This economical recovery is a total farce. As wall street played that game they shorted gold and gold stocks. Now they will be going long these while shorting other sectors in the market. Wall street moves the market which is why they always win in the end.
This is wall street. This sector they are short. When they are short you know the sector is going down.
It will get very oversold and they will cover with shares that the clients want to get sell because it is so low. Look at MU. They were telling everyone to buy this while they shorted.
Certainly has been a good short and looks like it goes lower today after a close at 56. WOW! Market has turned very negative as wall street is shorting.
They are the ones making the money. Majority of the others are on assistance so we see the M, KSS, WMT missing.This has been the great economic lie not recovery as OBAMA attempts to share. Soon we will have another dishonest, narcissist individual in office. Yes Hillary will sell her soul and ours to be president.
Shorts still have time to take it lower before they cover. Most of the solars have come back nicely. Appears to be more shorts not willing to cover with CSIQ. Will just have to see what happens.
Obviously wall street is using this time to make their money in many sectors short. When they short then few buyers. Many times the bid is just a short covering. Hence the steady down movement even when a solar beats.
Market in trouble. The lies the government is telling has become so overt. Over this great recovery more jobs lost than gained yet they only talk about jobs created. Jobs created are paying less than jobs lost make it a double blow. Now Hillary wants to blow another 350 billion to schools and students which is another fraud to get votes. Where will the jobs come from. i get it. SHAK will hire these graduates for minimum wage. We have lost our minds. Lack of real values as we have created our own worthwhile values. IT IS ALL ABOUT ME! I am god and I will decide what is best. Clinton, Bush, Obama have just continued to tell lies and we call these folks leaders of the greatest country in the world. With leaders like this we are in for a great fall. There is a reason FOSL is falling like Humpty. The reason is this leadership of the country. But we will call for the leadership of FOSL to be disposed. Wake up America.
You are funny. Who would only buy 500 shares when the price is under 10. You seem very angry. You have maybe been on this board for some time. I would think you have lost a considerable amount of money if that is the case. I am sorry for you but it is not necessary to take your anger out on others. Hope it gets better for you.
I did buy the dip in NUGT at 3.55. Sold at 3.81. Out and watching now. Can not tell you what I am looking at as that would constitute giving advice.
Just an observation.
It could but even with the dollar losing ground today they still not letting gold move up. Until the JPM's let gold move up it will stay under 5. Of course if they do a reverse stock split again it will go beyond 5.
Some day one would think this would change but until they decide to go long gold it is not going to happen.
Bought at 14.65. They did beat. Chairman gave no reason for leaving. I am going to go out on a limb and say it is health. Very valid reason when no comment regarding moving on for new ventures or spending more time with family. Hopefully health isn't the reason but I am buying because because I think it may be and this is way oversold after those earnings.