MARKETS,Anybody even yet?

[dinghy]

Big reaction from gold. GDX now above 66. I'm trying to trim, but waiting for the bid-ask spread to settle down.

[dinghy]

2yr Treasury yield now dipping below (about) 3.50. Quarter-point cut now seems certain, but half-point may be in play.

[wildman49]

Ya LULU might be a 3 day rule bottom next week. Mon-Tue.

[olds442jetaway]

I know I am a , and I have to admit I never heard of LuLu Athletic. I also rarely go into a shopping mall or shopping for that matter. I read a little about it and can’t get a real read on why I should own it either. Looks like it’s been straight down overall the last couple of years

[dinghy]

I read a little about it and can’t get a real read on why I should own it either.

I don't see any reason to NOT own it. It's reasonable (probably cheap) on valuation, with a strong balance sheet. I like the international growth because I think Orange Foolius will be neutralized.

Did I mention I was green again on a red day? WDOFF released good drilling results and no one cared, so I think it should move still higher, although the gold miners are arguably overbought by some measures.

[olds442jetaway]

Yes. I read the same drilling results. I almost sold at 14, but if a few more get Gold Fever, I think it will go higher. I get burned a lot by not taking a quick 10 percent, then waiting months or years only to use something as a tax loss.
BGS finally had some decent news on Yahoo. Knock on wood. They are keeping the big dividend so far. Sold RGLD way too early.
Can’t complain. Ahead a nice chunk overall for 2025.
I asked my sister about LULU. She lives in Sonoma where a small ranch house can sell for over a million bucks. She said…..OYeah! All the Yuppies around here buy their 100 dollar Yoga pants. . It’s still not for me. Hope you and Wildman prove me wrong. I read they wrote off Mirror as a bad debt. Forget when. Good luck with it.

[olds442jetaway]

Just the tiniest red today. Not bad. Green is better!

[dinghy]

I read they wrote off Mirror as a bad debt.

That was a flawed concept, upon ... reflection.