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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (93628)6/21/2017 10:47:06 AM
From: Qualified Opinion  Read Replies (1) | Respond to of 222168
 
I don't buy overvalued stocks. It's a royalty stock.



To: GROUND ZERO™ who wrote (93628)6/21/2017 1:30:42 PM
From: John Pitera  Read Replies (3) | Respond to of 222168
 
Hi GZ,

FNX interesting stock.. -- know you talked about the 5 day wiggle... the volume is quite low the past few days, the Money flow index is not good. It was below it's lower BB when it caught support at the 50 dma..... trailing PE is 95....

what is the allure?



August has been the seasonally strongest month for GLD, along with Jan and Feb over many time intervals over the past 20 years.

Gold did catch some support today at a fib level adn the lower BB band on TS.



JP