Gold Mining Stocks Technical Picture Has Significantly Improved

November 8, 2011

T he technical picture for the gold mining stocks has significantly improved. There is simply no other way to interpret recent price action. It still isn’t an all clear, blue skies type of situation, but the technicals imply higher prices ahead. The key thing to monitor is how individual stocks deal with the vicious gap down [...]

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CBJ.V CB Gold – Ross Beaty’s Lumina Capital Buys Into Colombia’s Potential Next Ventana Gold

November 1, 2011

Ross Beaty is back investing big bucks in Colombia. Last week, by means of his investment arm Lumina Capital, he initiated a position in CBJ.V – CB Gold. Just a few days prior to that private placement CBJ.V published drill results containing what can only be labelled ‘monster gold grades’. Drill result news: Vancouver, British Columbia: [...]

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Bears Getting Killed

October 27, 2011

Easy headline choice for tonight’s post. The markets gapped up and then basically kept going up all day. Now comes the tough part of the analysis. This market has simply been way stronger than I had expected. Whenever that happens it is time for me to pause and reflect. It is time to reassess the [...]

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S&P 500 Chart Hitting Strong Resistance Long Term Technical Analysis Patterns

October 25, 2011

The S&P 500 chart is starting to hit strong resistance. That’s the chart annotation I added to the daily S&P 500 chart on my public list yesterday. Today we saw price getting rejected. Apart from the technicals I keep seeing stocks like AAPL – Apple and now AMZN – Amazon getting killed after they announce [...]

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Gold Miners Lower Prices Ahead – ANV Allied Nevada Gold Technical Analysis

October 21, 2011

More of the same for tonight. I’ve talked a lot about the bearish patterns developing in the gold and silver mining stocks. The only metric that counts is price. The miners were displaying red flags for months as the price of gold was making new highs but the miners didn’t print new highs. Only at [...]

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Web 2.0 Summit 2011 Mary Meeker Video Presentation Mobile Internet Trends

October 19, 2011

Another post as I just watched Mary Meeker’s Web 2.0 Summit presentation. She talks about Internet trends and mobile growth. Impressive stuff. You can watch last year’s presentation if you missed Mary Meeker’s 2010 presentation on Mobile Internet Growth. She goes through the various slides at a rather quick pace. In order to get the [...]

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EXK Endeavour Silver NYSE Breakaway Gap Down Chart Pattern

October 19, 2011

This is meant as a follow-up post to my GDX / GDXJ technical video analysis of the break-away gap patterns prevalent in most of the gold and silver mining stocks. Alan Farley coined the term ‘Hole in the wall pattern’. This gap pattern after a long rally has to be considered a break-away gap until proven [...]

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Technical Analysis Video Gold Miners ETF GDX versus GDXJ Gap Down Damage

October 13, 2011

Quick video review of the technical situation within the gold mining sector as the S&P 500 is starting to slow down after the recent run-up. I did a GDX vs. GDXJ chart comparison and talk about what to look for prior to initiating new positions in gold mining stocks. Remember to select the highest resolution [...]

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Recovery Rally Into Christmas?

October 12, 2011

Now this is one heck of a confusing market. Longs got trapped then shorts got trapped. Now nobody wants to commit to either side and the market is climbing a wall of worry and is simply moving up. Pretty much sums up what is happening right now. Still, that doesn’t make it easier to trade [...]

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Ray Dalio Principles

October 10, 2011

A few gems taken from Ray Dalio’s Principles. Here’s the link to the ‘Principles’ Ray Dalio founder of Bridgewater Associates published: http://www.bwater.com/Uploads/FileManager/Principles/Bridgewater-Associates-Ray-Dalio-Principles.pdf I remained wary about being overconfident, and I figured out how to effectively deal with my not knowing. I dealt with my not knowing by either continuing to gather information until I reached [...]

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