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Trade Alert 06282017

We at Pricentime.com run daily, weekly and monthly scanners to search for stocks that are ready to take off. The focus of the search is the study of price and volume information in the given stocks to predict pending movements. We also scan unusual option activities to find winners.

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Close $BAC Short Trade at 22.93

It has been more than painful to short BAC.  We move our stop loss to 22.93.  If 22.93 is taken out, BAC is coming out this cycle.  Shorts should be liquidated.

GDX Shorts Stopped Out

Due to the breaking down of the general markets, GDX jumped over 23.63 fence.  Apparently gold is a competing asset class of the equities for the time being.  GDX miner stock is reflected in the rise of gold.