Most of the mining stocks are breaking out to the upside with very little upside movement in gold and silver. This is extremely bullish for them and the physical metals. My favorite, CDE is about to run thru 9, 10 and onto 12 "in the blink of an eye"! BUY. Chartsmaster
Today ends the month, quarter and first half for financial markets. Take a look at the charts of both Silver and CDE for the 6 month, two year and five year timeframes. I am convinced that both physical Silver and CDE represent extreme value that will be significantly rewarded over the next 6 months, two year and five year time periods. BUY. Chartsmaster
The chart strongly suggests that AAPL will trade just above 190 before the week ends. Above 190 I would be a seller and buyer of puts. Chartsmaster
The fundamentals are horrible and the chart says it's over. The stock is about even year to date but up 100 points in the second quarter. That is why as soon as the first half ends(this week) the stock begins it's descent next week. Sell and buy puts on TSLA and never go long again. Chartsmaster
In my last post on the precious metals, I referred back to my March belief that the charts were showing the bull market in silver, gold and the mining stocks, would begin in either April or July. Although the charts showed the posibility that the sideways base building would last until July, I thought the breakout would happen earlier. Obviously, that was not the...
Another stock I have previously recommended is at a good low risk entry point. Buy XON. Remember, this is a very long term situation. You can trade around a long term position but I expect huge returns over a 5-10 year period. Chartsmaster
On Monday, I posted that one of the stocks I follow was displaying a chart set up that indicated it would be at an excellent entry point today. This opportunity has limited downside risk, great dividend yield and a good possibility of a 25% appreciation by year end. Use today's early weakness to Buy IBM. I see 175-180 by year end with more to come in 2019. Chartsmaster
The chart of one of the stocks I follow is setting up for a Buy this Thursday. Unless there is a crazy move either up or down before then, I will be posting a Buy on Thursday for this specific stock. Chartsmaster
In another classic orchestrated smackdown, the manipulators have provided us with a gift buying opportunity. Right after getting close to the breakout point, I was expecting a pullback as I inferred in yesterday's post. I didn't expect the extent, but thanks for the gift. Silver and CDE are on sale. Take advantage and BUY! Chartsmaster
As, I have been posting for days, weeks and months, the greatest bull market in financial history is coming out of the starting blocks. The manipulators (jp morgan et al) will continue to try and slow down the rise as much as possible. Here in the early stages it will be slow and drawn out. That is actually a good thing. The charts clearly show the direction is...
If you believe that Silver is undervalued and has a reasonable chance of rising 20-25% to 20-21 by the end of the year, than you must consider buying CDE. The chart strongly suggests that CDE is about to rise and if Silver goes to 20-21, CDE should reach between 12-16! That would be 50-100% from 8. BUY Both Silver and CDE! Chartsmaster
At the end of last month I updated my previous assertion that silver (and gold & the mining stocks) had 3 weeks or 3 months left before the upside breakout. We are very close. Like the proverbial "beachball" held under water, Eventually Your Arms Get Tired! Silver, in particular has been held down in a tighter & tighter pattern. It is ready to explode and it...
Take positions in Silver, and the following silver miners:CDE,MAG,HL,FSM,GPL &DNCVF and take the afternoon off. Nothing much will happen as today ends the month and the golds and silvers are just marking time. Hopefully, tomorrow, June1st, brings the beginning of the Greatest bull market in financial history!
Back in early March I posted that the upside breakout in gold & silver, and especially CDE would occur in three weeks OR three months.(see below) I thought and hoped it would be the former. It wasn't. It now appears to be imminent. I still believe the WORSE case scenario is by the end of June.(ie the 3 months) I don't think it will accomodate those who wait until...
I love CDE and it seems like every Monday it has a pullback that offers great low risk entry points. BUY now but don't trade out because I still believe it will see 15 by July 4th. BUY Chartsmaster
Barrick announced a 20% stake in Midas Gold. Don't be surprised if Newmont does something with CDE? Buy. Chartsmaster
If you put on the recommended straddle early today, great. If you only bought calls, Don't forget the puts! Even though it is likely ROKU will have a positive report and work it's way up to the gap @50, it is also quite possible that something in the report or future guidance causes it to fall sharply, possibly even to 20 (unlikely but possible). This is a very...
Here is a short term, specific, Straddle trade for ROKU. Today, before the after session earnings release, traders should buy both the 35 calls and the 30 puts. I expect a big move. Either, the stock rallies to fill the gap at 50 OR falls to fill the gap at 20. Even if it doesn't make it to either gap, the move should be large enough to profit. Chartsmaster