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Sunday, January 11, 2015

May the Games begin! Who will be the Gold Metal winner?

On Friday close, Jan 16th, 2015, Friday,  Long dated options for GDX and GDXJ, and many other stocks will expire.
I expect this week to be the week of games, as large bets over years come due this Friday.

Miners could do anything.  If they explode higher, I'd be tempted to dump some positions on Friday.
Gold has been holding its own for months, and miners are above their low.  GDX was down to 17 now trading around 20.

So the week ahead will be interesting across the market.

Will there be a Gold Metal winner?  I am hoping so!  good luck!

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