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Robert Edwards

Robert Edwards
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  • Lower Prices Keep Getting Rejected In Gold, But Gold Struggles To Rally [View instapost]
    I am strongly urging traders buy IAG rather than JNUG right now as IAG is not leveraged and outperforming. However, since you bought JNUG under $3, you should be fine. JNUG could rally on gold strength to $6 or even $10 or higher if gold really took off. However, you want to use the next rally in the next day or two to take some off the table, hopefully at a profit, as slippage is rough if it is going against you.
    Dec 15, 2014. 01:27 PM | Likes Like |Link to Comment
  • Record Short Interest Continuing To Build In Transocean (RIG), But Is It Justified?  [View instapost]
    Karen Finerman, a pretty conservative money manager on Fast Money on CNBC bought April SDRL calls. I agree with her that by April we should be a lot higher, just don't know how bad it gets first.
    Dec 12, 2014. 09:31 AM | Likes Like |Link to Comment
  • Lower Prices Keep Getting Rejected In Gold, But Gold Struggles To Rally [View instapost]
    Took 2 days instead of one day to surge to a new high. On Tuesday, we hit a high of 1239 and then sold off some. From the recent low of 1286.40 to 1239, the average price is just under 1213. We did not quite make a 50% correction back towards 1213 as today's low was 1216.40. We have since rallied back above 1230. Looking very good for the bulls.
    Dec 11, 2014. 12:28 PM | Likes Like |Link to Comment
  • Petrobras (PBR), Cliffs Natural Resources (CLF), & Freepport-McMorRan (FCX) Are All Bottoming [View instapost]
    For a trader who is already in the stock at higher prices, it is very disconcerting to see these kind of drops. However, for someone on the outside who has not gotten involved, at some point PBR will indeed bottom and be a screaming buy! The stock is not going to zero.

    You mention $5 as a possibility for a bottom. Set up a plan with $5 as the bottom, and for someone not already involved but wants to get involved now, just buy PBR here and every 50 cents lower until $5 is reached. Average price will be quite low ($6.25) if $5 is reached, and with pops back up of $6 to $15 or more, will be very financially rewarding.
    Dec 11, 2014. 10:06 AM | Likes Like |Link to Comment
  • Petrobras (PBR), Cliffs Natural Resources (CLF), & Freepport-McMorRan (FCX) Are All Bottoming [View instapost]
    Long-term, I see PBR getting back above $20 again, once crude oil bottoms and more time passes, but it might be a year before we get back there. In the meantime, PBR should be a buy on dips and hopefully PBR will get back to $13 much sooner than a year. Once crude bottoms and starts to rally, PBR should be back to $13+ within 3 or 4 months later. In any case I would not take a loss down here in the gutter as PBR has too many assets to stay priced below $13 forever.
    Dec 10, 2014. 09:21 AM | 1 Like Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    You can expect either a $3, a $6 or a $9 rally in UGAZ off any low, depending on how cold it gets this winter. The secret to getting your money back, is selling out half of your position on a substantial rally when the momentum wanes and UGAZ rolls over, and then using the freed up cash to buy back on a major dip.
    Dec 9, 2014. 08:27 PM | 1 Like Like |Link to Comment
  • Lower Prices Keep Getting Rejected In Gold, But Gold Struggles To Rally [View instapost]
    Check out UGAZ or JNUG etc,
    Dec 9, 2014. 10:40 AM | Likes Like |Link to Comment
  • Lower Prices Keep Getting Rejected In Gold, But Gold Struggles To Rally [View instapost]
    We should know a lot more after Monday. Looking for Monday strength in gold and miners. Will comment more after we see Monday's action.
    Dec 7, 2014. 11:24 PM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    I like SDRL and other similar deep water drillers but so far, the bottom remains illusive. As soon as I see a sign of a bottom, I will be trading these stocks. Unfortunately, it is still early. These stocks could fall another 25% to 50% from current levels if crude oil stays weak for a year.

    Those valuations would not be justified but it could happen just the same.
    Dec 6, 2014. 06:22 PM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    They could get Nat Gas down to 3.50 but not justified going below 3.50 and with all the negativity we are pricing in now, surely we have a bounce soon.
    Dec 4, 2014. 03:47 PM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    I believe most of the downside is already completed in the miners and we should so mostly sideways during the month of December, but bottom this month and then strongly rally beginning January 2015.
    Dec 4, 2014. 01:31 PM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    From this time forward, I don't see nat gas falling more than 10% as bears may not want to push the downside too much and then get caught in a big short squeeze when we get a cold snap. Also if one buys a little like I just did buy UGAZ at 9.84 and then scale in buy, decay is not much of a problem as one averages down.
    Dec 3, 2014. 09:25 AM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    The crude oil selloff should mean fewer wells being drilled going forward. Wet wells produce both nat gas and crude oil. Fewer of these wells would mean less nat gas being produced so lower crude is actually somewhat supportive of nat gas prices.
    Dec 3, 2014. 05:27 AM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    Thanks Glaserdx. My most loyal friend and fan.
    Dec 2, 2014. 11:41 PM | Likes Like |Link to Comment
  • Natural Gas And Triple Leveraged UGAZ Are Looking Cheap Again [View instapost]
    Check out this article on nat gas!

    http://seekingalpha.co...
    Dec 2, 2014. 08:49 PM | Likes Like |Link to Comment
COMMENTS STATS
481 Comments
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