August 3, 2011
Added to our silver (SLV) shorts. We sold short August futures at $41.20. We also took an additional position in SLV with a short at $40.02.
After studying the details of the debt ceiling deal, here is a list of action items that all investors should consider: Short sell nursing home stocks. On our radar screen are Skilled Healthcare Group (SKH), Sun Healthcare Group (SUNH), and Kindred Healthcare (KND). Buy banks with strong treasury exposure. On
We are short selling silver (SLV) again. The trigger is the agreement on debt ceiling. Since the only convenient market open is the futures market, we short sold near term silver futures contract at $39.82. The debt ceiling uncertainty has added about $2.50 to the price of silver. The world
Both silver (SLV) and gold (GLD) continue to follow our script. Before we address what to do now, let us briefly review the history. Subscribers to ZYX Global Muli-Asset Allocation Alert made a lot of money on silver as shown on the chart. Subscribers to the ZYX
We are sitting on big profits in a variety of silver (SLV) related trades including ProShares UltraShort Silver (ZSL). We are locking in partial profits right here. We will completely exit our futures position on any downspike below $33 , but may maintain a small position through another
Opportunities to sell silver (SLV) right at the top and at 22% over the market price will not come around everyday. Fortunately, the subscribers to ZYX SHORT SELL CHANGE ALERTS were able to capture such an opportunity by using a publicly traded vehicle that was trading 22% over the
We are adding to silver (SLV) short position right here. We are selling short front month futures at $45.30. For those not trading futures, the best way to take advantage of the top in silver is to short a closed end fund that trades at a premium to
This post is describing only one of our reasons for short selling silver (SLV). The computers at the The Arora Report are monitoring every tick of trading on silver futures and major silver ETFs. Our proprietary indicators slice and dice the money flow data in real time.
As per the prior post, we are adding another 5% tranche to our short silver (SLK1, SLV) at $43.80. Our proprietary indicators are showing that silver may be close to a top.