DIA Showing Distribution
Get a FREE 30-Day Trial of my Members-Only Premium Stock Analysis Service NOW! I posted a few days ago that DIA is approaching resistance at 9000 and this rise has…
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…
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…
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…
China Buying Gold
China is buying gold like crazy! http://www.chinamining.org/News/2009-06-08/1244423563d25443.html…
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…
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…
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…
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…
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…
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