GDX Chart Analysis 6-9-09
Get a FREE 30-Day Trial of my Members-Only Premium Stock Analysis Service NOW! On a previous update I mentioned not to get too excited by buying the miners when they…
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…
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…
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…
Gold Stock Update 6-3-09
A few days ago (please see my archived post from 5/31/09) we mentioned be careful of chasing the gold sector as it is quite overbought. We also mentioned to wait…
Be Careful!
Dollar is exremely oversold and will bounce. Mining stocks are overbought. Place trailing stop losses to lock in gains. Be careful not to take new positions if stock is overextended. Wait…
Our Picks This Week/Market Summary 6/2/09
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…
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