RE:RE:RE:RE:RE:Presentation tomorrowVolume is terrible because most observers can see that the markets are wobbling worse than a drunk after a night at the bars. Why invest now when the market is about to roll over?
I have a certain high quality gold junior who, despite gold wanting to rip to $2,000 has just set all time lows in share price despite their project being in the best shape it has ever been in. Why are the juniors in general in the doldrums when they should be sailing higher? It is because we are held captive to the algos. Something like 80% of daily trading are algos, they dominate the market right now. They are still risk-on and until the market in general goes risk-off, gold will inch along but the equities will zig-zag around waiting for direction.
Sorry, there isn't enough conviction on the buy side right now despite the commodities' strength. Too many are worried about whether the FED will intervene and save the markets or whether oil and interest prices will crash it.
Buy what you want, but if you go in 100% right now you are tempting the market to whack you with a correction. Gotta save some dry powder, I think we all learned that lesson back in March of 2020, no?