I like GLD at this level

4 - I can assure you that it will become a mecca of mural art if it is built.

 

Nothing will be done but he will win Golden Globe "ARGUE" award.

 

$122 is only $6 from here and we have 10 business days left.

 

This is the best bullish pattern that I have seen for a while. GC 30 min and daily.

 

Short term obvious target is $1311.

 

I'm tracking. Given the current trend and the symmetrical magnitude of the move...It could happen.

That's a single digit probability for the Feb options expiration. Of course, that all goes out the window after inauguration. That event is a major recalculation of the odds. Heck, we could wake up on Monday at 1250 or 1175 if today was the day. But since we saw things coming, it could also be a non-event. I got lotto tickets.

Wth? Your indicators say majorly bearish => RED! Look at the forward expansion of that cloud.

 

All things said, I have already sold 116 weekly CALL options on my 2100 shares of GLD. If the shares get called away, I will make good profit. If they don't, I will pocket the premiums and will sell CALLs for next week. I am doing it for many months on GLD. I do it on everything that I hold (long/short).

 

HUI