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Approach

The Approach – Confidence

April 9, 2017-2:31 pm traderscott 3

There is currently a tremendous amount of confidence in the US economy, the markets, the President, and also in real estate. Many indicators are at multi-year or multi-decade highs. I’ve done post after post about...

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Update – Gold/US$ Video

April 7, 2017-3:48 pm traderscott 4

The following video is about gold and the US$ regarding springs and selling miners into strength as stated in the pre-market comments. I’m very cautious about PMs this month, and May should provide an outstanding...

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Update (9:25)

April 7, 2017-9:28 am traderscott 0

The Dollar is continuing to trudge higher. Crude oil had another spike, and bonds also got back into resistance. I have 1/2 long position still in FAZ, and a long position in FSLR from the...

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Trend Absorption #1 – Gold Spike/Video

April 7, 2017-9:16 am traderscott 0

Trend absorption  is a pure momentum trade and it set up again last night in gold. I didn’t even realize what was going on with gold at the time, but the trade was there, and...

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4/7 Pre-market

April 7, 2017-9:00 am traderscott 0

Ronald Reagan and Donald Trump both came in during the beginnings of massive trend changes, and the background/basis of both eras were/are about debt. Interest rates topped in Sept. ’81 and dropped for 35 years...

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Update – HTGM – (1:50 PM)

April 6, 2017-1:54 pm traderscott 1

One of the stocks on our list this morning was HTGM. It took off like a rocket a few minutes ago, and is up 40%. I have no position in it, but some of you...

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Update (9:35 AM) on April 6, 2017

April 6, 2017-9:39 am traderscott 0

It’s pre-employment number day, and I just took some short term trading profits in FAZ at 20.08 – probably too early. And just to add,  just partial profits....

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Update Stocks (9:25 AM) April 6, 2017

April 6, 2017-9:28 am traderscott 0

Stocks to watch – just a few: The fuel cell stocks – PLUG was another real good one for us as it has doubled. It’s helping the others BLDP and FCEL. FCEL is adding up...

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4/6 Premarket Comments (9 AM)

April 6, 2017-9:01 am traderscott 0

The French elections are coming up May 7th. The Euro is in a major downtrend, and it just had an upthrust thru the huge 1.088 resistance area. May is likely to be a turning point...

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