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BUY MORE SILVER (AGQ), GOLD (UGLD), METALS (FCX), AND PLATINUM

|Includes: AGQ, Freeport-McMoRan Inc. (FCX), PALL, UGLD

SAME AS IT EVER WAS

Aug 19 1:08 AM•AGQComment!

Disclosure: I am/we are long AGQ.

I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

HERE WE GO AGAIN. The market continues to shake higher. The gold and silver sell off seems to be over for the time being. We have been lusting (in our hearts) after AG, First Majestic Silver -- it has experienced some selling and has fallen back to our M2F oversold territory. This is not a real BUY SIGNAL -- we were stretching the definitions. Then our VIX-SS System pulled up AGQ, Ultra Silver ETF, as a BUY SIGNAL alternative.

Which is a better buy here? Well, we tested the options. AG options (Jan 19) are what I would call expensive, based on the potential return. We could buy almost 2 options (1.69) for $1000 and our VIX--SS system averages a return per trade for AG of 1.49. Not so attractive. However, AGQ calls (Jan 19) cost 8 (1.25 options per $1000) -- but the average return in our VIX-SS System is 27.95 points. Our VIX-SS trades last closer to a month -- so we don't need Jan expiration, if we want to trade this with our VIX-SS. We currently own AGQ options. We want more. The shorter-term options are much cheaper, and seem like the best values in terms of potential return.

  CLOSE/ AVG GAIN  
  OPT PRICE $1000 INV POT RETURN
       
AG, First Majestic Silver 16.34 1.49  
JAN (19) 15 calls 5.9 1.694915254 $252.54
AGQ, Ultra Silver 51.59 27.95  
JAN (19) 50 calls 8 1.25 $3,493.75
AGQ, Ultra Silver 51.59 27.95  
OCT (21) 50 calls 5.3 1.886792453 $5,273.58
AGQ, Ultra Silver 51.59 27.95  
SEPT (30) 51 calls 3.9 2.564102564 $7,166.67
AGQ, Ultra Silver 51.59 27.95  
Sept 23 1 calls 3.6 2.777777778 $7,763.89

Our daily Barometer reading continues to climb. We did have some deterioration in both the ST TREND and in the IT TREND -- but keep in mind some of this change may also be in Bearish Trenders falling back down into negative trends.

The BAROMETER picture continues to be bullish.

Here is a table of the TOP 20 movers and the BOTTOM 20 falls today. It is interesting, as always, to see where the strength is, and where the weakness is.

TOP 20    
     
SYMBOL CLOSE ISSUE
     
AXPW 0.055 AXION
DAKP 0.031 Dakota Plains Holdings
DRYS 1.01 Dry Ships Daily
THLD 0.779 Threshold Pharma
CHK 6.2 Chesapeake Energy
VNR 1.6 Vanguard Natural Resources
UWTI 28.16 * Crude Oil Bullish ETF 3x (NO)
VRX 29.19 Valeant Pharmaceuticals
CYTX 2.22 Cytori Therapeutics
EMES 12.4 Emerge Energy Services
GUSH 88.96 * Oil and Gas Bullish ETF 3x (NYSE:O)
OCN 3.26 Ocwen Financial
FMCC 1.79 Freddie Mac Daily
MWW 3.44 Monster Worldwide
UGA 25.55 US Gasoline ETF
FNMA 1.93 Fannie Mae Daily
GASL 49.61 * Natural Gas Stocks Bullish ETF 3x
JNUG 317.4 * Junior Gold Miners Bullish ETF 3x
MTL 1.8 Mechel Open Joint Stock Company
CWEI 62.71 Clayton Williams Energy
     
