You have a link to back up your post here citing layoffs? Please post the link. Many others do NOT see what you see and this is supposed to be just a dip before the next leg up after the Fed makes its move to taper or not to taper. Anxious for ALL to see where you get your information to make such bold statements. Thanks!
Have been dealing with the same question for the last few years. Valuation and technicals have little to no value when markets are and stay whipsaw make NO sense whatsoever. This time of the year there used to be some stability and slow up moving in the markets but that is not so. It's a stock pickers market and we are subject to the manipulators. Stocks move more with news issues than technicals. Silver along with other commodities should be UP since $ index is down around the 80 mark. Hang in there. We are all in the dark right now and anyone who says they are making serious money in the market now are either a liar or just plain lucky and on the correct side of the trade after they open their eyes. VERY FEW are navigating the market well here.
I believe everyone ELSE knows what you are referring to and we are all scratching our heads trying to figure out Why? the price has been anemic! Unbelievable!
I despise the message boards but every once in a while there are some people with good info like you and dj28rd. Thanks. Just what I am seeing too. These boards would serve us so much better if more like you 2 post non-biased and informative things like you did. Be well and good trading! UF
Dont know why but I the $ Index is DOWN over .30 and silver is down 7c and gold is barely green and that does NOT make any sense either. Dollar drop should increase commodity prices. Even oil is down. Unless they dropped the $ as a factor in the measurement of commodity value then this is just plain screwy and has been. But then manipulated markets should NOT make any sense. GLTA!
I agree this should have been closer to $25 today with low volume volitility but all other miners were in the same boat. Markets seem too cautious. Expecting to catch up with trend of silver prices like it normally does...tight stops are in place for my trade. Silver and Gold holding after hours so far. Waiting on market direction. Even IF the shutdown is over the spending will continue so I am expecting a win win in any case. SLW has little to NO debt and little risk sine it's a streaming company in silver and gold. Good trading!
It did that and more today. Expecting market uncertainty to ctach up with people going to commodities. I believe miners were caught in the drowning of other stocks in a down day. SLW looks to me to be in excellent position to pick up from here. Charts do concern me so I have tight stops just in case. Good trading. Thanks - uf
Agree rokdoc49 - The NEXT apology and bowing down tour should be directed towards ALL US veterans. A veteran and a US soldier is a person who made an agreement giving the US and ALl its citizens his/her blank check with payment up to and including their lives. To that we ALL owe these brave men and women a debt that could NEVER be repaid. But the very least we owe them is honor and total respect !!! Something this admin knows little to nothing about! Our military is the reason why we enjoy the freedom of being part of the greatest nation in the world. Not our politicians! God Bless our military heroes!
we_are_borg - Absolutely Right! Poor leadership in DC just shows how pathetic they made us and he is NOT fooling anyone as the Middle East and Russia and the rest of the world for that matter just saw what a paper tiger they made out of the US by the Spineless DC politicians. Strong military with weak leaders is just plain dangerous for us.