@Dave W, I noticed today you played NEM all day, a Gold materials ticker, I was inclined to go long today and was wondering if shorting NEM was like a proxy for going Long since typically when market goes up, precious metals like Gold and Silver typically go down. Did I overthink your plays? thanks
You over thought it. If gold ran contra to SPY then it should be making a new high for the year – right? At least very close to it.