Mining For Gold - 1/13/2018

In this Trading The Price, we will review the precious metals/gold mining stocks, and analyze them for trade setup using technical analysis technique.

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Stock Market Update - 9/4/2017

In this stock market update, we will review the stock market indexes, and analyze stocks for trade setup using technical analysis technique.

Stock analyzed: AAPL, FB, NFLX, AMZN, GOOGL, SPY, QQQ, IWM, GLD, GDX, GDXJ, ABX

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Gold Next Price Target: $1400

Gold has broken out and closed above the 1300 level today. If the price of gold continue to move higher, then $1400 could be the nearest potential price target.

In this video, we will take a look at gold and it's EFT, GLD. In addition, we will also review the following gold related ETFs and stocks: GDX, GDXJ, NUGT, JNUG, ABX, AU, AUY, NEM.

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Stock Updates - 6/3/2015

In this video, we will review and update the charts I have posted yesterday. The stocks being covered in this video are: SPY, SLB, CLR, RIG, MA, GDXJ, CBG, C, LOCK, BABA and AAPL.

What’s Next For Gold?

Since the November 2014 low, gold has gained more than 15% before the recent pullback to the 1236 level. The November low was 1130.40 and the recent high was made on 1/22/2015 at 1307.80. Looking at the recent daily price chart, it shows the price has pullback and found support near the 38.2% Fibonacci retracement level at 1221. Presently, it appears to be consolidating within the Fibonacci retracement zone between the 38.2% and 61.8%. If the price moves above the 61.8% (1255.60), then a retest of the recent high at 1307.80 (100% Fibonacci retracement) is a possibility along with the 1346 level which represents the 127.2% Fibonacci extension. The Fibonacci 127.2% is also in confluent with the 7/10/2014 intraday high of 1346.80.

Some Notable Twitter Post -1/27/2015

In case you might have missed it, here are some of the post I've made on my twitter stream today that might be of some interest to you.

Gold Miners Trade Update - 1/12/2015

Here is the latest update for the trade setups posted on December 30, 2014.

Gold Miners Setup Update - 1/5/2015

Today, 3 of the 5 setups from our gold miners setup list posted on December 30, 2014 got triggered. In this video we will review the two ETF and a mining stock that have triggered. They are NUGT, GDXJ and AU.

Prepping For 2015

Happy New Year everyone! Hope everyone had a great 2014 and wish everyone a profitable 2015.

In this video, we will take a look at the market's recent price actions and what to monitor, then review some of the recent swing long setup for DDD and some of the gold miners, and finally review the following momo stocks: AAPL, BABA, NFLX, FB, TWTR, TSLA, AMZN, GOOGL. The mining stocks covered in this video are: NUGT, GDXJ, ABX, AU, AUY.

Live Video Update - 12/31/2014

Hope you had a great 2014. This is my last video for 2014. In this live video, I will review the recent swing long trade setups and a look at these MOMO stocks: AAPL, FB, NFLX, TSLA, AMZN & GOOL, along with TWTR, BABA, CYBR, NUGT, GDXJ, ABX, AU, AUY.

Happy New Year!

Gold Miners Trade Setup

Here are some potential swing long setups for some gold miners and a few of the miners' ETF. The red dash line is a reference level for establishing stop loss, the black dash line is the trigger level and the blue line is the initial potential target.

Another Golden Moment

The market finished with another positive week as the DJIA & SP500 continue to make new all time high, and the NASDAQ 100 printed another new multi-year high. The breadth of the market continues to show sign of weakness, and the DJT along with the Russell 2000 also starting to weaken. The bright spot of the week was gold. Last Friday, it was another golden moment for the precious metal.

Mirror Mirror On The Wall

Here is a look at some chart patterns in a slightly different perspective.

Consolidating Today's Charts - 8/15/2014

Here are the charts & tweets that were posted during today's trading session:

Golden Possibilities

Here are some swing long possibilities for the gold & gold miners ETF, GLD, DGDX, GDXJ.

No Surprises

The result from the vote in Crimea was to rejoin Russia. There was no major violence breakout in Ukraine and the US & EU sanction is not a backbreaker to Putin. Therefore, the market re-positions itself back to where it was prior to this Crimea uncertainty. The market still cannot find a reason to sell off other than headlines that cause these minor couple percentage dips.

Stocks Pulled Back

Last Thursday, many stocks that have run up show some sign of upside exhaustion. Therefore, today's pull back/consolidation on many of those stocks should not be unexpected or surprising. The market ended down modestly. Although there are stocks making extraordinary gains such as those in the fuel cell sector and the biotech sector, one should not get into an emotional chase mode after these price move. More importantly, don't be greedy if you caught one of those trades.

Setting Up

After a huge run up since last Monday sell off, the market appears to be setting up for another pull back to digest the recent gains. Lot of stocks were showing short term upside exhaustion on Thursday. The prudent thing to do is to set the stops to protect the profits and prevent turning a winning trade into a losing trade. The market has not indicated it has made a top yet. Therefore, one should not be tempted to short this market when the pull back materializes.

Too Much Too Fast

Today the market opened with some strength but unable to really build on that opening strength. Similarly with many stocks, lot of them pulled back from their high of the day (HOD) and many of them even went below their opening price. It appears the recent run up is too much and too fast, and that made it very tempting for those that bought it at lower prices to take profits.

Gold And 3D Printers - 2/23/2014

The precious metals have been rallying from their recent bottom, and they appear to be setting up for further upside. The 3D printer segment got hit fairly hard during the recent pull back and now it appears to be making a comeback.