7:54 am PST. The Dow is still headed towards 20,700, possibly 20,500, but I would have to see how it does at 20,700 first.

7:54 am PST. The Dow is still headed towards 20,700, possibly 20,500, but I would have to see how it does at 20,700 first.

7:23 am PST. Closed out my JNUG trade for about +.70 from yesterday.
6:59 am PST. Silver is up as anticipated. I am watching gold now. I think it might stall at the 1239 area. It has to close above to signal further upside.
XLF is also down and the dollar is down, as anticipated. I am looking for 25.40 on UUP before a bounce. EEM is modestly higher is probably going to consolidate now for a couple of days.

1:03 pm pst. Silver still looks bullish. XLF sold off into the close and I am a bear. JPM closed below the prints. UUP looks like it wants to make another low. TLT rallied today. UNG looks bullish, as does XOP.
11:39 am PST. XLF still on route to $24. JPM had a 517,000 share block trade at 90.52 and we are below. Need to watch the close. Dow still looking towards 20,500, but possibly 20,700 first, depending on the close.


10:59 am PST. VALE is eventually go to $12+, probably by next month or so.

8:23 am PST. I stopped out of my GDX calls. Very small position. I think gold is overbought now and going to correct.

7:39 am PST. EEM continues to make progress to the upside as expected. FXI too. It might need to consolidate, however, as it is becoming slightly overbought now.


6:02 am PST. Silver futures are up by .02. I still like the pattern. Next level of resistance to overcome is 17.55.

1:00 pm PST. Silver closed right on $17.39, lol. Good enough as the pattern looks bullish for next week. Quadruple witching today. Happy St. Patrick’s Day!

The Dow looks like it wants to go to 20,500.

12:39 pm PST. EEM looks bullish for next week.
