder Kegs waiting to explode, IMO.
Thanks for the ES….interesting play with good volume…I am a fan of the Oil and NatGas play as well…Like CNX, exited at $19+ but would be a buyer again if it drifted back lower for sure….well run….I also like BTE, appears to be well positioned for any comeback….
Bought StatOil STO last week for a “Triple play in my IRA.” Hey that rimes… 😉
STO pays a 5.6% Dividend, is poised for growth and as they are based in Norway, I expect the Krona to appreciate against both the USD and the EURO in the year ahead (ForEx play).
Hey Surf, I could see the Krono (or any other european sovereign currency appreciating above the euro, but why the dollar? I am of the opinion that the dollar will keep heading higher driven by risk off and no where else plays?
Monovasia, It is what I see in my Charts and Cycle Analysis. The USD’s 3 year Cycle has topped and I see it moving lower into the Spring of 2017. Based on my reading, I also believe that the G20 is executing its plans from back in 2010 to replace the USD as the global Reserve Currency, over time, with the IMF’s SDR Bond. This will take time but if it is the plan, demand for USD’s to facilitate global trade will begin to drop (this is already happening with all of the BRIC’s bilateral trade agreements that bypass the USD).
https://goldtadise.com/?p=378298
Very interesting, Thank you Surf…appreciate the take
Thank you for the NUGT update.
Thanks for that update. If we break above that double top I am going all in…