In it to Win it 139 - Monday Market Moves - Uranium UP, and Tech Stock Clown World
The S&P500 broke above 4300. Gold is coming to an interesting inflection point. By 6/15 we will know if gold is going to head down or up. Silver closed above $24. Platinum still looks attractive, and bonds will hinge on what Jerome Powell says and does at the FOMC meeting on Wednesday the 14th. Oil is still looking good, has room to run. Uranium is shooting the moon! Spot price has gone from $53 per pound to over $57, bringing the equities up with it. We close with Nvidia, a flagship stock for the clown world of tech stocks.
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WHAT I DO: Spread out your investments. Don't put it all on one thing. For every bet that you make, you should devote one hour of study per month to that investment. Keep the number of bets to what you can feasibly study.
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