Looking Ahead

                                                                 Header Photo artwork  credit to RUSH and Hugh Syme MARCH 23, 2014   No one actually predicts with 100% accuracy what the markets will do next, but with a little help from the charts, we may gain some idea of a likely path they'll take. In the last Report the $USD "Popped" and I mentioned that it may pause when it got to the 50sma & go sideways (Chart 1), before resuming higher. So far - that is playing out (Chart 2). What could that mean...? $USD$USD as expected Read More

Fast Turns

When the markets turn fast, we have to try to keep pace. Yesterday during the Fed commentary , The U.S. Dollar took a sharp turn, and Equities, Treasuries, Commodities and so on were shaking it up a bit too. Lets Start with the dollar... $USD Read More

Seeing signs of strength

After some beautiful runs in Steel stocks , they took a rest and some thought that Steels strength was over. It seems that the Large run up just needed to take a healthy breather and consolidate some gains ,so lets see where they are now.  We'll start with AKS AKS Read More

Reversals of fortune?

We have a FED MTG directly ahead of us , should we even be looking at the volatile Precious metals? Well, I wont recommend anything, but I need to point out some nice looking reversals...lets start with PAAS PAAS REVERSAL  March 18   Read More

Update : CPE March 18

Buying CPE @ $6.60 has paid off rather nicely . The CPE update here http://www.chartfreak.com/2014/03/13/cpe/#more-95  showed that the set up was still bullish as it then traded near $8.00. Yesterday & Today it traded around $9...whats next... CPE UPDATE MARCH 18   Read More

GDXJ 4 hr chart

GDXJ has broken inside the triangle on increasing volume, using a 4hr chart . (Click to enlarge)

GDXJ CLOSE UP MARCH 17

More downside would seem likely  (Especially a close inside)

QUESTIONS ON GDX / GDXJ

I've been asked what I see with the selling in GDXJ / GDX today. - I can view it in a few different ways, so lets start with the daily -( Is it just a simple "test" of the break out & 10sma ?) GDXJ  daily  March 17   Read More

Two stocks appealing

I'm Still liking Rare Earth set ups( See  QRM, AVL, REE,MCP ) as mentioned in a prior post. They have "Based out" and look to be moving above( and some have finding support above) their Moving averages . I also like some of the energy stocks like AXAS , MNGA, & a few others are starting to look good. Let me highlight 2 stocks and why I like them.  SHLO  and MNGA Read More

AAU Important update

I wanted to quickly review a possible change in the way AAU looks. It may have gone from "Bullish" to "Caution" , please read on... Read More

RARE EARTHS

Noticed some reversals in RARE EARTHS today.  They look oversold and seem to be “BASING”. see  AVL, QRM, REE, MCP

MCP  as an example

MCP