REVERSALS EVERYWHERE- WILL THEY HOLD
Today is a day full of reversals. The question is , with the FED MEETING tomorrow , will they stick? Some like OIL & ENERGY seem to have been put in with conviction, if they close here. Sure- some of the energy stocks are up 15 – 20 % , but in recent […]
The Forest or The Trees?
Have you ever heard the expression " Cant see the Forest through the Trees" or "Cant see the Forest For the Trees" ? Its about being so focused on 1 Tree ( Or 1 idea) that you cant see the big picture, the Forest . Its important for investors to see all things big and small , because it can affect the outcome along the way.
For example, we may see a nice set up in a stock. EBAY looks to be breaking out
EBAY just might be breaking out & take off from here, but stepping back and looking at the bigger picture helps us to see if we should be buying / waiting / or what?
Read More
Comfortable?
As Gold drifts around the lows of November, many wonder whether it means Metals are about to break through the bottom again and head for new lows, or break out higher? For many its hard to get really comfortable with the constant ebb and flow of the Metals , especially with the Dollar acting so strongly lately. We can look at some charts in the public section here and comment a little about whats been happening, but a Premium report just went out this weekend, so the review has to be limited, not taking away from those reading the premium version.
Gold hasn't broken down in a lasting manner from this channel, but its at the low end now and faces resistance above. (Click chart to open)
