Explosive Energy

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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 all will better understand what I am looking at when I post 'Energy Stocks that I am currently watching '.  FIRST: Just notice the recent action in these energy stocks- WG   PQ Read More

I didnt plan on talking about Gold & Miners but…

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March 27, 2014     Yesterday I got a few emails asking what I thought about the meltdown in Miners. I cant say it wasnt expected, but I can say it was faster and steeper than I expected. On March 20th , we saw a "THRUST" in the price of Miners, but it quickly failed and broke below our consolidation triangle.  That means further downside....However I thought we would get a "TEST" of the Triangle and then continue down as seen in this chart of GDX from March 20   GDX March 20   The "TEST" was QUICK (Intraday) and the drop has been fast and on High volume, as seen in Todays chart.     GDX March 26   How far will it drop? Are we at support?  Is selling done? And  IS that an Inverse H&S forming?   Read More

Just a couple of Trade ideas

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March 25, 2014    Today I just wanted to look at a couple of charts that look to have decent low risk set ups.   Low risk, of course, means that if one enters a trade, they also know where to set stops (according to each ones "risk parameter") , and if the stock doesnt do what we thought it would from here,  exit and re-assess. Please use stops.  I still like all of the set ups on our STEEL STOCKS and I still own   X and AKS , They probably will not move straight up, but they are still acting correctly and may be forming the right side of a CUP AKS MARCH 25 Here are a few other ideas... Read More