Category Archives: Latest Commentaries

Molybdenum Companies Increasing Production

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!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…
Read more

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.
Read more

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…
Read more

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.
Read more

Resistance on GDX (Gold Miner ETF)

We wanted to show a 2 year chart on GDX gold miner etf.  There is major resistance at the $45 dollar area which needs to be broken.  In order to do that I would not be surprised of a short term correction to the $39 area.  This is where I would wait so that the…
Read more

Our Stocks 6-4-09

BARE did not trigger a buy as we had the buy point at 10.51...maybe it will hit that tomorrow. TGB was up but it does have resistance at the $2 area which it will take some time to breakthrough. NGD was unchanged and is now building a "handle." UXG was up around 6% and closed…
Read more

Geithner and Bernanke

How hypocritical!  Bernanke came out yesterday requesting Congress to curb budget deficits after increasing the money supply exponentially.  Use this time period to look for additional opportunities to get into the best commodity opportunities.  NGD, TGB, GMO and UXG are great low priced positions that will move higher in an inflationary environment.
Read more

Stock Pick for 6-4-09 (NOT a Mining Stock)

I sometimes include on this blog for some of our followers some tradeable picks that are not mining stocks. This pick is gaining popularity as a healthy cosmetic company with environmentally friendly products and excellent earnings growth and return on equity. The company is Bare Escentuals (BARE). BARE is about to break out of a…
Read more