Pieces Of The Puzzle For growth

The environment for trading in 2016 has been excellent for traders and investors that knew where to look. If you have been a subscriber since January, then you have seen so many trade ideas blossom and grow. We have been finding various sectors that had bullish set ups that many were actually afraid to trade in.  Coming out of their lows, the potential has been tremendous if you know what to look for.

.

For example, just look at this one stock.

MUX –  Whether you traded it, or bought and held when it was recommended, it is up over 100% from its lows.

Lets look at a number of current trade set ups with conditions that favor the upside…

I almost hated to put this out this morning, because the weekend reports are always fairly extensive and well thought out.  They are very important to understanding the bigger picture.   IT IS NOT TIME TO MOVE ON and forget the weekend report. It would be beneficial to go back to it and re-read it today or even later in the week.  It helps us to understand that ,  ” Even if OIL is pulling back, or if Vale pulls back,  the big weekend picture would lead me to believe that I shouldn’t be overly concerned with OIL or the CRB dipping down a bit, I should look for a buy the dip opportunity.“

This Monday report is to show trade ideas.   Again, dont be overwhelmed if I have 10 trade ideas on  Thursday, 10 more Friday, 10 in the weekend report, and now 10 Monday morning.  You cannot take every trade, and I certainly do not.  I do this because some did take a trade recommendation,  but others wanted to see if the sector is following through.  Now they need a trade, but the others may have popped 20% and they dont want to chase or enter with the downside risk of a possible 10% pullback, etc.

.

  So I’ve given you ENERGY and COMMODITY ideas.  I suggest you write them down,  or write down where to find them later  (Which report you can look up)  for future reference. Here is something different…

,

SHIPPERS:   UGLY LAST YEAR.      Sometimes Shippers store and transport OIL and could start profiting as ‘storage tankers’. When I see 1 or 2 stocks improve in a sector, thats a ‘maybe’.  When I see MOST stocks setting up?  That could be a sector wide break out coming  ( Remember BIOTECH, ENERGY, MINERS?).

TK – GREAT BASE.  If this recovers and breaks out from this base , upside could be great. 

NM – Inverse H&S forming.

SB–  I’d like to see better volume personally, but this stock could double with a break out really.

DSX –

SBLK WKLY

SBLK ZOOMED IN

.

Now lets take another look at a couple of Miners for that Big Picture outlook.

.

  Does anyone remember how much I liked ABX / NEM Bases?  You may remember that I repeatedly mentioned in JAN and FEB those bases?   Yes,  you are sick of hearing it 🙂

Well, Does anyone remember me saying that TAHO WKLY chart was extremely bullish looking to me when it was $9, and then $10?  I used this chart.  Well, it is playing out perfectly,  and THIS is a piece of that puzzle for growth .  They bought PZG and have good potential moving forward.

It has been rather slow motion, but we have a base break out and back test completed. This would make a good candidate for BUY & HOLD Core type investment if you ask me. You can see that now, right? 

TAHO –  There is resistance on the left side of the chart,  but this can eventually recover to $26 and more if the Gold Bull Has returned. 

.

Please do your own DUE DILIGENCE if you want to know fundamentals on Shippers, ENERGY, MINERS, etc.     I am a firm believer that often you see improvement in a chart well before you can read about it.  Insiders and smarter money get the news first, and leave a footprint of their buying in the chart.  HOWEVER: RISKS  & SURPRISES STILL EXIST IN ALL INVESTMENTS.

Enough said, Dont put all your eggs in 1 basket.

.

And dont forget that the weekend report is not now outdated 🙂  You may want to re-read it as the week goes by to see if something stands out as important or to refer back to chart set ups that were listed there…

.

~ALEX

A good reminder in the comments from the weekend report, in case some missed it.  Thanks  Fubsy