Author Archive for: Alex - Chart Freak
Entries by Alex - Chart Freak
Little Changes
Not a whole lot has changed since the weekend report, but we can review the little changes that took place and see if it changes anything in our big picture outlook.
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NASDAQ may 1- The Wedge pattern still had wiggle room
You can see on the next chart that on Monday there were minor changes...
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WKEND REPORT- GOLD & OTHER “STUFF”
In this weekend report I wanted to briefly review various sectors as we usually do. We have been quite focused on Energy and recently I was calling for the double bottom lows in NATGAS. We have seen these ideas play out perfectly. Now, in this weekend report, we're mostly going to focus on GOLD/SILVER/MINERS. I have about 40 charts and this will be my longest wkend report to date, enjoy!
SPX & NASDAQ - I have pointed this out for many weeks now. Very trade-able lately, buying dips, selling rips.
Here is the NASDAQ...
PUBLIC POST …WHAT IS NEXT?
Many people read my public posts but have missed out on my private reports. Is it possible that you are missing out on something that could add insight to your trading by adding my reports to your trading style? Could you possibly even make that money back ( $37.95 / month) on your next […]
UNDER PRESSURE
Quick update for readers here on Gold & Silver.
Taking The Lead
FED WEDNESDAY came and went and it rocked many of the areas that we anticipated. We have been invested in Energy stocks for some time, so we actually benefited from the upward push that many of the energy stocks received. Along with Energy and a few other areas of interest, we have also recently discussed the precious metals area again, and I sent out an intraday alert on Tuesday regarding the set ups that I had been watching. So why the puppy with the leash? Notice this...
GOLD
You can see that Gold had started breaking upward this week, and Wed it reversed into the close. Now notice Silver...
Ready For The Fed?
If you look at the volatility in the stock market lately , it would seem reasonable to believe that this Fed Mtg Day could be a shaky one. Yesterday TWTR ironically got rocked from an untimely tweet on their earnings. As mentioned in a prior report, Housing stocks MTH, PHM, TOL, LEN , DHI all got rocked, while MSFT, NFLX, GOOGL shot up higher with their results. After the bell, SSYS, WYNN, AKAM and a few others joined TWTR in the selling off , so we're getting a mixed picture with the weeks earnings reports. And then there was this chart...
IBB - Yes, it has recovered it's 50sma before, but it has work to do. Thats some pretty high volume selling lately.
