You’ve heard the “Sell in May…blah blah blah” before, but there appears to be some truth in that old market saying. Trading during the summer months can be incredibly frustrating due to the lack of volume and sometimes the best...
Read MoreNo posts today…had a close family member on my wife’s side had a heart attack and I’ll be travelling 5 hours to Vancouver Island. Today’s pop doesn’t change anything with my indicators.
Read MoreThe reason behind the above title is on April 1st I received a sell signal on the markets only to be whipsawed 2 days later. I believe that was a head fake to lure in the investors who felt like they missed the rally. Sorry this...
Read MoreToday looks to have completed the topping process on this chart. Shorting any bounces could be a good strategy here.
Read MoreMulti-month highs with RSI and ADX starting to build momentum. Markets could easily pause here for a much need consolidation. That 200 day moving average is still going to provide some resistance though.
Read MoreI’m way to left brained because I love charts like this. clipped from www.financialsense.com
Read MoreSilver is rangebound right now and appears poised to continue it’s ascent, however the ADX is somewhat troubling here. The trend is not very strong here (based on the floundering ADX line) and I would be watching this indicator...
Read MoreI haven’t scoured the entire gold sector, but this stock is outperforming many, if not all the gold stocks out there. If there is one that has outperformed this stock as of late, let me know so I can keep an eye on that one as...
Read MoreI uploaded a new book for you guys to chew on. It’s only 1170 pages so I expect you to have it done by next week so we can chat about it….lol. Disclaimer – I own the hard copy, but haven’t had a chance to read past chapter one...
Read MoreLast month when it looked like the market was in the process of churning and ready to pause, it did just the exact opposite. Now that the market has undergone many accumulation days by IBD standards, it appears like it’s ascent...
Read More
