I will be the first to admit a bad call – readers of this blog know that I noted last summer’s false “sell” Bear-o-meter reading– here. However, I do like to think that most of my observations are reasonably accurate. Remember, my view is not so much about hitting it outta the park, but in Read More
What to hold when stocks fall
A bear market can be identified by the break in some technical parameters, as I have discussed in my book Sideways (lower lows, lower highs, a break of the 200 day SMA). Adding to the evidence of a break in trend, your analysis may also been aided by observing the negative correlation of some other Read More
Ask me anything: Answers
Thanks to those who posted questions for this “Ask me anything” blog. I’ve chosen a few of them that I thought would be of interest to the widest number of readers. Let’s get started. How to buy stocks One reader asked me to write a blog on how we at ValueTrend buy stocks – Read More
Here’s where money is going
I’ve made no secret of it – we at ValueTrend hold a very strong belief that the market simply CANNOT continue to push high growth stocks up in a straight line. Something has to give sooner or later. Money may rotate out of some of these high flyers into value stocks, and/or overlooked sectors. There Read More
Gold’s failure
I’m on BNN today at 1:00. One of the questions that I know I will get is regarding gold. Its always something people want to know about. So- I’ve taken the liberty to post the same chart that I have been posting on my blog for the better part of 3 years. Interestingly, the Read More
Where will gold go from here?
Above is a chart of gold that I’ve kept on my screens for a while. The triangle breakout that I noted to wait for on this blog occurred in August. It’s now hit its first level of resistance that I had noted on that blog via the dashed green line. As mentioned on that Read More
Sector rotation opportunity
Seasonals are a good backdrop for discovering sectors that may be in favor. The seasonal patterns give you a great starting point – but you also have to look at the technical profile and fundamentals before deciding to act on a seasonal pattern. For this reason, I’ve always endorsed purchasing Brook Thackray’s seasonal guides every Read More
Don’t buy gold…yet.
Currently, gold is in the midst of forming a large symmetrical triangle. This type of triangle is a consolidation pattern that will, upon a breakout on either the upside or downside, provide some guidance as to what the next step for gold will be. An upside breakout would be considered a bullish sign, and a Read More
Three commodity plays
There are a few commodity plays worth looking at for potential trading opportunities right now. Investors can consider equities (aka individual producers)– or direct commodities exposure ETF’s – for these trades. Let’s get right down to business and look at some charts that should be on your watch list: Natural Gas I noted Read More
Gold and Silver are pulling back as predicted
I noted on my blogs in early July that gold (here) and silver (here) were technically bullish from a trend perspective – but overbought from a momentum perspective. You will also note on those blogs that the ratio of smart money selling (commercial hedgers) vs. dumb money buying (retail investors) was skewed towards net “smart” Read More