Could CERN Actually Create a Black Hole?

Good morning traders. It's Tuesday, January 13th and a bunch of symbols. I'm gonna jump through from some of you asking last night yesterday So I'm gonna go through those and then kind of just update from there overall markets are Trading slightly lower in terms of equities. We're seeing bonds relatively flat seeing the dollar up two-tenths gold is flat Silver's up 2% Platinum and plating were both down a little bit. So Nothing, no big movers today other than silver which I'll touch on in a minute, but silver continues to push up it's ripping higher and Has that a potential for another very big leg as we talked about 206 in ounce Potentially while gold probably runs to 51 50 200 But anyway, let's jump over a few other charts. Some of you want to know about the semiconductor space. So We're definitely seeing it have it's got a bullish sign. We've got the long-term trend up Intermediate Short-term and the kind of momentum cycles are moving averages, which is the 150 the 20 and the 5 Definitely has got a series of bull flags and bullish chart patterns when we look at it. It's rallied. It's paused. It's rallied It's had a high momentum quick pause and it's pushing Looking like it wants to go higher if we cleared this up and just use just basic Fibonacci We could take the low we could take this high and this low That shows us where that next upside thrust could be for Semiconductors 100% measured move is about a three point seven percent move to the upside. So there's potential there What's interesting here when we look at the semiconductors just recalibrate here and we look at the mags Naturally, I was expecting these to somewhat move together, but overall we are not So if we take a look at the top chart This is the SMH which is breaking out and pushing to highs and the semi can or sorry that mag 7 is Continuing to kind of coil more. So just trade sideways through the middle of its range. It's really in the middle of no-man's-land between the range of the high and the low and you know, it doesn't have a whole lot of Energy in it. It's you know, when something trades sideways, it does build energy The big question is which way is it going to break? So we'll just have to see how that is but semiconductors are showing signs of strength They continue to go another one. You guys want to look at was ITA, which is the aerospace and defense Obviously, there's a lot going on globally and we're seeing that really start to pick up speed if we zoom back you can see here It's put in a bottom. It's really starting to rocket higher When we look at the chart pattern, it feels like it's kind of done It's more major move and we've had a few people ask about it. And of course, it's hitting highs Usually when people ask about it It's usually getting a little long in the teeth in terms of it needs to reset So if we take the low we take this high up here we take this low You can see it's pretty much made that core move, right? It's had to run up It's had the high momentum bull flag hit the six one eight It's chopped around and now it's just a little bit away from that next hundred percent measured move. And what is that percentage wise? It's not very far away 1% upside before it could run into You know a bigger resistance area and just my gut not that we trade off our gut But my gut is also saying a lot of this chaos with all the oil and all that stuff I think all of that chaos I feel like is pretty much getting worked into the markets right now and I feel like it's about to end and Usually, you know everybody piles into moves around that news right at the last minute Just as that news and everything is gonna be priced in it's the move is done and everybody starts to get numb to that data and that Expectation so I'm not a big fan of ITA simply because there's not a whole lot of upside It's had its move and it's already kind of done that another one to look at here is PSLY so let me just flip back to the other chart PSL, I'm sorry PSL V the Sprott silver ETF Then just so you guys know the Sprott silver ETF SLV. Whoever that one is So V Which is I shares they're all the same trade it they you know It's all based around silver. And of course, we don't use really ETF so much for targets We actually use the usually the underlying commodity to get an idea of where things are. So we've got this upside target I mean, we've got silver breaking out and running higher and really the upside target for silver is 106 so if silver hits 106 I'd definitely be looking to lock in some gains if you're long the silver space or moving or tightening your stops up simply in your ETFs, so it doesn't matter if you've got SLV or PSLV they're all the same thing and they're all based on silver. So my silver analysis is the same as those Silver miners you guys want to look at silver miners if we look at the most Conservative kind of view which is this little launch pad here. We've got the big run up We've got a very clear pullback. It comes to the six one eight. We've seen it treading water here the next upside move for Gold miners like GDX is based on yesterday's close is about seven and three quarter percent upside So there is still some decent upside