Trading Strategies for Amazon and the S&P
Allison Ostrander, Director of Risk Tolerance at Simpler Trading joins me to share her trading strategies for Amazon and the US markets. Amazon has been stuck in a tightening range all year but in the last week showed some strength. As for the US markets, the uptrend continues but in no way is this a market that you can go all in on at these levels.
Click here to visit the Simpler Trading website and follow along with what Allison is trading.
Hey guys!
It’s been a fun year and my best of wishes for 2020 are shared with bob and Nigel and with all the fine folks in here who keep this report moving and entertaining. Like others i may not post as often as before but this is the place I come to on a daily and weekly to bring me sanity and perspective of what is to come. All you guys lead by al, doc and Cory are amazing people.
I want to give a special thanks to Matthew who consistently gives people straight up quality companies and names months even years before they take off and you deserve a lot of praise buddy! Thank for all your charts and bard work…
To ex thanks for all the valuable information on the longest list of miners I’ve ever seen lol. You truly out a lot of time and effort and you should be commended for this!! Thanks
To Mr moriarty,
I know it’s been a tuff year with the loss of your wife and words can’t explain what it is to lose the most important thing in ones life. I personally thank you for your hard work, amazing reads of the markets and the veteran knowledge you bring to the game for people like myself half your age. There are so many thing you do just mine Matthew and one thing I really enjoy of the many is that barometer you share with us from time to time on investor sentiment with miners. By the way we are due for one :).
I was lucky enough to purchase impact at .25 even though Matthews had recommended it even lower lol. That’s how life goes! I won’t sell this puppy until either acquired or gold breaks through that 1900/2000 zone. This has plenty of potential.
Continue to own a few others and one in particular that is showing signs off life having gone dormant for a few years. Sometimes patience pays itself.
Happy new year to all and to all good health and prosperity.
Happy New Year, Glenfidish! I noticed that your secret pick (that starts with M) has been doing well lately.
This year is going to be a big one for the miners.
Thanks for the kind words Glenfidish. Happy New Year amigo!
Good to see you posting here Bob UK. May 2020 be a prosperous year for you.
Thanks Excelsior. Same to you.
Just echoing Bob’s comments. Thank you to Al, Cory and everyone who contributes to KER for another excellent year.
Best wishes to everyone for 2020.
AMZN is heading to and through the July 27 gap:
https://stockcharts.com/h-sc/ui?s=AMZN&p=D&yr=0&mn=9&dy=0&id=p33466198797&a=710290876
The next resistance of any significance for IPT is .56-.57…
https://stockcharts.com/h-sc/ui?s=IPT.V&p=W&yr=3&mn=11&dy=0&id=p53609235895&a=685754391
Quite the move out of (REX) Orex Minerals today – a large bullish candle up 40%.
(SCZ) Santacruz Silver Mining up over 14% today was a nice way to end 2019.
Another one of the Silver producers that had a very nice 2019 was (SVM) Silvercorp:
Not really a surprise as it has the lowest All-In Sustaining Costs and best margins of any of the Silver producers hands down, so they’ve been generating lots of free cash flow all year. In addition, their large stake in (NUAG) New Pacific Metals has paid off nicely. Great execution on their strategy.
SILVER is Incredibly Undervalued – In Gold We Trust Part 8
Mike Maloney & Ronnie Stoeferle • Dec 31, 2019 – #VIDEO #Chart
Gold’s December rally stays alive to seal best year since 2010
Bloomberg News | December 31, 2019
“Gold climbed to a three-month high to clinch its best annual performance since 2010, as a weaker dollar helped cap a year marked by global economic jitters and trade frictions.”
“Bullion has gained 19% this year as central banks globally embraced looser monetary policy to boost growth. Brexit, unrest in regions from Chile to Hong Kong and buying sprees from key central banks and exchange-traded funds have also helped support prices.”
https://www.mining.com/web/golds-december-rally-stays-alive-to-seal-best-year-since-2010/
Golden Year for Precious Metals as 2019 Sees Glistening Run
Reuters | December 31, 2019
“Silver and platinum, which like gold are often seen as safe investments in uncertain times, also saw their largest annual gains in several years.”
“Central banks are also buying more gold and have flipped from tightening to loosening monetary policy, pushing interest rates and bond yields down and making non-yielding precious metals more attractive to investors.”
“An environment of low rates, persistent macro uncertainty, and elevated equities makes a case for holding gold as a hedge. This view could likely drive demand for gold higher into 2020 and lend support to the current medium-term uptrend,” said Stephen Innes, a market strategist at AxiTrader.”
https://www.mining.com/web/golden-year-for-precious-metals-as-2019-sees-glistening-run/
Global uncertainty and economic slowdown see gold shine and the rally is expected to continue
Rachel Pupazzoni – 11 hours ago
“As the industry met for the annual Diggers and Dealers mining forum, the price of gold had never been higher in Australia.”
“Gold peaked at $US1,550.30 an ounce in early August and while that’s not the highest price gold has ever been sold for — in 2011 it recorded its all-time high of $US1,917.90 — the exchange rate meant it was a record high price in Australian dollars.”
ETFs, Hedge Funds Pile Into Platinum On Brighter Demand Outlook
Bloomberg News | December 31, 2019
“Long-only exchange-traded funds focused on the precious metal used to curb emissions from diesel cars attracted $850 million this year through Monday, the biggest annual inflow. Hedge funds and other large speculators boosted their bullish bets on platinum to the highest in more than three years.”
“Platinum had fallen out of favor among investors after Volkswagen AG’s emissions-cheating scandal in 2015 prompted commuters to turn away from diesel vehicles. The market has overestimated the decline in demand for autocatalysts, as stricter emissions standards required higher loading of the precious metal, Ryan McKay, TD Securities commodity strategist, said in a phone interview.”
https://www.mining.com/web/etfs-hedge-funds-pile-into-platinum-on-brighter-demand-outlook/
It has gone 5 in the evening here in the UK. I am going to tune out now, open a bottle of something and reflect on the past year. Contemplate what is to come.
I just want to thank everyone at KEReport for the daily reports and commentaries. I don’t comment much these days but hardly a day goes by when I do not listen in, when I do not read through the comments.
Thanks everyone for your work and contributions.
May 2020 bring us all good health, happines and, well, who needs more than those two. May the Universe brings us all good things in the year to come.
https://www.youtube.com/watch?v=n7VT2EHa0b4