I have been very busy with teaching and research-
So I did not have to write posts but finally a bit of time- Well, some break-
Despite the busy schedule, I still kept trading-
My winners are gold/silver miners with nice swings- HL, MUX, AG, and EMX have performed well.
Housing REITs, BRG has done well. IRT and BRT have also done ok.
Overall, nice run during the past few weeks.
I am still 30% cash. I plan to more money on miners when I see a full come back.
Right now it seems the gold price is trying to break but not enough momentum yet.
Same goes for silver. When it finally breaks, I will load up the boat.
I hope gold and silver break out but I think it will trade in a range which is fine for swing trading 😀
Today, I bought MTH because housing is on fire. There is so much demand but supply still need to catch up.
I have been swing trading MTH and today’s 4% fall was a good entry. I will probably be able to sell it back within a
week or so.
My recommendations? Long and swing trading miners and housing reits-
And lot of cash-
Thank You Jesus for a blessed day. Let us always be thankful and give You all the glory-
Rejoice at all times. Pray without ceasing. Give thanks in every circumstance, for this is God’s will for you in Christ Jesus.
1 Thessalonians 5: 16-18