Advertise | Bookmark | Contact Us | E-Mail List |  | Update Page | UraniumSeek.com 

Commentary : Gold Review : Markets : News Wire : Quotes : Silver : Stocks - Main Page 

 GoldSeek.com >> News >> Story  Disclaimer 
 
Latest Headlines

Gold Seeker Weekly Wrap-Up: Gold and Silver Fall Roughly 1% on the Week
By: Chris Mullen, Gold Seeker Report

Ira Epstein's Metals Video 2 23 2018
By: Ira Epstein

Unintended Consequences, Part 1: Bigger Deficits = Higher Interest Rates =…Many Bad Things
By: John Rubino

A Roman lesson on inflation
By: Alasdair Macleod

COT Gold, Silver and US Dollar Index Report - February 23, 2018
By: GoldSeek.com

One Belt, One Road, One Direction for Precious Metals
By: David Smith

How global growth and infrastructure are driving commodities
By: Richard (Rick) Mills

Gold’s Curious Sentiment
By: Adam Hamilton, CPA

Dow Jones Tanks As Silver Market Price Bottoming
By: Steve St. Angelo

GoldSeek Radio Nugget: Andy Schectman and Chris Waltzek
By: radio.GoldSeek.com

 
Search

GoldSeek Web

 
'The Morning Line' for Thursday: A Shaky Close on Wall Street

By: Rick Ackerman, Rick's Picks

 -- Published: Thursday, 15 September 2016 | Print  | Disqus 

http://www.rickackerman.com/wp-content/uploads/2016/09/If-Dow-support-gives-way.jpg

Stocks looked shaky on the close Wednesday, having failed to muster the short-squeeze rally we’ve come to expect in the final hour or so of every session. If the broad averages continue to fall, Ricks Picks subscribers will be well prepared. Many reported legging into an SPY put spread that could yield a position gain of $4440 or more for those who followed my instructions to-the-letter. No loss is possible, since all subscribers who put on the position, which began as a calendar spread but was rolled into a vertical bear put spread, reported having done so for an effective credit of at least $55 per spread. We’ll try to augment the position in the days ahead if a low-risk opportunity to do so should arise. FYI, the Dow Industrials ended the day at 18035 but looked vulnerable to a fall to at least 17861 if they should decisively penetrate a ‘secondary’ Hidden Pivot support at 17985 (see chart inset).   Visit our 24/7 chat room and share timely ideas and real-time results with great traders from around the world. Click on the link for a free trial subscription.


| Digg This Article
 -- Published: Thursday, 15 September 2016 | E-Mail  | Print  | Source: GoldSeek.com

comments powered by Disqus



 



Increase Text SizeDecrease Text SizeE-mail Link of Current PagePrinter Friendly PageReturn to GoldSeek.com

 news.goldseek.com >> Story

E-mail Page  | Print  | Disclaimer 


© 1995 - 2017



GoldSeek.com Supports Kiva.org

© GoldSeek.com, Gold Seek LLC

The content on this site is protected by U.S. and international copyright laws and is the property of GoldSeek.com and/or the providers of the content under license. By "content" we mean any information, mode of expression, or other materials and services found on GoldSeek.com. This includes editorials, news, our writings, graphics, and any and all other features found on the site. Please contact us for any further information.

Live GoldSeek Visitor Map | Disclaimer

The views contained here may not represent the views of GoldSeek.com, its affiliates or advertisers. GoldSeek.com makes no representation, warranty or guarantee as to the accuracy or completeness of the information (including news, editorials, prices, statistics, analyses and the like) provided through its service. Any copying, reproduction and/or redistribution of any of the documents, data, content or materials contained on or within this website, without the express written consent of GoldSeek.com, is strictly prohibited. In no event shall GoldSeek.com or its affiliates be liable to any person for any decision made or action taken in reliance upon the information provided herein.