This is a very important alert on the uranium sector, it is starting to look like the uranium price has bottomed and that the uranium mining stocks are set for a pretty good rally for the second half of the year. Do you remember the huge rally we saw in the price of Uranium from … Read more
I recently downloaded the Track n Trade trading platform from Gecko Software and wanted to write this brief Track n Trade Review because there are a few features this software has that I am excited about. I downloaded the demo to my PC which took about a minute or so and then went through the … Read more
Just yesterday I was talking about how on the emini futures there was a possible chance or setup for a breakout type price action. Later on that evening as I was looking at the final numbers for the day and looking at the volume numbers for the SPY ETF I came to the exact opposite … Read more
Here is an early morning update on the Emini Futures (September Contract). Shown on the left is the September contract. Right now at 7am they are up about 6 points or so. Looking at the little chart of the emini futures to the left it appears that there is a general tendency towards an ascending … Read more
The FAS ETF may be getting ready for a big move. This is an extremely volatile ETF to say the least and has a habit of gapping all over the place depending on what the sentiment is by morning open. Before getting a good read on the FAS I like to see what the SPY … Read more
I have been watching HAYZ Hayes Lemmerz stock closely today. This auto supply company trades on the Nasdaq and makes steel and cast aluminum wheels for most of the major auto makers. Now I probably do not need to tell you anything about how much trouble the auto makers have been in during recent months … Read more
The market is still looking quite constructive to me given the recent price action. From the chart above you can see that the market at least as represented by the SPY ETF is still contained within a long down trending bear market type channel despite the positive last 2 weeks or so positive price action. … Read more
This is just a quick update. I sold the DXO ETF that I was talking about a few times before. My average price on this sale was 3.14 and my average buy was 2.32. So the gain on this trade was about 35.4%. Not bad for an ETF. I did not want to be a … Read more
Right now the SPY ETF continues to show near term strength and follow through on the day of the fed announcement later on today. This has been quite a persistent rally and I suspect has caught many off guard considering how bearish and bleak things were looking only a couple weeks ago. I have to … Read more
I just thought I would let everyone know that any thoughts I have about the gold market (gold price, gold mining stocks, or gold mining indices) will be done over at LetsGold. I just felt that gold is an important enough topic that it deserves it’s own forum. So again go over there to hear … Read more