MAY 7 (Intraday thoughts) Lets not find out the hard way. When Gold / Miners are acting correctly , Trading can be profitable. Have you ever traded them when they get caught up in a sell off though? I mean a REAL SELL OFF? They pick up speed and start defying support levels , Moving […]
SUNDAY MAY 4 7 Charts Update on Metals/Miners I’m still short term Bullish, long term ‘Cautious’. We have to be. The charts are shaping up nicely, but I’m always open to further lows into the Summer months. This caused me to want to look at Mostly weekly charts for this update. I want to […]
APRIL 26 (Saturday Update added here) In Trending markets, investing with a bias can be profitable. At other times, however, like possible turning points or periods of volatility, you have to be willing to change direction FAST and Leave out any BIAS until direction is established. That said, lets quickly review the recent action in […]
UPDATE 4/23/2014 POSSIBLY THE MOST IMPORTANT CHART FOR GOLD BUGS/ TRADERS TO BE WATCHING I.M.H.O. We just had a “WATERFALL” type sell off in MARCH. Many started HATING MINERS again. THAT sentiment is now turning to , “I NEED TO BUY THIS REVERSAL OR MISS THE MOVE”. THIS is what I am watching for, […]
APRIL 15 Some see a BULL, but look closely , some see 2 men arguing whether its really a Bull. Well ,if you follow me on Twitter you know that for a short while now I have posted charts calling for a drop in GOLD & especially the Miners GDX/GDXJ. I still think the […]
APRIL 11, 2014 – Please review my last report , it basically is still quite valid. I had some possible downside targets that havent been met yet (For ex: QQQ could visit the 200Sma), however with ‘bounces’ along the way and the “Should I ‘Buy The Dip’? mode firmly in peoples minds- is it really […]
Well, to be honest, I got 2 requests on the Markets in general, but they are just as important to me The Question was , “Did you see a pullback in the Markets approaching and is that why you moved to the Energy Sector? If so, what did you see?” The answer is , […]
While the Nasdaq was busy Selling off hard Friday, bleeding in earnest with high volume (See QQQ chart below) , and all the MOMO stocks like PCLN, AMZN,NFLX and other market darlings were being thrown overboard last week, something odd was also happening…
I dont want to overload anyone, but I look at so many charts and when I see what I think are “Good probability set ups” or other “Interesting Ideas” & things to take note of, I’d rather give a variety of info and let the reader take what they want from it. Let me start […]
Those who’ve know me know that we’ve bought Energy Stocks successfully off and on since last summer. Clean Energy, Green Energy , Nat Gas, Solars, Oil, etc have been On Fire (No pun intended?) For newer readers, I want to post MANY visuals for you to see what has been happening recently, and then […]
