Cara Community

Community Discussion

In our community we students of the market openly discuss our various market insights and thoughtful opinions in support of a wider understanding of price behavior. Join us and share your thoughts!

Subscribe
Notify of

This site uses Akismet to reduce spam. Learn how your comment data is processed.

28.7K Comments
Newest
Oldest
Inline Feedbacks
View all comments

baz22
baz22
December 5, 2022 4:25 pm

Started a position in Sgen… Talks with Merck fell apart after the CEO resigned following arrest for domestic violence… An excellent new CEO has taken the reigns… The last discussions revolved around $ 40 billion…

Last edited 49 minutes ago by baz22
NYUGrad
NYUGrad
December 5, 2022 3:36 pm

Fed Funds vs $SPX. What I am noticing is it has been in sync for the most part in the past. Counter intuitive right? Rates rise, stocks rise. but in this recent Powell “I am going to be Volcker” rise, the $SPX is actually weakening making lower highs. If the Fed pivots, this divergence may cause the next crisis hinting how bad the economy is about to get. I can be wrong!

Screen Shot 2022-12-05 at 3.20.41 PM.png
NYUGrad
NYUGrad
Reply to  NYUGrad
December 5, 2022 3:38 pm

One additional thought or question, can’t we also get hyperinflation even if rates rise, since they will need to print money to service this debt? which is also counter intuitive.

baz22
baz22
December 5, 2022 12:07 pm

Tiny pvct released awesome results

baz22
baz22
December 4, 2022 9:44 pm
Last edited 19 hours ago by baz22
goldbug58
goldbug58
Reply to  Bill Cara
December 5, 2022 11:54 am

Since March, “higher high” about $1810, “higher low” $1760 in the downtrend channel as of last week. Gold trading $1786 as I write this on Mon close to noon. If it can hold above 1760 we should see it trend back over 1800. Needed a breather anyway, silver also.

NYUGrad
NYUGrad
December 2, 2022 1:45 pm
goldbug58
goldbug58
December 2, 2022 1:09 pm

Not sure what’s really going on in this silver rally. Someone covering a healthy short position or bear market rally? Seems real, but also seems too real. Why would sentiment change so quickly (in like 30 days) after many months of absolute pessimism? People may be getting too comfortable with it, adding longs. I keep taking money off the table here.

NYUGrad
NYUGrad
Reply to  Bill Cara
December 2, 2022 11:32 am

Thank you for the share! Apologies if there was buffering issue. Strange as it is hosted on substack. Maybe because I had just uploaded this morning and the video was still processng. Quite amazing, all of it. You taught me that ‘all stocks are sold’ to us and this is no different. Prob the apex of how the wall st selling machine is like the Terminator.

goldbug58
goldbug58
December 2, 2022 8:32 am

Took some money off yesterday. Had a 70% gain in i-80 Gold in a month, 22.7% in New Found Gold in a week. Erased a lot of red ink in the PM portfolio, back to 57% cash there. Holdings weight-ordered and YTD performance:

GoGold Resources +3.45%
Skeena +12%
Hochschild -27%
Silvercrest +32%
Westhaven -22%
Cerrado 0%
Grande Portage -4.5%

deneve83
deneve83
Reply to  Bill Cara
December 1, 2022 12:40 pm

Just subscribed and have devoured everything. Great analysis, I look forward to adding this to my daily battle rhythm.

kaimu
Reply to  Bill Cara
December 1, 2022 11:54 am

Yep Bill. Now look! Will it close above $1800? You called it and I was buying every dip gold and silver had especially in the $1690 gold lows and the $18 silver lows. I was buying gold and silver in 1999 to get out of the Tech Crash. Gold is signaling something and since I consider gold an insurance against failed sovereign debt I am going to guess its about “debt” and bonds with all those derivatives running hedges. The question is whose collateral is on the wrong side of those derivative hedge positions. You could say the same about… Read more »

baz22
baz22
November 30, 2022 8:01 pm

Don’t quite understand today’s moonshot…… Bill called the Powell ‘ 50 basis bump ‘ almost one month ago….. ,😁🏖️

Last edited 4 days ago by baz22
goldbug58
goldbug58
Reply to  Bill Cara
November 30, 2022 7:59 pm

Pretty strong finish for gold at 1789 and silver as well 22.48. Let’s see what tomorrow brings; Asia looks to be holding so far but NY is far more important.

deneve83
deneve83
Reply to  Bill Cara
November 30, 2022 1:50 pm

And imports are down due to supply glut. An interesting day, but I am mildly interested with the Fed Chair’s word salad.

goldbug58
goldbug58
Reply to  Bill Cara
November 30, 2022 11:52 am

Check credit card spending, people are borrowing as well as dipping into savings.