BTN Ballantyne Strong's Technical Action Reflective Of Tricky And Choppy Markets

August 11, 2010

Ballantyne Strong – BTN, one of my pilot positions a few weeks back is literally chopping traders to death. The technical set-up was extremely bullish and the stock initially broke out to the upside on huge volume after earnings were announced. The stock has given back all of the initial surge and then some. The […]

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GDXJ Market Vectors Junior Gold Miners ETF – Triangle Pattern

August 9, 2010

Recently gold junior miners have been quite strong. They have started leading the big caps. NEM – Newmont Mining, ABX – Barrick Gold and GG – Goldcorp are basically going nowhere right now. If you compare the GDXJ – Market Vectors Junior Gold Miners ETF with GDX you clearly see GDXJ displaying relative strength. GDX […]

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Gold Mining Stocks Respecting Private Placements Levels As Price Floors

August 3, 2010

The title of the post is a good reflection of what I am seeing recently. Junior Gold mining stocks are starting to react very well to private placements. Put another way, the price levels recent private placements have been done at, are viewed to be bargains, stocks are not selling off and price is not […]

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Markets Still Sending Conflicting Signals

August 1, 2010

Regular updates will be back on starting with the second week of September at the latest. Rest assured, I am doing lots of research in the background. Still, for now my plan is to sit on my hands for another 2-4 weeks. Here’s a few observations: Still lots of conflicting signals out there. Two head […]

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Markets Are Regaining Strength – Technical Picture Is Improving

July 26, 2010

At first sight the headline I chose looks like this might imply one should redeploy funds aggressively on the long side. Although the short term technicals have improved, from a big picture perspective the technicals are still bearish and the trend remains down. A clearly positive development is the fact the markets were able to […]

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LIT Global X Lithium ETF – Exchange Traded Fund Starts Trading On NYSE

July 26, 2010

Global X Funds has now launched a Lithium ETF. Quite interesting as I started tracking the Lithium Sector early on. Also of note the fact AVL.TO – Avalon Rare Metals is part of the list. Goes to show the interest for Lithium, Rare Earths Elements and Exotic Metals in general can be closely related at […]

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Robin Griffiths Audio Interview – S&P 500 Index Headed For A Low In October

July 19, 2010

Nothing really unexpected happening. Friday the market tested resistance and headed lower. We are still moving back and forth within a lower highs and lower lows scenario. A few select strong stocks might be able to move higher still, but overall staying defensive is the way to go right now. In the meantime listen to […]

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Market Headed Into Resistance – Gold Building A Bearish Flag

July 12, 2010

Gold is building a bear flag which indicates further pressure to the downside should be expected. The fact July and August are the weakest months for gold from a seasonality perspective is corroborating the short term bearish technical picture. Up-to-date Gold Price chart on my public list. Further evidence of potential price weakness ahead in […]

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Excellent Trading Advice From Tyler Bollhorn

July 6, 2010

More excellent trading advice from Tyler Bollhorn. Check out his website and subscribe to his weekly newsletter. This guy has incredible insight. www.stockscores.com Don’t apply logic to the stock market So often I see people make decisions in the market on what makes sense to them. It makes sense to buy stocks when the company […]

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Are You In Control Or Is Your Stock Position Controlling You?

July 1, 2010

Tonight’s subject is going to be about ‘Control’. The main reason to address this topic is derived from the fact the great majority of emails I get are tightly related to that issue. The number one problem out there is usually one of the following: Being ‘stuck’ with a position A position showing huge and […]

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