Uranium is one sector that as of Friday still has momentum in it’s favor and should continue to move higher. Individual issues within the sector have suffered minor pullbacks, with URZ being the standout. NLR and URA are uranium...
Read More. I’m currently reading “One Good Trade” by Mike Bellafiore, and a passage I feel is very relevant to what I do on this blog and my newsletter I want to share with you all, in light of a comment stream from last week. “Trading...
Read MoreThe following is a guest post by Mobile Guru. Groupon recently raised another $950M which brings their grand total up to around $2B and gives it a market value of $6.4B. After rebuking Google’s $6B offer, the company had the...
Read MoreIt’s looking like Monday is going to be a significant day for my timing signal as today it went bearish, but I like to wait for a 2nd day to confirm to avoid whipsaws. Looking at how far the pendulum of momentum has swung over...
Read More. An hour-long documentary by the BBC on statistics, but it’s well worth it taking the time to view and will appeal to most market technicians. Hans Rosling has a way of making statisitcs cool and entertaining. Below are a few...
Read More. Would the real inflation data please stand up? The first regression chart plots the inflation data the government reports while the second one uses the data from Shadowstats and the difference couldn’t be more wide. Given that...
Read More. That’s what today’s action on the markets reminds me of. Gap up, nothing but blue sky ahead, only to close off the highs, with so many sentiment indicators stretched by the Santa Claus Rally. I took my profits off the table...
Read More. I wanted to demonstrate how peculiar that silver has been acting lately relative to it’s past behaviour. This chart is rather small and you have to click on it to make it bigger, but it needed to be this size to have a large...
Read More. Here are a couple of nice looking breakout plays that look like they have room to run. I also noticed a large number of China stocks that were acting over exhuberant during the holiday season. XING CHGS SHZ HIMX FEED SCOK This...
Read More. While I remain long with my trading positions in my account, my bias is leaning towards a market correction. It’s not so much a bias as it more of a general feeling of over-bullishness in many key indicators on the Nasdaq. I...
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