Trading Ideas
Monday 6/7/21

Monday 6/7/21

This morning I’m going to be looking at penny stocks in the gold sector. With the recent talks of inflation and gold recently being beaten down, there could be some trading opportunities.

Before I do that I want to go over two things;

  1. I am NOT a financial advisor. I am just a guy who enjoys riding my bicycles, and likes the freedom that trading brings.
  2. Those swing trade crypto stocks from the other week…

Crypto Stocks

If you are curious about this and want to understand what’s going on, please refer to this post.

MARA

Mara stock chart

RIOT

RIOT stock chart

SPRT

SPRT Stock chart

The crypto stocks look to have made their consolidation moves. I’m going to be looking out for news in the crypto mining sector, and keeping a close eye on what goes on with crypto. Some Elon guy has been getting a lot of attention because he’s a whale or something… on to gold.

Gold Stocks

GSV

GSV stock chart

AAU

AAU stock chart

TRX

TRX stock chart

I’m looking at a lot of consolidation in these gold stocks that have been beaten down. GSV and AAU looks like they are forming a bullish pennant to me. Does gold fight and get back up, or drop further? Leave your ideas in the comments.

Baseball NFTs

In April of 2021 Topps released their first MLB NFTs on the Wax Blockchain with Opening Day (OD) and Series 1 (S1), supposedly Series 2 (S2) comes out tomorrow. These are the first baseball cards on the blockchain and I’m really excited to have them in my personal portfolio.

I like OD a bit better for this year (and only this year), but S1 does have the rookie card (RC) for Sixto Sanchez (and a few others, but this is the guy I’m most excited for).

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