MARKETS,Anybody even yet?

[wildman49]

Been looking over what has been my best trader and I the biggest bulk of my YTD profit is in trading BITO. Sometimes I think I should forget the other junk and stick to what's working.

[dinghy]

If we can get GOLD to run to 4000 an OZ. NUGT might hit 100 easy.

Near-term, I like my miners even if gold remains stuck in neutral at 3300.

GDX fund flows have been horrific.

https://etfdb.com/etf/GDX/#fund-flows



No one of substance is holding or even looking at the miners. Everyone inclined to sell has already done so.

Been looking over what has been my best trader and I the biggest bulk of my YTD profit is in trading BITO. Sometimes I think I should forget the other junk and stick to what's working.

I guess I'm a trader by necessity. I don't set out to trade actively, but I regularly see moves that don't make sense, and I have to react.

I think my biggest individual moneymaker this year has been SBSW. It's nearly a triple off the February lows, and I've further juiced my returns by trading the fluctuations. I still like the prospects for platinum, but I've sharply reduced my share count. I just can't like the stock as much near $9 as I did at 3.

[TripleTriple]

O Great Wise One- dost thou seeth any plays in the pharma/biotech sector?

[dinghy]

O Great Wise One- dost thou seeth any plays in the pharma/biotech sector?

Olds should be back shortly. While he's away, my only such holdings are BAX, XBI and UNH.

BAX has been a severe laggard. Unfortunately I can't remember why I own it.

XBI looks cheap compared to most other sectors, but it's had a bit of a rebound along with everything else.

I wrote here about UNH as I was buying it, but it was somewhat of a blind stab. It's still cheap by some measures. I guess it's not technically pharma or biotech, but I may not know the difference .