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  1. H

    I like GLD at this level

    How the link was related to your statement? It says Ford is cancelling its investment in Mexico regardless of Trump because it does not need a new facility because its sales in small cars is declining. Ford will move the facility to Mexico in 2018 anyway (according to CEO). Actually if you look...
  2. H

    I like GLD at this level

    I can say it is true but it is an old news and USD is not getting stronger anymore (last week). It is got saturated. In other words, that piece of info is more than priced in the current price of gold. What is new is that as we get close to inauguration day, the anxiety is increasing and the...
  3. H

    I like GLD at this level

    %1 pop today confirmed. Up 5 days in row. I expect it to close 112.5 by Friday. I am long AMZN, WMT, SBUX, and GLD and short ADI and CAT.
  4. H

    I like GLD at this level

    expect a 1% pop on Tuesday.
  5. H

    I like GLD at this level

    Bitcoin just hit its high. It shows people are moving (not flying) to safety. Safer than common currencies which is bullish for gold.
  6. H

    I like GLD at this level

    Unless I see 5000 Caterpillars and tons of trucks 10 days after inauguration at the boarder working on the wall, I would be bullish on GOLD. If we only get only those 3AM tweets, they will cause worldwide chaos and troubles. They should start building it 10 days after inauguration as it is a big...
  7. H

    I like GLD at this level

    I understand your point but I do not trust TA that much or at least TA is not the only decision making factor for me. Gut feeling, TA, Fundamentals, probability, .... all together make my decision. I do not want to open my eyes when GLD is at 210 and say " Oh it seems that GLD is going up...
  8. H

    SBUX for swing trading and long term

    I liked SBUX at $55.5 so the way I traded it was to sell Jan 6th $55.5 put for $0.50.
  9. H

    SBUX for swing trading and long term

    SBUX is buy at $55.50. The buy signal was triggered just now.
  10. H

    Your stock picks for 2017

    Everything is overvalued except GLD now. Check out ADI that I mentioned. Semi will drop at least 20% from here. A very obvious and good sector to short.
  11. H

    I like GLD at this level

    It does not mean that GLD will not go down. It means that I believe even if it goes down, it will drop less than stocks. Just check it today. Compare it with HD, AMZN, ADI,..... Basically I mean it is safer with a high possibility of bouncing back.
  12. H

    CAT

    I got two news on CAT being downgraded today. They are paid news. They might become public on Monday. I expect a possible big drop on Monday. $4 drop in a day is quite possible considering the recent run up.
  13. H

    I like GLD at this level

    I always sell covered call on my shares. i sold weekly covered call on 2100 shares that I have. strike of 115 for Jan 6th for 8 cents. Personally I predict GLD will close at 112.5 next Friday Jan 6th.
  14. H

    I like GLD at this level

    GLD 15 minutes It also shows that we are long a quarter of million dollar worth of GLD.
  15. H

    I like GLD at this level

    Today an interesting thing happened. GLD has been up for 4 straight days. Today it was up over 1% and closed at almost high of the day. We see news surfacing that maybe the worst for GLD is over. I am sure when GLD hits $140, everyone will become bullish but would be late. Even buying some GLD...
  16. H

    Your stock picks for 2017

    Semi stocks are at bubble. ADI, TXN,.... will tank. Boeing (BA) will do good. Bank stocks will be OK and Gold will shine again.
  17. H

    I like GLD at this level

    Sure. You mean in 2018 or a few months passed in 2017? Which government you are taking about? The world is not just US. By the way your statement on when people buy gold is totally false and baseless.
  18. H

    I like GLD at this level

    I can not prove this but I believe it is impossible things might go smoothly even the first month of the presidency. Trump presidency is unknown in terms of what he is going to do so everyone has priced in its effect based on his imagination/expectation. Market and Gold do not always go in the...
  19. H

    CAT

    CAT is DOW's worst performer today.
  20. H

    I like GLD at this level

    Everyone is bearish on gold and GLD has been beaten heavily in the last couple of months and in 2016. It seems bearish sentiment too obvious on GLD. Based on sure chaos that will be created after Jan 20th and overvalued stock market, I believe it makes sense to be unorthodox and nibble into GLD...
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