{"id":8688,"date":"2018-03-02T07:30:18","date_gmt":"2018-03-02T12:30:18","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=8688"},"modified":"2018-03-02T07:30:18","modified_gmt":"2018-03-02T12:30:18","slug":"its-mailbag-friday","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/its-mailbag-friday\/","title":{"rendered":"It\u2019s Mailbag Friday!"},"content":{"rendered":"

Happy Friday! The local bars can\u2019t open early enough.<\/p>\n

After a week filled with tremendous volatility and huge moves \u2013 both up and down \u2013 let\u2019s take a break from my monotone droning on the stock market<\/a> and see what\u2019s in the mailbag\u2026<\/p>\n

Somewhat surprisingly, a few folks wanted to know about gold\u2026<\/p>\n

What the heck is going on with gold stocks? I am about to give up forever on them and throw in the towel, never to look at them ever again! Is this a sign of a bottom? Or is the traditional market dynamic in gold stocks a long-gone, old-fashioned theory?<\/p>\n

\u2013 Jalal<\/strong><\/p>\n<\/blockquote>\n

Hi Jalal. Thanks for your question.<\/p>\n

I love trading gold stocks \u2013 mostly because they are enormously volatile and subject to extreme moves, higher and lower.<\/p>\n

Gold stock traders are a highly emotional bunch. That\u2019s typical of folks who are constantly looking out for the end of the world. I mean no disrespect with that comment. Indeed, I\u2019m one of those folks. But after 35 years of trading, I\u2019m also very aware of how my emotions affect my trading.<\/p>\n

The world has been cruel to gold stocks lately. And most of my gold bug friends have sworn off ever trading the sector. They\u2019ve thrown in the towel.<\/p>\n

History tells me this is a sign that we\u2019re closer to a bottom for the gold sector than on the cusp of a major decline.<\/p>\n

One of my predictions for 2018 is for a major gold stock rally. So, I expect most gold stocks will finish the year higher than where they are now. I like the idea of buying the gold stocks on weakness.<\/p>\n

But, if you read the comment from this next reader, you might question following my advice\u2026<\/p>\n

Jeff, you are just consistently awful going back to your ill-fated days at [your previous publisher]. Do all these people a favor and just go trade for yourself.<\/p>\n

\u2013 Anonymous<\/strong><\/p>\n<\/blockquote>\n

Dear Anonymous, thank you for keeping me humble.<\/p>\n

You know, in any given year I write maybe 300-320 articles about the financial markets. Most of them involve my projection on where I think a certain asset price may go. Sometimes I get it right. Sometimes not. But I\u2019ll always give it my BEST shot. In the grand scheme of things, though, my writings are insignificant.<\/p>\n

You can choose for yourself whether to read my comments or not. For your sake, I sincerely hope you find peace with whatever is making your life miserable. To the extent that my writing is contributing to that situation, then I invite you to stop reading. I wish you the best.<\/p>\n

Here\u2019s an email from someone who thinks differently \u2013 and actually signed his name\u2026<\/p>\n

I have never traded E-minis or options before reading you. I always only traded stocks. Delta Report<\/em> really helped me make the leap. A friend and fellow reader told me \u201cyou really need to read Jeff, you will love it\u201d. And she was right! Thanks!<\/p>\n

\u2013 Brian<\/strong><\/p>\n<\/blockquote>\n

Thanks Brian. I\u2019m glad you\u2019re enjoying and profiting from your subscription.<\/p>\n

Have a great weekend, everyone!<\/p>\n

Best regards and good trading,<\/p>\n

<\/p>\n

Jeff Clark<\/p>\n

P.S. <\/b>Like you saw today, you can\u2019t please all of the people all of the time. But if you ask a certain group of people \u2013 who averaged an 79% win rate and earned 202% annualized last year \u2013 they\u2019ll say you can please some of them most of the time.<\/p>\n

You can learn how to join them right here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Let\u2019s take a break from my droning on the stock market and see what\u2019s in the mailbag\u2026<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ep_exclude_from_search":false,"service":"","footnotes":""},"categories":[1],"tags":[],"publication":[10],"person":[7],"newsletter-type":[],"ticker":[],"class_list":["post-8688","post","type-post","status-publish","format-standard","hentry","category-market-minute","publication-market-minute","person-jeff-clark"],"acf":[],"_links":{"self":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/8688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/users\/25"}],"replies":[{"embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/comments?post=8688"}],"version-history":[{"count":0,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/posts\/8688\/revisions"}],"wp:attachment":[{"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/media?parent=8688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/categories?post=8688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/tags?post=8688"},{"taxonomy":"publication","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/publication?post=8688"},{"taxonomy":"person","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/person?post=8688"},{"taxonomy":"newsletter-type","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/newsletter-type?post=8688"},{"taxonomy":"ticker","embeddable":true,"href":"https:\/\/jeffclarktrader.com\/market-minute\/wp-json\/wp\/v2\/ticker?post=8688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}