BOTTOM 20    
     
SYMBOL CLOSE ISSUE
     
RUSS 10.42 * Russian Stocks Bearish ETF 3x
SHAK 35.8 Shake Shack
ERY 12.925 * Energy Stocks Bearish ETF 3x
VXX 35.99 VIX ETF
SOXS 18.12 * Semiconductor Stocks Bearish ETF 3x
SPWR 10.41 Sunpower
LODE 0.361 Comstock/Goldspring Mining
FSLR 37.52 FIRST SOLAR
CLF 6.33 Cliffs Natural Resources
W 37.88 Wayfair
GASX 7.055 * Natural Gas Stocks Bearish ETF 3x
BCRX 4.36 BioCryst Pharmaceuticals
KERX 4.46 Keryx Biopharm
JDST 3.97 * Junior Gold Miners Bearish ETF 3x
HDP 8.56 Hortonworks
DRIP 4.59 * Oil and Gas Bearish ETF 3x
IO 6.06 Ion corp
SPU 6.94 Skypeople Fruitjuice China
DWTI 69.29 * Crude Oil Bearish ETF 3x (NO)
HAIN 38.31 The Hain Celestial Group

If one has an interest in shorting, HAIN and Wells Fargo are on our short list, as is KERX. In a normal market I would be trying to keep my portfolios balanced between short and long positions.

I love the gold, silver, metals brigade now. FCX, yes. UGLD, the UP GOLD BULLISH ETF, PALL, Palladium -- I wish they offered options.

    TRADES  
       
       
       
    8/18/16  
CLOSED      
VIX-SS Long CPHD, Cepheid 7.24%
VIX-SS Long CDNS, Cadence 3.31%
VIX-SS Long REMX, RARE Earth Metals 1.37%
VIX-SS Long ACHN, Achillon Pharma 5.99%
VIX-SS Long BRZIF, Brazilian Resources -9.17%

OK. Here is our report.

Column1 Column2 Column3 Column4 Column5 Column6 Column7
8/18/16            
             
             
             
EMV CURRENCIES TRADING SYSTEM        
Since:            
6/22/16 75.94%   EMV ASP NEW CURR      
        New Pos New Pos  
Symbol Close PROP2 Position Today Yesterday ISSUE
             
CNYRUB=X 9.602 -25 Flat     Chinese Yuan/Russian Ruble
EURRUB=X 72.22 -25 Flat   Exit Short Euro/Russian Ruble
INRRUB=X 0.951 -25 Flat     Indian Rupee/Russian Ruble
USDRUB=X 63.604 -25 Flat     USDollar/Russian Ruble
EURCAD=X 1.45 -7 Long   Enter Long Euro/Canadian Dollar
CNYINR=X 10.088 -3 Flat   Exit Long Chinese Yuan/Indian Rupee
EURAUD=X 1.477 -3 Long     Euro/Australian Dollar
             
             
VIX-5 EMV SPEAR TRADING SYSTEM        
Since:            
6/29/16 11.48%   VIX 5 -- EMV SPEAR      
             
        New Pos New Pos  
Symbol Close PROP1 Position Today Yesterday ISSUE
             
DAKP 0.031 -17 Short     Dakota Plains Holdings
HAIN 38.31 -25 Short     The Hain Celestial Group
LABD 22.5 -19 Short Enter Short   * Biotech Bear 3 x
RIG 10.62 -19 Short   Enter Short Transocean Ltd.
BCRX 4.36 -1 Flat     BioCryst Pharmaceuticals
VNR 1.6 -25 Flat     Vanguard Natural Resources
1128.HK 12.3 -3 Long     WINN MACAW
DRYS 1.01 3 Long     Dry Ships Daily
LABU 41.7 1 Long     * Biotech Bull 3x
             
             
VIX-2 M2F ALT TRADING SYSTEM        
Since:            
5/3/16 12.63%   M2F ALT NEW      
             
        New Pos New Pos  
Symbol Close PROP1 Position Today Yesterday ISSUE
             
HAIN 38.31 -25 Short     The Hain Celestial Group
VNR 1.6 -25 Flat   Exit Short Vanguard Natural Resources
DAKP 0.031 -17 Short     Dakota Plains Holdings
CYTX 2.22 -15 Flat     Cytori Therapeutics
FMCC 1.79 -15 Flat     Freddie Mac Daily
FNMA 1.93 -15 Flat     Fannie Mae Daily
UGA 25.55 -15 Flat     US Gasoline ETF
OMER 11.54 -7 Flat     Omeros Corporation
SHAK 35.8 -7 Flat     Shake Shack
BCRX 4.36 -1 Flat     BioCryst Pharmaceuticals
LIFE 3.37 -1 Long     TYR Pharma
DRYS 1.01 3 Long     Dry Ships Daily
THLD 0.779 5 Long     Threshold Pharma
CHK 6.2 7 Long     Chesapeake Energy
             
