Metals. Now. (FCX,UUP,UNG)

Executive Lounge, Options Trader Elite

Metals. Now. (FCX,UUP,UNG)   We’re going to take a broad survey of the commodities today because recent action in the ‘stuff’ class is looking bullish, and we believe we’ve identified a clever way to trade it.   But first to the background.   We start with the dollar.   As of this writing, the buck […]

July 27, 2017

Gold Gap Zeroes Out (GLD,GDXJ,FCX)

Executive Lounge, Wall Street Elite

There will be some very interesting developments across the market over the next few days and weeks, and maybe the most important will involve the precious metals.   Why?   Well, to begin, the dollar has now traced a very bullish continuation pattern called an ‘ascending triangle’.  The pattern looks like this – An ascending […]

July 19, 2016