Greed is strong, take profits...DF and GOLDhi all, hope all of you have a happy easter celebration as we go into the month of April can be ground breaking records for Gold and DF stock correction.
Lets review first where are we to start April...? Right now Greed is strong in the markets and looking into Monday with a new month and the CPI numbers on Good Friday. Nothing tells me anything different that we are going higher for now on the DOW, Nasdaq and Gold!
see the link on Fear and Greed.....we are getting close to extreme...
https://www.cnn.com/markets/fear-and-greed As for the Gold price there is a lot of speculation that we could see big numbers and the fact is $2300 is a target i posted 3 months ago and seems we might get there. However, look at Agnico Eagle and watch this stock move every single day until they announce 1st qtr numbers in April. This will be like Nvidia on steriods!! We could see a market shift into this stock just becuase of the amount of gold this major minor has and the market cap is so low! A few years ago i mentioned how Agnico would be the first gold minor to hit $100 a share and we did. Now we could see $150 or more....This year will be big for this stock and a 4 year high or record number for a share price is in the cards. So save the date for April 26th after hours on a Friday!! So we will have a bull run in this stock go as high to $90 before we even get midway into the month.
As for DF stock we must take profits right now and cash up. This is too risky right now as we go into a new month as this stock could go down to $4.50 after the dividend payout by April 10th and do this minor correction to put fear into the stock. For now we are still bullish, strength is good and current direction in this stock. see barcharts update.
https://www.barchart.com/stocks/quotes/DF.TO/opinion Watch this video and one reason why many are going to Gold......