THESE ARE ALL RELATED TO SILVER. The first 2 are leveraged ETFs, these are best used for short-swing term trades. The third is an ETF on the Silver mining industry if you'd rather not pick a specific stock. The others are individual miners.
I'd pick one or two and treat the as a basket or one trade for risk management purpose, for example, perhaps a Silver 2x ETF and a miner or SIL. With the European markets closed by our early session, there should be little to move the Euro down as far as news which means unless something big news wise comes out of Europe late in their day or the US, the downward pressure on the dollar should help keep silver prices up, thus putting JPM into a short squeeze if in fact they are at the level, which it seems they may be.
We are buying for my private client, even with gaps up.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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