GLD Not Done Falling
By Brandon Chapman, CMT
The Ghost Prints Console has been warning us for weeks. Heavy put buying in GLD and SLV was a dead giveaway about the growing nervousness of the precious metals trade.
Yesterday that nervousness turned into a fever. Selling fever.
It carried into today and took all too many 401(k)s with it.
The options market had been screaming warnings for the last 48 hours. Most traders ignored them. The ones paying attention saw too much danger in what was coming.
Even today, somewhere, someone is loading up on SLV, thinking they are getting a bargain.
They. Are. Not.
Simply put, there are better trades out there.
Feel like every season is Christmas? You should.
Earnings season delivered again this time around. Finding a gamma squeeze play or a gamma wall during earnings is like getting a bonus present under the tree.
The thing is, every season, they are always there.
VFC and VZ gave away easy-to-spot trades that served up triple digit returns in a single day, even though they went contrary to the headlines!
Don't you love it when the headlines are wrong, but you win big on the trade? I do.
That's why I built the Ghost Prints Surveillance Console that delivers these trades directly to us.
Monday at 2PM EST, I'll break down EXACTLY how I find and execute these trades.
👉 [LET ME SHOW YOU HOW TO FIND THESE TRADES →]
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