BANK OF AMERICA will go belly up soonBAC is doing ok for now, but if they hit by another Financial crisis, guess what, they will be gone.
GOL
AB=CDGold has retrace 61.8 of precedent spike from 1313 to 1326. I think there's good opportunity to buy at 1320 with a SL at 1318 ; take profit can be 1330, even more high if gold breaks buntly this level..
Short the Pump $GOLStocks that spike, like $GOL here, are always of my interest.
This big gainers spikes with almost to no news out. Purely hype.
Also, it has been trading under the 50MA since Sept. of 2015.
My goal here is to short it at around .57 (resistance), cover half at .42 (daily support), and the whole at .25 (lowest support it has had.)
If it decides to break above .57 , I'll look to short it near the 50MA
Would not go long until it can show that it can break .80 .