Percentage wise there that'll be the same across the board pretty much for silver miners and all of that If we just look at the initial run and pullback, it's going to be roughly the same Obviously you can use very conservative pivot low. You can use this pivot low if we were to just chart this here Yes, SLV is actually almost there already Percentage wise it's about half of the upside potential as gold miners. So that's actually kind of interesting I think the gold miners has got that Potential to have a bigger move If we go and take a look over at Platinum and Palladium Platinum's just and Palladium just starting to turn positive They were in this big consolidation here. We've talked about how you get this big run up now. It's creating this apex this continuation formation that can point to higher moves and when we look at the comparison chart of 2007 2008 I Feel like we could be somewhere kind of in this, you know We've had a nice run where money's moved in and everything's taking a bit of a pause and Now we're starting to see things pick up speed and you can see here. They can have a very explosive move There's platinum down here palladium big moves right near the end. I feel like we're getting very close to one more big Push up. I feel like if we were to just draw on the chart where we are right now for all of these I still feel like we're kind of in this Tool here. I still feel like we're kind of in this phase like right through here I think things are just starting to break out and then after that we could see a much bigger Unwinding where things sell off and everything sold off pretty much 60 plus percent So that's not what everybody wants to hear but that's how sentiment that's how people move the markets are just people's emotions It's just money moving in and out we focus on the trends and we focus on the money flows That tells us what people are thinking and doing with their money and that's more important than the news Usually the news will get you on the wrong side or I'll get you into a whole bunch of positions you get Overpositioned in it because the news gets you emotional feels like a sure thing and then of course, it's not and it backfires Which kind of leads into the other question. We had another member talking about how they were just they've got a very large portion of their portfolio in gold and they said they're just going to hold gold till it hits 51 and They're not going to if they're more From my understanding is more so a belief of trades to make money not so much playing it for like, you know Currencies and countries collapsing, but I think the thing with just picking these high upside targets And just saying I'll get out when it hits that target is if we don't hit that target and we do see something top That portfolio is going to get damaged pretty hard. It's important. I believe to Scale out if it's a trade to manage risk and the position it's not about making the full move and making as much as you possibly can as much as we all want to do that and I would want to do that you do need to manage risk because a lot of times trades don't work out and they don't reach those targets and they roll over and you turn a winner into a loser if you haven't locked in partial profits and if more than Half of your portfolio is in precious metals and you're not managing that risk You are risking a severe hit eventually and it'll backfire So that's again that's what I'm always trying to help is people manage their portfolio their risk people have way more risk in their portfolio than they expect and They never see it and feel it until it's too late unfortunately, but Sometimes learning the hard way is the best way if I could ask you a favor to help out if you like the content I share and you want to support the channel for free a simple way to do this Is to just hit the subscribe button. My commitment to you is to try to put out more content. That's educational So it's actionable. I do read your feedback. Please subscribe if you like what I do here and share it and thanks so much so let's take a quick look at the hot list and just run through a couple triggers just so people can get a feel for How I see things and think and feel about them We'll just start at the bottom usually lower on the list means the trends are generally not as strong With especially the longer-term green trend the moving average is usually flat or trading down Not always depends on long if the markets in a bull market and has been for years Without any positive pullbacks then a lot of times most of these sectors can still have an upward sloping But usually near the bottom of the list or the second half usually things are getting a little bit weaker Now if we look at IYR, this is the real estate space. This is going back to May of last year just looking at this chart is choppy It's sideways the moving averages are crisscrossing all over the place That is a sign that you just don't want to touch it So if you ever see a chart like that your best just to move on you're better to just avoid it PBJ the peanut butter and jam industry. This is a food and beverage if we take a look at it Overall looks like it's making a series of lower highs The long-term moving