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Friday, August 16, 2013

After Wednesday's SELL signal Markets Moved much lower Yesterday Except GOLD

There  may be some rally in stocks after yesterday's sharp decline. Gold continues to move higher and so will  NUGT. We have also posted 24 Hour Gold chart that you can watch anytime courtesy of KITCO.com.
For more sensational news about Gold you can also go to this web site:
http://kingworldnews.com/kingworldnews/Business.html

DJI




GDX

NUGT



NUGT chart for one day till 6:35 AM PT Notice Heavy buying yesterday & today.( This is a streaming chart.
Yesterday NUGT was the 3rd heaviest traded stock on NYSE. This was up 18% for the day which was the largest gain out of top 20 stocks on NYSE yesterday
After many days of going up NUGT is resting today. Look at insiders . They sold at the top today at $10.40 at 6:35 AM PT with heavy selling while public is buying. At about 7;45 AM PT they are buying heavily. See the streaming chart below

Insiders Sold   NUGT at the opening and then bought heavily at the very bottom of the day. This is going much higher next week.

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