Trade Alert
Bought 15% CDE $9.76 Stop @ $8.89 Target @ $14.90 CDE is a miner that had a strong breakout last week, pulled back to test the breakout with the rest of the sector the past few days, and we believe will rally as gold remains in the timing band for a rally out of its cycle low.
Trade Alert
Bought 5% GP @ $21.55 Stop @ $19.59 Target @ $31.90 GP is an electric vehicle play. Not a glamorous one, as they tend to lean towards buses and delivery vehicles, but it’s a solid company. Of course, the entire EV sector is highly speculative and wild right now. We will keep any trades in this sector very small and try to give them at least some “wiggle” room. Upside potential is extremely good. This … read more Trade Alert
Trade Alert
Bought 15% AUY @ $5.60 Stop @ $5.24 Target $7.02 AUY is a gold miner that had a nice buy signal last week. This week, along with the rest of the miners, it pulled back to test the rising 20-DMA. Regardless of whether this was a gold miner or a tech stock it would be a fairly straightforward buy. We’ve got solid support underneath from all of the moving averages as well as the recent … read more Trade Alert
Trade Update
Moving AG stop up to $12.48 Our AG position has been on quite a run, up nearly 20% now. We’re going to continue to inch our stop up a bit again, and will just continue to do so as it moves our way. The actual metals cycle has barely begun, and we expect this position will continue to perform, however, nothing goes up in a straight line. We will attempt to give it enough “wiggle” … read more Trade Update
Trade Update
Move stop on ADBE to break-even at $482.40 Markets are getting hit pretty hard in early pre-market trading today based on news of a new COVID strain and an emergency meeting being held in the UK. At the moment ADBE looks to be fine, but we want to be sure and have stops where they need to be this morning.
Trade Alert
Bought 15% VRTX @ $236.35 Stop @ $229.90 Target @ $269.79 This is a chart setup that we like to trade. Big gap down on news, followed by a long period of consolidation, a test of the gap low, and finally a breakout of that gap low. Reward-to-risk is always good with these, and with a fresh signal and good momentum it’s an easy trade to make. If the breakout fails we’ll know quickly and … read more Trade Alert
Trade Alert
Note: Both a Trade Alert and a Trade Update with two stop moves included below. Bought 20% GDXJ (in addition to 20% we already own) @ $54.90 Stop @ $51.35 Target @ $64.90 Also move stop on original GDXJ position to $51.35 Lastly, move stop on AG up to $11.39 Gold is rallying as expected so far. The US dollar is also cratering to test lows last seen in 2018. A weak dollar is bullish … read more Trade Alert
Trade Alert
Bought 20% GDXJ @ $51.35 Stop @ $48.96 Target @ $64.90 We were stopped out of GDXJ for a small profit late yesterday. However, as we’ve been warning, catching the cycle low in gold is notoriously difficult to do, and it’s entirely possible we get knocked out of trades once or twice before catching the real move. We continue to be right in the timing band for the ICL, and with this morning’s rally we’re … read more Trade Alert
Trade Alert
Bought 15% ADBE $482.40 Stop @ $467.95 Target @ $535.90 ADBE is giving us a fresh buy signal this morning as it pops back above the 20 and 50-DMAs. This is getting deep into a symmetrical triangle pattern and we expect that if we catch the breakout we’ll see a significant upside rally to the highs. If not, the stop is quite close at about 3% lower.
Trade Alert
Bought 15% AG @ $11.01 Stop @ $10.39 Target @ $14.49 Silver has broken out above the 20 and 50-DMAs, and we continue to believe there is a strong possibility that metals have concluded an intermediate cycle low which would mean considerable upside in the coming weeks. AG is on a fresh buy signal, having bounced right off the 200-DMA, and broken out above the rising 20- and 50-DMAs.
- « Previous Page
- 1
- …
- 29
- 30
- 31
- 32
- 33
- …
- 98
- Next Page »