About: Jeb

Recent Posts by Jeb

One of the Best Gold and Silver Mining Exploration Stock U.S. Gold

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Today U.S. Gold (UXG) came out with exceptional drilling results.  As I announced last week before there meeting in New York, that I believed that important news will come out.  Their El Gallo project is quite impressive as they are…
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DIA Showing Distribution

I posted a few days ago that DIA is approaching resistance at 9000 and this rise has been on light volume.  Some people have said that is because of  summer where trading decreases.  However, there is a lot of money sitting on the sidelines.  If it was a true beginning of a bull then it…
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Car Sales Soar in China

Base metals soared today as car sales in China are increasing at a rapid pace.  Taseko, New Gold and General Moly are  companies with huge deposits that have not been developed.  TGB and NGD are producing now so they will have cash flow. Inflation is kicking in and the long term prospects of these companies…
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GDX Chart Analysis 6-9-09

On a previous update I mentioned not to get too excited by buying the miners when they are overextended.  Look for strength as the mining index will come back to support which was previous resistance at 37.50.  Notice the upward sloping trendline that will act as support as well.  Coincidentally it appears as the 20…
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Molybdenum Companies Increasing Production

Thompson Creek came out with a news item today which states that it will increase production of molybdenum due to the improved market conditions.  This is what we saw here a few months ago in the charts of Thompson Creek and General Moly.  We believe that this is an opportune time to get into commodities…
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Stock Market Update. Important Week for DOW. 6-6-09

Major resistance is being approached for the DOW.  Notice the trendline and resistance where it failed three times in December of 08.  Overhead resistance and lack of volume on the recent rally tells us to be careful and to be ready for a shorting opportunity.  Stay Tuned!  Make sure you have trailing stops set up.
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Interesting Stock Chart on China

Notice the thick blue line and how FXI (25 largest and most liquid China Stocks) crosses that trendline on the point and figure chart.  This shows us the strength of the most leading emerging market and how this market had impacted this rally for the past three months since the March bottom. It is clear…
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NGD Update 6-6-09

Notice the break through the trendlines which is confirmed on our point and figure chart. Everything looks OK at the moment.  Be prepared for a breakout of this bull flag pattern as NGD approaches its 20 day moving average.
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