Silver Long Term Weekly Price Chart Bullish Technicals – Ascending Triangle

February 15, 2011

This is basically meant as a follow-up to yesterday’s post. The picture within the precious metals is indeed very mixed. The bearish flag pattern in GLD I talked about yesterday is still valid. On the other hand we have a very bullish technical set-up in silver. The weekly chart is forming an ascending triangle which […]

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GLD Gold Trust ETF Bearish Flag Chart Pattern – Patiently Wait For A Better Entry

February 15, 2011

More bearish flag patterns within the precious metals sector. I wrote about the bearish flag set-up in AUMN – Golden Minerals, now GLD – Gold ETF is also clearly displaying a potential bearish flag indicating price may have to move lower first before new highs can be printed. I am not being outright bearish here […]

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Paper Trumps Gold – Tembec TMB.TO

February 10, 2011

Now that’s a headline I like ;-). Kidding aside, TMB.TO – Tembec the paper, pulp and forestry stock in my portfolio is quietly developing into a monster stock. It is now obvious the stock was way undervalued when I initiated my position. Along the way I stated quite a few times it was one of […]

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BAT.V Batero Gold – Technical Chart Analysis Of Colombian Gold Mining Stock

February 9, 2011

Batero Gold – BAT.V is another Colombian gold mining stock I am watching very closely. Actually I was considering buying BAT.V as well when I initiated a position in CNL.TO – Continental Gold. I ended up only buying CNL.TO mostly because I am typically attracted by high grade gold stocks. That being said BAT.V – […]

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Gold And Silver Mining Stocks Potentially Building Bearish Flags

February 7, 2011

Going through lots of charts in the precious metals sector i.e. gold and silver mining stocks, I cannot help but notice lots of flags with potentially bearish implications if they are resolved to the downside. There is no need to predict anything here. The situation is unclear, that’s why I will simply wait until the […]

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Understanding China – Outlook And Video Presentation

February 3, 2011

Excellent thoughts on China, its economy and its culture. The essence of the video is about understanding the differences between the East and the West and why trying to understand the Chinese mentality as a Westerner is highly problematic. Here’s a few subjects Martin Jacques, author of ‘When China rules the world’ talks about: Chinese […]

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G. C. Selden Trading Psychology – Hunches And Gut Feelings

February 1, 2011

Recently most traders probably have spent a great deal of time managing risk and emotions. I know I have. When it comes to correctly gauging and dealing with emotions it is paramount to analyze your reactions in a detached way. The best way to get objective insight is to imagine taking a step back and […]

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Energy Stocks Powering Higher – LNG Cheniere Energy DNN Denison Mines Gathering Momentum

January 31, 2011

Sure enough the moment I lightened up a bit, most of my holdings run up like crazy. I couldn’t be happier about what happened today. Instead of wasting precious time and energy looking back regretfully, my job is to listen to what the market tries to tell me. My focus is on properly executing my […]

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Stock Picking vs. Market Trend

January 28, 2011

Today I decided to reduce my overall market exposure. I sold one third of my portfolio. The fact I treated all my positions the same way is a pretty good description of my intention: I am still happy with all my portfolio components, but I wanted to reduce overall risk and portfolio volatility. Now, while […]

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AUMN Golden Minerals – Wait For Clear Reversal Candles In Silver Mining Stocks

January 26, 2011

Most silver mining stocks are displaying falling knife trading patterns. Although it looks tempting to go bargain hunting I don’t think it’s a good idea to buy just yet. SLV, the Silver ETF looks like it wants to hit that gap in the 25 $ area. SLW – Silver Wheaton and AUMN – Golden Minerals […]

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