TAKE PARTIAL PROFITS ON CDE, HMY, AND ABX
Depending up on the quantity held, consider taking profits on one-third of the remaining position in CDE, HMY and ABX.
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Gold has smartly moved up on China seizing a U. S. drown. The probability of the situation escalating is very low. For this reason this is not a trigger to buy gold. However this was a trigger earlier to book partial profits on some of our precious metal short positions. Due to heavy interest in gold from subscribers to this service, the following post published earlier in ZYX Short is being reproduced here.
TAKE PARTIAL PROFITS ON CDE, HMY, AND ABX
Depending up on the quantity held, consider taking profits on one-third of the remaining position in CDE, HMY and ABX.
This post was just published on ZYX Buy Change Alert.
TRVG is long from $11. It is trading at $12.11 as of this writing. Take profits on a 25% tranche in the zone of $11.94 to $12.48. As a reminder to new subscribers, keep a stop right under the bottom band of the zone for this tranche while trying to get a higher price.
Move up the stop on the remaining 15% in the zone of $11.34 to $11.38.
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Weekly Digest from The Arora Report is popular among serious investors and money managers because they have found studying insights from the prior week gives them an edge over the coming weeks. Here is the day by day rundown from the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers of The Arora Report.
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Quadruple Witching
Some of yesterday’s strength in the stock market was related to buying for position squaring ahead of quadruple witching.
This post was just published on ZYX Buy Change Alert.
Trivago (TRVG) is scheduled to start trading a 10:50 am ET. Pre quotes will begin around 10:35.
IPO priced at $11 per share.
Use stops in the zone of $10.88 to $11.
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