The Market Guys

We will not be getting into this position until we see a green candle. The green candle will be a signal that buyers are entering into a long position therefore forming a pivot point to the upside. Remember, you want to put your money where the money is going, which means we will be buying […]

We are not getting into this position in an attempt to swing trade it. This is an accumulation strategy with a goal of “scaling” into SLV a little at a time. If you take a small portion of your buying power and buy it at 14.48 and then it drops…you can take a little bit […]

I’ve also attached a PDF file that outlines the details behind this position along with the instructions for how to manage risk on this trade. Please be sure to review all of the material before entering any trades to your account next week. Please be sure to follow my trade instructions to the letter. I […]

Barrick Gold is currently trading on a 3-year low while the price of Gold (spot gold) is trading at production cost. Not only are the technical signals supporting our buy idea but the fundamentals are also matching up perfectly with the charts.

Synta Pharmaceutical Corp (SNTA) is a stock that we’ve been trading for a few years now and each time we traded it, we made money. Of course I would like to keep that track record going but like any stock, it’s important that we focus our attention on managing risk first. There are several bullish […]

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.

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.

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.

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 […]

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 […]