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Tuesday, March 7, 2017

market comment


Well, GDX's RSI(14) is down to 31, which should be a bottom, ish.

And GLD is close to its SMA(50), which should be support, ish, if the bull market in gold is to continue. I mean, a loss of the SMA means you may as well dump shitty gold miner stocks.

Meanwhile, I'm skipping off school today, ostensibly to study for my econometrics midterm, but I find I'm spending my time writing an outline for a hilarious D&D style fantasy novel. Which I won't tell you any more about because frankly this sounds like too good an idea to share.


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