tangman

[Long] Gold Miners

Long
NYSE:NEM   Newmont Corporation
NEM leading today, technically very nice breakout of channel. High volume sell day got reversed and couldn't test lower trendline. 4 green soldiers. Should spread to the rest of the sector eventually.

No matter who wins election, deficits and debt blow out to ridiculous levels.

Unfortunately I don't own this one but it's indicative of large money buying/already allocated into the sector. Large money buys the big companies with liquidity, first.
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