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Just a quick post to point out that stocks that tend to have huge surprise gaps in the past tend to do so in the future. An organization like lululemon can’t seem to avoid shocking analysts in both directions. Here in Palo Alto, their main problem is the same group of obese women keep strolling in and stealing thousands of dollars worth of their merchandise before their open-minded security guard dares to challenge them. Anyway.
Just as I was mystified last week that anybody believed the TrumpCare bill would pass, I’m equally mystified to read people touting precious metals miners as a “buy” these days. I think gold, and the miners in particular, are in trouble. I remain very long JDST, and I’ve been yammering to my Slope Plus readers about metals quite a lot lately. As long as the Japanese Yen more or less continues to weaken, I think gold bears will be rewarded.