             
VIX-SS TRADING SYSTEM          
Since:            
5/22/16 7.98%   VIX SS      
             
        New Pos New Pos  
Symbol Close PROP1 Position Today Yesterday ISSUE
             
NAO 3.99 -25 Short     Nordic American Offshore
^TYX 2.26 -21 Short   Enter Short 30 YEAR TREASURY YIELD
DGZ 13.13 -21 Short   Enter Short Short Gold ETF Daily
TBT 30.97 -21 Short   Enter Short Ultrashort TBond 20+ Year Daily
KERX 4.46 -19 Short Enter Short   Keryx Biopharm
DAKP 0.031 -17 Short     Dakota Plains Holdings
CMP 72.9 -15 Short     Compass Minerals
JJG 29.41 -15 Short Enter Short   Grains ETF
SRS 33.58 -13 Short     Short Real Estate ETF Daily
TNP 5.08 -13 Short Enter Short   Tsakos Energy Navigation LTD
WFC 48.53 -13 Short Enter Short   Wells Fargo
CLF 6.33 -25 Flat     Cliffs Natural Resources
HAIN 38.31 -25 Flat     The Hain Celestial Group
VNR 1.6 -25 Flat     Vanguard Natural Resources
X 21.81 -25 Flat     US Steel Corp
^VIX 11.42 -25 Flat Exit Short   CRB Volatility Index Daily
UGAZ 33.83 -19 Flat     * Natural Gas Bullish ETF 3x (NO)
CDNS 24.76 -1 Flat Exit Long   Cadence Design Syst
CHRW 68.96 -1 Flat   Exit Long CH Robinson Worlwide
ACHN 8.77 -1 Flat     Achilliion Pharma
DGAZ 7.54 -1 Flat     * Natural Gas Bearish ETF 3x (NO)
ENDP 22.89 -1 Flat     Endo Pharmaceuticals
GRPN 5.6 -1 Flat     Groupon INc
KO 44.1 -1 Flat     Coca Cola Daily
REMX 17.66 3 Flat Exit Long   Rare Earth Metals ETF
SNP 73.13 3 Flat Exit Long   China Petrol & Chemical Co
CVX 103.55 5 Flat Exit Long   Chevron
CM 78.17 5 Flat     Canadian Imperial Bank of Commerce
NMM 1.65 5 Flat     Navios Maritime Partners
SSRI 15.08 7 Flat     Silver Standard Resources
MTS.AX 2.04 -7 Long Enter Long   Metcash, Australia
IMAX 30.25 -7 Long     Imax Corp
MLM 194.28 -7 Long     Martin Marietta
NBIX 48.01 -7 Long     Neurocrine Biosciences
AGQ 51.59 -5 Long Enter Long   * Ultra Silver Leveraged ETF (Bullish)
P 12.93 -5 Long Enter Long   Pandora
CURE 35.07 -5 Long   Enter Long * Healthcare Stocks Bullish ETF 3x
CLI 27.61 -5 Long     Mack-Cali Realty Corp
FCX 12.23 -5 Long     Freeport McMoran Mining
IRWD 13.6 -5 Long     Ironwood Phama
LXRX 15.75 -5 Long     Lexicon Pharmaceutical
SCHN 19.05 -5 Long     Schnitzer Steel Indust
ABX 21.04 -3 Long Enter Long   American Barricks Gold
XOMA 0.606 -3 Long Enter Long   XOMA
HOV 1.79 -3 Long     Hovnanian Daily
PALL 68.61 -1 Long Enter Long   Palladium ETF
FOLD 7.01 -1 Long     Amicus Therapeutics
XME 27.93 -1 Long     Spider Mining Metals ETF
UGLD 14.16 3 Long Enter Long   * GOLD ETN BULLISH 3X (NO)
ICPT 168.87 17 Long     Intercept Pharma

MJC, CGTS

Disclosure: I am/we are long AGQ.