Gold and Silver have both been hot topics this year. Gold breaking all-time highs again this week and Silver on the verge as well. Gold is up nearly 21% but surprisingly Silver is up nearly 30%. We’ve suggested going LONG Silver twice before this year… iShares Silver ETF SLV Long Trade iShares Silver Trust SLV ...…
Last night I happened to watch a program from CNBC on Trash and Waste in the US and globally. Interesting program actually and sparked my attention to some of the Waste and Trash type investments out there for us. Namely the one company that of course is the biggest and most talked about in this ...…
Today the CBOE Futures Exchange (CFE) will introduce its first options on a futures contract for VIX Weekly (ticker: VOW). Many investors like trading the weekly SPY and QQQQ as a way to gain additional income and/or hedge their portfolio each week. Now you can trade the direct VIX with weekly options. NOTE: These new ...…
Here’s a classic example of a very good and strong trendline breakout by the USD/JPY. After months and months of declines by the currency pair, it finally had a huge day back in early September. Since it’s successfully retraced the breakout back down to the support line. I didn’t show it on this chart but ...…
Another look at the investors intelligence chart and you can see that the percentage of bulls in the market is steadily climbing – now over 41% of traders are bullish. While there is certainly room to go higher as we have said before, these types of high percentages does not justify a STRONG continued rally ...…
Honestly…shame on myself for not taking full advantage of this rally. Don’t get me wrong, we are making money during it but I would have made a lot more. Frankly what got me so upset over the weekend was that I KNEW this rally was coming. Anyone who’s a coaching student knows I’ve been talking ...…
Wow! Got a lot of comments and great response from the technicals I posted earlier today! Glad you all liked and enjoyed the different approach. For all those wondering…it was a daily chart of the NASDAQ. Bet you have a different perspective on the index and markets now don’t you.…
Instead of posting a chart and hoping you all read and understand how over-bought a stock is – I wanted to try something different. Here is just the RSI and Stochastics indicators for a particular (unnamed stock)… My question is this: Would you rather be long this stock or short this stocks? You see what ...…
Gold just hit a new all time high of $13,000 per ounce. Huge news of course. But should you buy in? Our opinion…yes but wait for better prices. Gold is clearly gonna be at the very least a hot topic for a couple years and there’s not reason why SOME (not all) of your portfolio ...…
Rather than look at the SPX we are looking at the RUT for the Russell 2000 Index and where Option Open Interest predicts that market to trade by the end of October. Granted last month the SPX failed to come through in glorious fashion for us – but that the life of a trader right. ...…
Futures for the major indexes are down pretty good early this morning. Economic data on tap on today include weekly initial jobless claims, existing home sales for August – both of which can swing the needle if not watched closesly. Here’s the futures chart that we look at early in the morning. It’s not the ...…
Thanks to another reader (James) we have this great bullish flag pattern to show you forming on the FXA (Australian Dollar ETF). Bullish flag patterns are great at spotting and predicting major sustained moves in a security. Notice in the example below how it has an initial thrust higher – some consolidation – and then a ...…
Here’s an ETF we haven’t looked at in a while – DBA - PowerShares DB Agriculture Fund (NYSE). While agro ETF’s (like SGG Sugar ETF) have had a very bullish month, DBA is starting to mirror the same type of price action from last May? This is a great example of an ETF that continues to bait ...…
With all the news this morning about Ireland’s debt problems – shorting IRE Bank of Ireland doesn’t look like such a bad trade. It has clearly failed to put together any rally whatsoever and now is risking breaking a double bottom support line. During the recent bond auction, the extra yield investors demand to hold ...…
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