Wednesday, December 12, 2012

Campbell Soup Breakout 12/12/12

Breakout from inverse head and shoulders pattern

Friday, November 2, 2012

Conoco Phillips Breakout 11/2/12

A decisive breakout above $58 could trigger a significant up-move.

Saturday, September 15, 2012

Wednesday, May 23, 2012

Don't give in to emotion

The last few weeks have been quite brutal for holders of gold mining stocks. The HUI index has plummeted 30% since March 1st. However, during such turbulent and agonizing times, it is important to take a step back and look at the big picture. Charts often come in handy when painting a visual of price performance and putting movements like this in context. As quick as stocks like gold mining stocks can be to drop, they can be even quicker to rise. Take a look at the below chart of price performance of the HUI over the last month. Analyze specifically the period from April 23rd till today (May 23rd). What essentially happened in that total price drop over the first 18 trading days was recovered in just 5 trading days. The index is back to where it was on April 23rd, after bottoming out May 16th. It is very important that we do not forget how fast the dynamics can change in our favor if we have the grit to hold on to fundamentally sound positions.



Sunday, April 8, 2012

Gold MUST reverse NOW

A failure to bounce of the 2008 uptrend line would signal a key technical breakdown and possibility of significant further downside.

Saturday, February 25, 2012

Thursday, January 19, 2012

Tuesday, January 17, 2012

Sunday, January 8, 2012

Monday, January 2, 2012

Look at Gold/Dow Ratio instead of Dow/Gold Ratio for Perspective

Oftentimes people look at the Dow/Gold ratio when determining how much further gold has to run in terms of historical ratios. Many believe that the ratio will approach 1:1 before there is a reversal in the gold bull and dow bear markets. However, a look at the Gold/Dow ratio instead of the Dow/Gold ratio show just how much further upside there is in gold. The Dow/Gold ratio, at this stage in the game, doesn't do a good job of demonstrating this to the naked eye. Long way more before the 1:1 level is reached.