Jugok Trade

Silver prices (XAG/USD) are likely to rise higher in the long run. It seems certain that spot silver prices have bottomed out and are preparing to rise. As they are still in the process of preparation, the prices will fluctuate.

The support lines are 17.0 and 16.15 dollars. The resistances are 18.5, 21.5 and 25.3 dollars. When weekly close price breaks strongly through the resistance of 18.5, it would be a signal of starting to rise. I do not know when the time will be. It may not be so far. It would be better to buy when the prices of silver drop.

Market : SOYBEAN (CME CBOT: ZS Futures)
Trade : BUY
Entry : 898
Target : 1080 (182, +20.27 %)
Stop : 884 (14, -1.56 %)
Date : Tuesday, January 28, 2020. 21:17 (EST)

Note : Soybean futures prices are likely to go up. In my opinion, it is the time to buy. The key price is 936. If they break out that price level strongly, it will be a signal saying they will go much higher. Maybe, up to 1080. We need to think that they are a bit weak and are not on the upward trend yet.

Market : NYSE:GOLD Barrick Gold (TSX:ABX)
Trade : BUY the Dip
Entry : 18.3
Target : 35.8 (17.5, +95.63 %)
Stop : 16.07 (2.23, -12.19 %)
Date : Jan 25 (Sat) 01:20 (EST)

Note : Gold mining stocks look good. Barrick Gold (NYSE: GOLD, TSX: ABX), Agnico Eagle Mines (NYSE: AEM, TSX: AEM), Newmont Goldcorp (NYSE: NEM), all are good. Barrick Gold (NYSE: GOLD) stock prices are likely to go up to 35.8 or so. We can two way, one is to buy the drop below 18.30, the other is to buy the breakout of 19.90. They may take some long time to reach the target price.

Market CORN (CME CBOT: ZC Futures)
Trade : BUY the Breakout
Entry : 390.4
Target : 485 (94.6, +24.23 %)
Stop : 372 (18.4, -4.71 %)
Date : Jan 23 (Thu) 01:16 (EST)

Note : I think it would be good to pay attention to corn futures. As said before, wheat prices are going up well. Corn seems to be starting. It would be better to buy when the corn futures prices break through 390.4. 467 will be a resistance on the way. If there are some powers, they could reach 525 level. We need to watch if the prices of soybean futures is moving. Moving soybean prices will support the corn prices. As the prices of grain have not been on the upward trends yet, we need to be careful.

Market : NYSE:BRK.B Berkshire Hathaway
Trade : BUY the Dip
Entry : 219.2
Target : 325 (105.8, +48.27 %)
Stop : 201 (18.2, -8.3 %)
Date : Jan 19 (Sun) 03:11 (EST)

Note : It looks like that Berkshire Hathaway (NYSE: BRK.B) stock prices are starting to rise again. It would be better to find opportunities to buy when they drop. They may move relatively faster this time. We need to think that Berkshire Hathaway stocks are heavy.

Market : NYSE:V Visa
Trade : BUY the Dip
Entry : 190.5
Target : 265 (74.5, +39.11 %)
Stop : 179.6 (10.9, -5.72 %)
Date : Jan 12 (Sun) 12:32 (EST)

Note : Visa (NYSE:V) stock prices have risen for a very long time. They look expensive. I don't know whether the company is making a good profits. However, they are likely to go up some more. There are many experts who say the stock market will collapse. I agree with in the long term, but, I think, not now.

Market : NYSE:NEM Newmont Goldcorp
Trade : BUY the Dip
Entry : 41.5
Target : 79.03 (37.53, +90.43 %)
Stop : 36.05 (5.45, -13.13 %)
Date : Jan 10 (Fri) 22:30 (EST)

Note : Newmont Goldcorp (NYSE: NEM) stock prices are likely to go up to 79.0 level. As the 60 level will be a resistance, they will fluctuate around there. It seems there is someone powerful who manage the stock prices. The price flow is very stable and looks nice. Their actions are heavy now, but they will be very light in the next step. In the very long term, they will go up much higher than people can imagine.