ive been saying for a while now, i think gold can hit 1400 this year, but as far as my trading time frame, im looking for a retest of 119-120 on nugt, then im out. preferably i would like to be out before the next fed meeting, gold likes to sell off before a fed meeting, those are the times i scoop it back up.
wow nice, it also helps that goldman is super bullish about gold now, although i hate it when they pile into a trade idea and announce it, usually doesnt last long or it ends up doing the opposite of their conviction.
So are people really doing most of their purchases online now or consumers just aren't spending money? I don't know about others but I don't really shop online all that often lol, I still like to go to the stores and see the products
The thing is ROST did well enough for the past year, while other clothing retailers were declining. And ROST does not have any online shopping. So it seems to me that it's more like consumers just aren't spending money, they are bargain hunters. Further proof in the success of dollar stores like DLTR, DG, FIVE. I go to the mall with my iPhone, and look up stuff at amazon.com to comparison shop. I do want to see stuff in the store because that gives you confirmation that the product is quality (eg lawn trimmers), and I'll go online to read customer reviews and check prices. Read those reviews, and you won't need a salesperson. Amazon got the delivery game down, so if they've got a better price then I'd be a fool to pay more.
I am in Hawaii, so Amazon charges shipping on almost everything for me unless I spend $49 or more, but I can see that it could be cheaper for those of you in the mainland
I'm online and in stores. Clothing is in stores only. I have a 32/34 pant size and for some reason I need to go to the fitting room with every 32/34, 33/34 and 34/34 just to find one pair I can wear comfortably. For devices and tech, I'm with MarcyDarcy, I shop in the store and check reviews on line while in the store. If the price is within a percent or two, I just get it. That 1% of what little I buy these days won't change my life. I'll just avoid buying one pack of gum that month and call it even.
Transports didn't even flinch today. hit the 50 and proceeded to go straight down. At the 200 it fell off the cliff. Didn't even pose any support whatsoever. These guys have had a couple decent days...
Dollar hit its head again. At the low end of support zone. If the dollar loses support here, I expect commodities to go up further. In terms of gold I think the chart still has double the move left in it. In the last top, the indicators showed values of twice their current value. Add on top of that our hyper-trading mentality, when the "second" gold bull hits, everyone is going to pile in for two years. Watch out. It could be an awesome move.
Nearly there. Lots of volume at the close, might be exhaustion. I didn't bite. Just curious to see what it will do in the AM.
SPY between 206.40 - 207.40 right now. Watching which way it breaks. 15-minute chart: That orange trend line ~206.40 has been a support/resistance line for a while, even take it back to 1-day intervals.
Dilma Rousseff suspended as Senate votes for impeachment trial http://www.cnn.com/2016/05/12/americas/brazil-rousseff-impeachment-vote/index.html
scratch that I was looking on my phone and for some reason the charts showed higher than the peak 10 days ago...
