Stock bears still haven't won any battle yet
Look @ SDOW vs the VIX
no breakout gains there, NO?
I bought the alleges 100 share offer @ $5.70 only to find out that there is more stock offered @ that price
FYI.. this is only the 3rd month in 18 months that JCLY hasn't traded BELOW $5.00
& this year is the 1st year in what? a decadethat stock was REPURCHASED AT $5.00
CHANGE is AFOOT!
STILL DOWN over the past 52 weeks.. BREXIT or NO BREXIT!
MINERS are UP 50% & GG ? up only 10%
PPT need not even seek cover for their dastardly deeds (crimes)
Russell, Wilshire & NYA all DOWN more than 1 25% &
the SPY & DOW give ground grudgingly
today marks the 2nd reversal day on high vol(for FRD)
seller dumps on up days killing any hopes of overcoming resistance @ $6.19-6.28
poor unloved FRD
the charts fail @ every attempt only offering potential ,no followthrough
$5.96- 6.20? really now
for the 3rd time in 2016...
can this week top the vol barriers of 4/25/2016 & 1/11/2016 ???
Change is afoot IMHO
what a difference the "manipulation' option makes.
RUSSELL 2000= #123.03
PPT enhanced option (PUT) does make a difference
yet they loss control on AU & miners back in Feb as both achieved +++MoMO++ after a 54 month cyclical bear market
especially if FRD closes UP on the day(reversal) , above the 50dma & eventually on EXPANDED volume
MAY 2016 HUI @ # 201.32 vs #166.82 MAY 2015
MAY 2016 DOW@#17,787.20 vs #18,010.68 MAY 2015
LET'S HEAR IT FOR THE AUTARDS WITH BLOODIED RECTUMS!
ONCE A WEEK!
but there remain the unfavorable seasonals of June & July
the HUI remains ++ also (#166.82 May 2015)
the BULLISH % has slumped to 52% not uncommon even in confirmed bull markets
but it sure is uncomfortable
you are absolutely right, BUT the fact that real interest rates are negative & that AU is falling because it pays no interest shows how markets take on or discard guide posts as the DEEP STATE wishes
"AU FALLING ON NEGATIVE INTEREST RATES" the new MEME