Gold Stocks
Update To Last Weeks Comments Regarding Gold
Last Friday I mentioned the number of gold plays that were set up. They bounced. What I noticed in the charts than at previous times where we had blue or oversold signals is that right now I’m not seeing the continuation of green in one of my indicators. Without giving away what indicator that is, …
Friday BOOMERS List
These are some stocks that will be buys on my charts at the close. AEP is a utility, but it looks good for a breakout here. Other plays coming up on that list: IAU, PHYS, UGL, SGOL, DBP, DGL, and of course those two charts, MFN, and GLD. Notice a pattern? I have to remember …
CHL and NEM Two Huge Cup and Handle Formations
Was checking out the CBOE iPad app and noticed CHL made the most active options list. Decided to check the chart and it looked good on the lonnnnnnnger term basis. Same story with NEM here. The difference is this sector, the miners, are catching some mojo here.
Russell 2000 Up 4.75% Today, Really?
Yep the RUT was up 4.75% today or 9.5% in the 2x leveraged funds/etfs. I had no index positions on for today so I didn’t participate and didn’t lose. However, at the close I did go short the RUT and NDX. I would never had gone long the market up that much and not about …
Long Some Gold Miners
I’m in cash with my index funds and got long today a few gold related miners. DROOY, KGC, CDE I’m liking the setup in KGC, it was on my screens at the close of today as well. Weekly signals: short Daily signals: long Intraday signals: short/long I was a little scared about all the Triche …


