Loading ...Friday I chickened out with my JNUG with a 4% gain, and then watched it climb to 14% by day’s end. Grrrr!
This morning I jumped back in and just sold JNUG with a 12% gain. Will probably go to +30% before day is through. But a much better trade for me to start the week.
The way I am reading the action in the PM stocks is that folks are itching to get back in after the past few down weeks. It smells like a bottom, it feels like a bottom….I just hope the Fed rate increase don’t knock the wind from under our wings. PM stocks way out performing the phiz today. I good sign I think.
Perhaps the Ides of March means a rough time for banks, and a lift off for gold? Nothing is ‘normal’ anymore. 🙂