I could use some direction and I believe if anybody would know what to do, it would be youse guys and gals.
I have 3 physical stock certificates for ZBH. Currently trading at $154.09. This is now a dividend paying stock so I receive a check for $.78 every 3 months. I haven't watched what it has been doing but just looking at the 3 year history, I see it hasn't seen much action.
I'm wondering what I could do with my fortunes. Any suggestions?
GDX still struggling to get over the downtrend line and 50-DMA. It's like a game of whack-a-mole. Every time it's touched the 50-DMA over the past 3 weeks, it gets smacked down hard.
The downtrend line is thin so you can see the 50-DMA.
Worth noting for the bears is we are about to see a "death cross" of the 50 & 200 DMA's.
gold to miners ratio still contained. It needs to start making higher highs before we can say that we are in back in bull market. Daily chart shows nothing but sideways movement. Weekly charts, however, looks like it's poised to move higher.
So, nothing positive to see yet, but on the positive side, it's not going to take much to make it turn positive, and the miners start to lead once again in typical bull market fashion.
Weekly chart shows the ratio is poised to burst higher.
Metals still strong as we approach the Comex. The boys in London, who had have been bonking the heck out of the metals all December, laid down and let them fly today, so perhaps this time it's different.
Z, I can't think of a better way to tune into what is really real than sail into some wide open spaces. Enjoy!
Dan Durrett thinks Gold and Silver were up big today because of the Georgia elections? Did anyone not living under a rock not know the Georgia elections have been in progress? This guy writes a newsletter? Today's move could have been a head fake but come on.