Ok, I'm the first one but I declare that this is some kind of
top today.....
I'm looking forward to the newsletter. With bonds, stocks, USD
and gold doing whatever they want, with correlations that seem
to change (are there any? guess yes...) and supercomputers that
trade with money out of thin air....
I'm asking myself if TA still works or if everything is out of
control and just everything can happen or the opposite as
well.....
According to the newsletter, nat gas could bottom very soon. I
think it could be a good idea to take a look at some gas stocks. To
me it seems that stocks like CHK, SWN, DVN are in a correction
after a spike up with good chances for higher prices soon. Maybe
even a huge run? I would appreciate comments about gas
stocks. Could it be time time to buy now with a very
narrow stop? DVN on the watchlist is at the bottom of a bullflag,
but spiked lower during yesterdays session with a close on the
edge...
bgold, you must be joking. Of course stops got triggered but
first you have to move silver down to a level where those stops
are. And this definately was a concerted action of the bankster. I
suppose that the risk of buying panic in silver (after it broke
downtrendline) and gold (just shy of resistance 1800) was much too
high on a day Bernanke speaks. This could have resulted in a very
big move up!!!! Because you don't know the reaction of the market
on a Fed day, they decided to act and force silver and gold
down.
It will be intersting to see how this will go on, I liked Matt's
version of an a-b-c- down for a wave 2.
I own already too much silver stocks and don't want to have more
but SVM has lost more than others and is still quite low, so maybe
SVM could catch up a little bit and could also do better than the
silver stocks on the watchlist (which I own ....)
Randgold was among the first PM-shares that topped out in
the 2010 Rally. Maybe GOLD is still a leading indicator. To me it
seems that this stock could break out to new highs soon.
I don't own this stock but lots of PM's, hoping for a long and
sustainable rally....
Wouldn't be surprised to see more gains here quite soon.
FSY broke out yesterday (don't own it). Others like URRE,
PDN.TO, UEX.TO, URZ, URG, MGA.TO are correcting at the moment.
So no hurry here but I believe that the next bigger leg will be up
and when I look at my favourits LAM.TO and UUU.TO another break out
could come rather sooner than later.
there is no such thing as a stocks market, it's a market of
stocks, if one goes up it doesn't mean that another one goes up as
well and when you compare different stocks this is obvious.
Two stocks I observe, at least from time to time , are AAPL and
CMG. CMG was mentioned here a couple of weeks or months ago, I
never heard of them before.
What do those two stocks have in common? Not too much I would
say. You can buy a Chipotle app, they are both successfull and
that's it.
So why in hell have those two stocks gone hand in hand vor
years? Take a look at a chart comparison
Another thing that they have in common is that they are both
very heavy with stock prices above 300$. Do banks prefer to buy
heavy stocks with Helicopter-Ben's money?
CMG has a P/E of 55 or so, but I suppose it's not too much for a
restaurant chain....
The reason of this recent weakness is a bought deal offering of
35 Million shares@ 9.5$.
I don't think that they let NG trade too far below 9.50 $, so
this support here could be the turnpoint. High reward
possible, but a stop below should be set.....
Thank you Matt, just keep on posting about HSOL: I own it
too and someone has to push this one above resistance...
All the other Solars are looking interseting too imho (owning
also CSIQ and STP) but HSOL with such a clear bullflag pattern that
it just has to pop.....
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Top
Posted by zwyss on 13th of Mar 2012 at 04:46 pm
Ok, I'm the first one but I declare that this is some kind of top today.....
I'm looking forward to the newsletter. With bonds, stocks, USD and gold doing whatever they want, with correlations that seem to change (are there any? guess yes...) and supercomputers that trade with money out of thin air....
I'm asking myself if TA still works or if everything is out of control and just everything can happen or the opposite as well.....
The winner is..... USA
Posted by zwyss on 13th of Mar 2012 at 06:51 am
I think we europeans can learn a lot from the USA in making huge monthly deficits and pretending that everything is fine......
Last month the federal budget closed with a deficit of 231,683 billions USD, that was the 41st deficit in a row.
I don't know when and I don't know how, but that won't end in a good way.
commodities --DBA
Posted by zwyss on 9th of Mar 2012 at 10:31 am
DBA sits right on support, but unable to move with the strong markets.
Stocks up, USD also up and dba doesn't know which direction to take...
In case it loses support, dba could be a nice short, but for now it's holding and still on a long....
XLE
Posted by zwyss on 9th of Mar 2012 at 10:11 am
Interesting now. Energy stocks could turn here. Maybe now or never....
Gas stocks
Posted by zwyss on 6th of Mar 2012 at 03:17 am
Matt/Steve
According to the newsletter, nat gas could bottom very soon. I think it could be a good idea to take a look at some gas stocks. To me it seems that stocks like CHK, SWN, DVN are in a correction after a spike up with good chances for higher prices soon. Maybe even a huge run? I would appreciate comments about gas stocks. Could it be time time to buy now with a very narrow stop? DVN on the watchlist is at the bottom of a bullflag, but spiked lower during yesterdays session with a close on the edge...
