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Author: Jeff Pierce

Gold Could Rally Now

There seems to be a lot of bearishness in the gold sector these days after it’s recent pullback, but when looking at these two charts there really is no need for concern. In fact, a pullback is exactly what this sector needed to...

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Potential Roadbumps on Dow

4  negative aspects about the chart above. Nearing the top of the current uptrend. Volume fell on Thursday when the Dow made a new yearly high, and then we had a distribution day on Friday. Dow 10k acted as a magnet and now that...

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One to Watch

Pay attention to how this stock finishes the week to determine if it can remain in “breakout” mode.

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Amazing Sand Art

I can’t even begin to know the type of emotions this would stir up for the people who live in Ukraine watching this unfold on the light box. Give it a minute and you’ll be hooked for the entire eight, hanging on every grain of...

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Observe the Gap

Judgng by the after hours reaction to Intel, it’s looking like we’re going to gap to new 2009 highs on the Nasdaq tomorrow. It will be critical for the market to continue higher for it to hold the highs, consolidate, and then...

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Unlikely Leader

Tupperware has been on a tear since the market lows rising nearly 4-fold, with no end in sight. Looking at the weekly chart you’ll find a chart hitting new 2 year highs with RSI confirming. The daily chart below is just as good...

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Oil Chart from 1800’s

clipped from www.financialsense.com The decades of low oil prices shown in the chart meant minimal exploration and little investment to develop existing fields. The price surge in 2007-2008 did give an enormous boost to...

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2 Sectors I Like

The reinsurance sector has been very strong and if we do bounce here this is one sector that could run. It hasn’t closed below it’s 20 day moving average in months and when a sector or individual stock has displayed this type of...

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