Congratulations to those who participated in the silver (SLV) trade. We have taken profits and exited this trade now with silver futures at $32.40 with the exception of 3 contracts. Equivalent on the silver ETF SLV is $31.55.
Taking more profits on silver futures (SI) at $35.75. Equivalent on silver ETF (SLV) is $34.75.
Taking partial profits on silver futures (SI) at $36.90. Equivalent in silver ETF (SLV) is $35.95.
In view of the three day weekend, we are concerned about short covering this afternoon and on Monday in Europe and Asia. Our plan is to lighten up a little bit. We will exit the tranche on GLD from this morning entered at $182.10 right here at $182.45.
Added to silver futures short at $41.70. Equalent on silver ETF SLV is $40.60.
Adding to our silver (SI) futures short position at $41.50. Equivalent on silver etf (SLV) is $$40.43.
My success at calling tops in the gold (GLD) and silver (SLV) markets is well documented. Those not familiar with my work may want to start out by reading the following: · The Arora Report Blog Gold: What To Do Now Gold And Silver: What To Do Now Redux Silver
The question every investor should be asking — what to do with gold (GLD) and silver (SLV) now? In the last article, I discussed the Risk Reward Matrix of the ZYX Change Method as applied to the ETF GLD. I also discussed the proprietary sentiment indicator that is part
…The modern portfolio theory describes five main risk measures: alpha, beta, r-squared, standard deviation, and Sharpe ratio. Our research has shown that all five of these measures have significant drawbacks. At The Arora Report, we have developed our own proprietary risk measures that are more suited to