This is a stock that we did very well with when we traded it last year. Once again, AXAS is giving us a buy signal with a nice green candle on higher volume.
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Equity Oracle: 06/05/15
The iShares Gold Trust (IAU) is a great way to trade gold without having to spend a lot of money on the more expensive GLD. In fact, IAU trades at roughly 10% of the price of GLD and follows the technical signals just as well.
Equity Oracle: 05/29/15
This is a stock that we’ve traded many times in the past with great success. Like other stocks in the precious metals sector, Barrick Gold trades in line with the technical signals. In this chart you can see how the price is pivoting nicely after yesterday’s bullish engulfing pattern.
Equity Oracle: 05/21/15
One of the best ways to “short” the market is to buy into a bearish ETF. In this case, I’ve selected the Proshares Ultrapro Short Russell 2000 (SRTY). As you can see from the candle chart, the stock is showing higher lows, which is a sign that the buyers are getting more aggressive. The other […]
Equity Oracle: 05/13/15
First Majestic Silver Corp (AG) is a Canadian based mining company that is focused on silver production in Mexico. Fortunately for this company the price of silver rallied today, which means their profit margins will most likely widen due to the inventory of silver, they hold in supply. Historically this stock price of AJ lags […]
Equity Oracle: 05/08/15
Yes, as crazy as it sounds, the market rallied today after the employment numbers showed that there were a record number of Americans OUT of the workforce. It’s amazing how so many people are being fooled into thinking the stock market is a good long-term investment. That is the farthest thing from the truth… this […]