average is moving down even though it has a purple momentum trigger saying hey, it's got a bid if found It's had a pop Just because it has a trigger doesn't mean we're that really interested in it And you can see here the risk is off on the chart here the short term trend is down Long term the market is trying to recover but just because it's trying to recover doesn't mean it will it just means it's having A pause and trying to figure things out So overall again ignore something like that as we move up the list this one's green across the board It's risk on long-term trend is up short-term trend is up, which we can see with the moving averages Overall, we do have the 50-day moving down But we have the crossover the 20 days crossing above the five days crossing above so it definitely has a mixed signal There's no doubt. The long-term trend is up. It is in a big consolidation You could say this has got a big ABC correction it's now how to pop a little bull flag and it looks like it's primed and ready to maybe have another push and move back Up, so it is showing a little bit of interest here. It's right into resistance getting right into this previous high So I have a little bit of selling pressure. It's an overhead supply there, but it is starting to look a little bit better I don't think I would take it as a trade to be honest But it's starting to look a little bit better and then let's move up to the highest one, which is the MJ Which is the kind of harvest or the marijuana space? This one is if we zoom out a little bit The long-term trend is moving up. This one is very volatile. I'm not a fan of this space at all You can see we have these 68% pops and within a week it can drop 16% again Big 40% moves you can lose 44% it can spike 100% it can pull back 40% this is not the type of play that I like this is for some this is lotto ticket trading this is like you're swinging for the fences is riddled with news and If you catch one of these big pops on news and you know, you're in that space you track it really well It feels pretty good, but it backfires big-time. Just look at this going back in time Pretty much all of these pops and rallies get sold into it's very short-lived. We have this type of noise we have right here Let me just zoom in is very similar to this He gets a lot of attention and then just falls out of bed and it does that over and over again It holds its ground gets a lot of attention and then hits new lows so this is the type of price action you just got to be aware of so if we were looking at this from the Trend the long-term trend is somewhat moving up. The other moving averages are all sloping down and it's volatile. So Out of the hot list, you know, the RK is the only one that looks somewhat interesting and At this point, I still don't really feel like that. They're that exciting the MJ here also is risk off So money's still moving out of the space and the short-term trend is down Which you can tell just by the key moving averages here the 50-day the 20-day are all down and it's not a good sign So to wrap things up, I want to just touch on to two comments. I thought were kind of fun yesterday And then also a trader tip out of my book technical trading mastery so yesterday morning's report We had some good comments in there and some funny sounds Fatship, I talked about how I was working on my invention and I'm gonna share some more on it Hopefully some of your electronic engineers and I got a lot of sensors and all kinds of stuff going on that I've got to put together but he shared this video which my sister-in-law share with me about two weeks ago because I'm always in the shopping everybody can hear me banging and clanging and Getting hurt and all kinds of stuff going on. They're always like what's he building in there? This is the creepiest song You'll ever hear and then it goes on and another member of Liz West 7-7 we talked about she talked about a Seven-year-old broke out the lathe and started to put on the goggles and started to work with it And it's lathe scare me. In fact lathe is something that spins and it's always scared me There's some really nasty clips you can get caught and they are so strong they will pull you in and kill you and wrap you around that machine, but ladies have always freaked me right out and Yesterday are sorry on Sunday morning. My daughter was making us pro pierogies. And of course the onions were so strong She had to throw on her Goggles, which was pretty funny But anyways, let's wrap up trader tip of the week here If we take a look the first tip here is only price pays. I talked about this all the time only price pays This is the most important thing know that the only thing that matters when trading is price not news Not your gut not somebody else's opinions You just have to follow price and I kind of mentioned this last night in the update is It's not about following the news and all that stuff. You can knock yourself out with that. Although it will leak into your trading and investing strategies and positions because it raises fear it will sell you on Being heavyweighted in one particular area and it works great until it doesn't but anyways, that's it for now and we'll talk to you soon