Dana Lyons – Technical Analysis On US Markets, Gold and Gold Stocks
Dana Lyons, Fund Manager and Editor of The Lyons Share Pro joins us to share his insights on the current state of the U.S. equity markets and the technical outlook on gold and gold stocks, with a focus on the ETF GDX.
Dana shares insights on market trends, including the choppy movements influenced by politics and trade wars, the relative strength of large-cap growth, and the breadth within the tech sector. Additionally, Dana discusses market breadth, the potential for another upleg in the broader indexes, and individual sectors’ opportunities.
The discussion also covers the recent performance of precious metals, particularly gold, and the potential levels for GLD. Dana further analyzes the gold and silver equity markets’ current standings and offers strategic trading advice.
If you would like to take advantage of the special Dana is running this week please email us or Click here to visit the Lyons Share Pro website.
Gold, and GDX, may top tomorrow (Friday) before 0930 in pre-market trading, having been influenced by the NFP report. If so, a Put Option on GDX, two steps OTM (Out of The Money), initiated at market open (0930), could prove lucrative. The numbers in the scenario above may be adjusted in the morning. BDC
I’d rather sell options than buy them. How about selling puts on the leveraged inverse DUST or JDST. Earn yourself a little coffee money.
TH: There was a somewhat similar setup in May 2021 (though long rather than short) which carried through into Monday of an options expiration week. It paid over 700% same day. Tomorrow morning things may change. BDC
P.S. I don’t trade Futures/Options, but these one-off events are interesting.
A lot of newsletter writers were crowing how the turnaround was happening and mentioning Lion Metals stock, well the turnaround is happening, but LIO got whacked again today because they just did another financing. WHACK A MOLE! LOL! In the markets you have to have your ear to the ground and when Puxatawney Phil sticks his head up SELL! DT😜
B2Gold did convertible recently and got whacked. Now McEwen is doing it. Maybe take a hit later.
Yes, good point DT. The junior mining sector has always been a game of Whack-A-Mole!
https://www.fibonomics.com/2025/02/gdx-one-scenario.html
GDX : One Scenario (NFP?) : Gold Dollar?
Non-Farm Payrolls 0830 Friday.