Recent Posts by Jeb

Watch for Higher Interest Rates

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting! This chart is showing the short long term treasury ETF.  What TBT is showing is that higher long term interest rates and risk of inflation is here.  Look at the breakout on May 7th and the beautiful retest at…
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Taseko Breakout

Yesterday I gave a signal that Taseko would breakout of the symmetrical triangle formation.  Today it did on huge volume.  I believe this will be a quite profitable trade at this point.
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Market Summary May 26th 2009

The Nasdaq remains above its moving averages despite have light volume to support it.  It is concerning because Nasdaq and Dow Jones appears to making a descending triangle pattern after a rising wedge formation.  A break on volume at this point would cause the indexes to retest the March low.  It would be nice to…
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Treasuries are dropping

Investors are nervous of the government sales of treasuries which is causing the late afternoon selloff.  The oversupply of treasuries and Fed's balance sheet is a concern we should all have.  How long can the government be bailing out and spending like there is no tomorrow?
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Dollar and Treasuries Look Bearish/Gold Mining Looks Bullish

I want you to take a look at this chart of the dollar and the long term treasuries.  They are both very bearish charts.  The dollar  has a head and shoulder reversal pattern.  In December there was heavy institutional selling followed by a retest of the high on low volume.  Each time it has tried to retest…
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TGB Taseko Close to a Major Breakout

Taseko is on the verge of a major breakout.  Great project...there is a little opposition to the Prosperity mine but that is minimal to the economic benefits to the region.  This is a great managed company.  Notice it closed on higher volume then the previous day even though it was below average volume.  Look for…
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Market Summary May 25th

The Dow was up and regained to stay above the 20 day moving average even though volume remains quite light.  It does look that the market is rounding and price volume action is poor.  Be careful.  Look at GLD.  Gold closed near the high of the day after opening up lower.  Price volume action is…
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Obama Says No More Money

We are broke...dollar has fallen significantly as well as long term treasuries.  Look at the chart of the TLT versus GLD.  I believe this trend will continue and now with a lower price of oil and labor select mining stocks will make nice returns.
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(NGD) New Gold Great Chart

New Gold is an intermediate gold producer with great projects.  They just aquired Western Goldfields.  They have the cash flow to grow and develop new projects such as the New Afton project in British Columbia.  Their management is the best in the business.  Some of the directors ran Newmont and Goldcorp.  They know how to…
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