Category Archives: Latest Commentaries

Our Picks This Week/Market Summary 6/2/09

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!Let's review our picks so far. 1) TGB (Taseko) Bought at 1.60 Now it is 1.91 19% Gain Recommended on 5/26/09 2) NGD (New Gold) Bought at 2.50 Now it is 3.04 22% Gain Recommended on 5/28/09 3) GMO (General…
Read more

Morning Stock Pick U.S. Gold (UXG) 6/2/09

U.S. Gold has one of the largest mineral land positions in Nevada and they have just shown quite impressive results in Mexico.  They are owned by Rob Mcewen who built Goldcorp.  Rob has success in building gold companies and rewarding his shareholders.  Rob has decided to invest his own money in exploration as a way…
Read more

Nasdaq Breakout

Since the March low the Nasdaq rally has lacked volume and appeared to make a rising wedge.  After a breakout to the downside on low volume the Nasdaq appeared to make a rectangle sideways pattern.  This battle between buyers and sellers was resolved today to the upside.  Today the Nasdaq broke out of resistance so…
Read more

GMO Update General Moly

General Moly had a major follow through today closing near the high on huge volume.  If you were following since last Wednesday you would have a nice profit.  I believe this company could run to at least 4.25.   It seems as though institutions are piling into this stock.   China is importing molybdenum as their demand…
Read more

GMO General Moly Update

Last week we gave a morning update to anticipate a breakout at $2.  On Friday the stock catapulted through 2 to reach2.13 up 12% at more than 4 times normal volume.  What a breakout. We are extremely bullish on molybdenum.  This element is used in so many industries and applications from refineries to nuclear reactors. …
Read more

NGD New Gold Update

Last week we wrote on the blog about New Gold and the opportunity the chart was presenting to us.  We put a buy point at $2.50.  On Friday it closed at $3.10 which was a 24% gain for our followers.  This was a breakaway gap as it broke out of a base on more than…
Read more

Market Summary Week Ending 5/29/09

The S&P 500 remains above the 20 and 50 day moving average.  The S&P has moved sideways making a base after breaking out to the downside of a rising wedge pattern.  This rally has been on low volume.  So this rise has been on the back of other factors such as a seriously declining dollar, …
Read more

New Gold (NGD) Great Buy

This is a great point to buy New Gold.  They have just combined with Western Goldfields.  They will produce enough gold to be able to fund their  development project in British Columbia called New Afton.  This project has close to a billion pounds of copper.  When buying a gold company making sure you have the…
Read more

Taseko is Up on Higher Volume

The volume is good on Taseko above average today to qualify as a breakout.  Let's hope it closes at the high of the day as more investors pile in and recognize the breakout.
Read more