The only panic is in the mining shares. Pure comedy. They’re really coming after NEM now. None of this is on heavy volume, just bid dropping. Course why would the volume be heavy when the metals are up?
The shares are acting like G & S are down 1-2%.
I can’t think of another group of shares that would be down big with the underlying commodity up. When was the last time we’ve seen that with oil stocks?
I’ve been bitching about this for years and it’s never going to change. The only way to win with this stuff is not to play.
Just watch, Europe will close and the boyz on Crimex will come in and knock the metals nicely negative.