The Next Day, Wed. Aug 25, 2021

It’s a half hour before the close of trading today, but the day has been more quiet than anything else. In fact, I only made one transaction today, a buy adding to my EQX (Equinox Gold) position. Members received real time alerts, and should access the tabs above to see total position sizes, as well as other pertinent information like unrealized gains and losses. We show the actual account statements here each day after the close of trading, unlike any other site I have visited, so make good use of it!

Let’s looks at EQX. I’m showing the weekly chart below…

With not many trades to report, all I can say is today was a typical day after a big move up in the days prior. We are still looking to add into oversold technical situations, which is when we picked up the extra EQX today, into a late morning pullback. Basically everything we own is pulling back slightly after the surge higher on Monday. That applies to things outside of the mining sector too, like our KWEB etf (Chinese internet giants), so there wasn’t much to do other than wait and watch for the next opportunity. We are loaded up, but still have a good amount of cash to access if something sets up correctly. If not, we will be content to sit with what we already own.