Flash Update – August 3, 2020

Published on: August 3rd, 2020

Over the last few weeks, Julian made some progress in quite a few of his trades, with a number breaching key levels. Now, as the market works to digest both these moves and the latest headlines, he wants to give you all some updated price points to watch. Though he still sees potential for further upside across many of his trades (Silver at 50 anyone?…), it’s time to move our stops and make sure we don’t give back our well-earned gains.

Comments

  • DB
    Daniel B.
    8 August 2020 @ 21:37
    Where is the slack channel?
  • IC
    Ian C.
    3 August 2020 @ 21:24
    Excellent calls Julian - thank you.
    • SB
      Stephen B.
      4 August 2020 @ 19:25
      Your silver call was brilliant. I was already in GLD and GDX but had given up on Silver. To be frank, I had my doubts about your call but went with it anyway. Good one!
  • AP
    ANTHONY P.
    4 August 2020 @ 06:30
    Many thanks J! What about DBA?
  • DE
    Daniel E.
    4 August 2020 @ 00:34
    Is it applicable to trade these currencies/metals with options positions using the target prices as options strike prices? These are great reccomendations because they provide simple analysis, he gives use the play by play, and the trading vehicles that are simplistic enough for my layman - ness. I cant trade forex but use UUP, TLT, etc. Love it keep it up Julian. What should I look at if I want to put these trades on now....missing the profits from the first target point? I did ride DXY down with you for a great 108% return with put options - using time frames that I thought would be needed to reach your target prices. Julian any thoughts about using options to tackle these trade recommendations? Or does time decay alter the returns? Thank you sir!
    • LM
      Lawrence M.
      4 August 2020 @ 03:10
      I'n no Julian but how about a spread? They can help with theta (time decay), and to offset vol (if that's is a concern). Both of the tickers (UUP and TLT) have healthy option chains.. may be worth a shot.
  • MC
    Michael C.
    4 August 2020 @ 00:41
    Well done Julian. Congratulations on picking some great winners.
  • GS
    Geoffrey S.
    4 August 2020 @ 00:17
    How come GDX was not liquidated when it hits the target of $40
  • CL
    Christopher L.
    3 August 2020 @ 22:54
    Any updates on your Sept 2500 SPX puts?
  • AA
    Alberto A.
    3 August 2020 @ 22:53
    Thanks for the risk management suggestions. Is there any other way to trade DXY; I used to trade UUP but several times I have seen your ugghh! face when it is mention....I know is because it has a lot of the Euro as part of the basket....any reco?
  • ML
    Michael L.
    3 August 2020 @ 21:52
    Many thanks for the update Julian. Cheers!
  • JM
    John M.
    3 August 2020 @ 20:56
    Nice trades Julian.
  • SS
    Shanthi S.
    3 August 2020 @ 20:49
    Thank you Julian. Clear and concise!