Category Archives: Uncategorized

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.