Another solid though slow day yesterday, the trade on $KGC worked, though of course had I held overnight probably would have crushed it. Sure gold is down big and most gold stocks will be own big, but hell it could have just as easily popped up, coin toss on commodity plays.
I didn’t bother to do a video on this trade, it’s basically the exact same trade as $AG on Monday. I covered when $KGC refused to crack $5.30, decent decision yesterday afternoon, just always a little aggravating to get the big gap down the next day.
Today’s List: Full list from Yahoo Finance
Eleven Biotherapeutics, Inc. (EBIO) -NasdaqGM
Watching any pops for fade.
Paragon Shipping Inc. (PRGN) -NasdaqCM
Higher the better, hoping for one more squeeze out of stubborn shorts that have been holding for a drop.
First Majestic Silver Corp. (AG) -NYSE – Kinross Gold Corporation (KGC) -NYSE
Probably both dead meat, but will watch with gold to see if I can get an edge.
Inovio Pharmaceuticals, Inc. (INO) -NasdaqGS
Is this still a “Zika” play? Watching for pops, but would also look to join a fade.