Energy stocks
Posted by zwyss on 2nd of Mar 2012 at 12:39 pm
XLE at decision point?
bgold, you must be joking.
How they crushed silver yesterday
Posted by zwyss on 1st of Mar 2012 at 08:29 am
bgold, you must be joking. Of course stops got triggered but first you have to move silver down to a level where those stops are. And this definately was a concerted action of the bankster. I suppose that the risk of buying panic in silver (after it broke downtrendline) and gold (just shy of resistance 1800) was much too high on a day Bernanke speaks. This could have resulted in a very big move up!!!! Because you don't know the reaction of the market on a Fed day, they decided to act and force silver and gold down.
It will be intersting to see how this will go on, I liked Matt's version of an a-b-c- down for a wave 2.
SVM
Posted by zwyss on 29th of Feb 2012 at 07:41 am
I own already too much silver stocks and don't want to have more but SVM has lost more than others and is still quite low, so maybe SVM could catch up a little bit and could also do better than the silver stocks on the watchlist (which I own ....)
Randgold
Posted by zwyss on 29th of Feb 2012 at 07:11 am
Randgold was among the first PM-shares that topped out in the 2010 Rally. Maybe GOLD is still a leading indicator. To me it seems that this stock could break out to new highs soon. I don't own this stock but lots of PM's, hoping for a long and sustainable rally....
Uraniums
Posted by zwyss on 29th of Feb 2012 at 03:55 am
I'm still owning a few Uraniums. They don't look as spectactular as silver stocks but good enough to me to hold on.
Especially UUU.TO and LAM.TO seem to bull flagging after gains
http://stockcharts.com/h-sc/ui?s=uuu.to
http://stockcharts.com/h-sc/ui?s=lam.to
Wouldn't be surprised to see more gains here quite soon.
FSY broke out yesterday (don't own it). Others like URRE, PDN.TO, UEX.TO, URZ, URG, MGA.TO are correcting at the moment. So no hurry here but I believe that the next bigger leg will be up and when I look at my favourits LAM.TO and UUU.TO another break out could come rather sooner than later.
Off topic: go to yosemity and try this....
Posted by zwyss on 17th of Feb 2012 at 08:44 am
http://www.youtube.com/watch?v=leCAy1v1fnI
Hihi
A market of stocks
Posted by zwyss on 16th of Feb 2012 at 07:24 am
Never heard of CMG
A market of stocks
Posted by zwyss on 16th of Feb 2012 at 05:55 am
there is no such thing as a stocks market, it's a market of stocks, if one goes up it doesn't mean that another one goes up as well and when you compare different stocks this is obvious.
Two stocks I observe, at least from time to time , are AAPL and CMG. CMG was mentioned here a couple of weeks or months ago, I never heard of them before.
What do those two stocks have in common? Not too much I would say. You can buy a Chipotle app, they are both successfull and that's it.
So why in hell have those two stocks gone hand in hand vor years? Take a look at a chart comparison
http://finance.yahoo.com/echarts?s=AAPL+Interactive#chart3:symbol=aapl;range=5y;compare=cmg;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined
Why is that? I-phone and Mexican Food?
Another thing that they have in common is that they are both very heavy with stock prices above 300$. Do banks prefer to buy heavy stocks with Helicopter-Ben's money?
CMG has a P/E of 55 or so, but I suppose it's not too much for a restaurant chain....
Thank you saturn, Of course
MCP
Posted by zwyss on 14th of Feb 2012 at 09:24 am
Thank you saturn, Of course it's a downtrend but I'm waiting for a trendbreak of the 60 Min with a tight stop
MCP
Posted by zwyss on 14th of Feb 2012 at 04:51 am
Opinions about MCP here?
Stockmarket is already quite extended to the upside but MCP is very weak. But if MCP breaks the downtrendline it could go up fast and far imho.
Suppose he can't miss the
Ever wondered what BenWankies keyboard looks like...
Posted by zwyss on 10th of Feb 2012 at 03:36 pm
Suppose he can't miss the "kick the can" button.....
NG
Posted by zwyss on 8th of Feb 2012 at 07:47 am
I don't own it, but NG could be a good buy here.
The reason of this recent weakness is a bought deal offering of 35 Million shares@ 9.5$.
I don't think that they let NG trade too far below 9.50 $, so this support here could be the turnpoint. High reward possible, but a stop below should be set.....
Thank you Matt, just keep
HSOL
Posted by zwyss on 7th of Feb 2012 at 12:44 pm
Thank you Matt, just keep on posting about HSOL: I own it too and someone has to push this one above resistance...
All the other Solars are looking interseting too imho (owning also CSIQ and STP) but HSOL with such a clear bullflag pattern that it just has to pop.....
... hopefully...
SIMO....oh shi......
Posted by zwyss on 3rd of Feb 2012 at 02:52 pm
I shorted this bastard when Matt mentioned it 2 days ago.....
After they brought numbers yesterday I got stopped out much higher.
And now SIMO is loosing and loosing. Congrats to the one who sold it to me this morning......
don't bet on it. Stronger
Good jobs number means stronger USD
Posted by zwyss on 3rd of Feb 2012 at 09:29 am
don't bet on it. Stronger USD means also weaker stocks....