Feb. 2 at 10:54 AM
$RIO $BHP $SBSW $SILJ $XOP
I don’t know what day it will be, but we’ll see a huge reversal within the mining sector.
It could happen prior to earnings, but as the miners do report, we should see some stellar performances.
Especially as we enter Q1 earnings in May.
Take SBSW as an example.
Before the rest pullback, the chart showed resistance coming.
We don’t have to fall all the way back to the
$14’s, but at some point this week or next, we could easily be retesting the
$21 level.
I have been trimming for months.
Still holding my last 7,500 shares for that
$28 target.
My profits will still be rotating into energy and bond funds.
