Stocks

Gold stocks have had quite a spectacular run over the last 2 weeks. The XAU, for example, has appreciated by about 10% during this time. To many people, this rapid ascent came as a surprise. Two weeks ago, when silver declined about 60 cents in one day, there were many that thought lower prices were in the cards. I usually like to browse investing forums because I usually learn something when I do. One forum I visit often is the Kitco Gold Forum. Browsing this forum is a great way to... Read Full Story

I used to subscribe to a service that would mail me educational DVDs on trading and technical analysis, and, once I was finished watching them, I would mail them back, all for a monthly fee. Most of the DVDs I watched were not very good, but one DVD, by someone named Jake Bernstein, really caught my attention. Since then, I have watched about 6 DVDs from him. In the DVD I first watched, Jake Bernstein talked about stock market sentiment. He explained that his company would phone several... Read Full Story

So, it's been 30 days since I started my blog, and in that time I have posted 43 articles, under four different sections. For the 10 people who have visited my blog, I hope that you have enjoyed them. (I'm just joking, and I fully realize that the first month of starting a blog is always the most difficult. ) Anyway, in the last week, gold stocks have been doing better than I had even imagined. They have broken through all sorts of resistance, despite being uncomfortably overbought. I... Read Full Story

The chart below is of the XAU. The XAU is an index of gold stocks and trades in Philadelphia. Many gold analysts and traders look at the XAU, and make their trading decisions off of it, which is why it is important for us to look at it as well. Chances are that if you hold any gold stock, it will follow this index to at least some degree. No matter how strong the fundamentals are of any mining company, if this index goes down hard, your gold stock will too. In addition, I always prefer to... Read Full Story

Today I'm going to show a very long-term perspective of how gold stocks are doing. This will give you an idea of how healthy the gold bull market is, and perhaps give some insights into what is likely to occur in the future. I'm going to post a monthly chart of the XAU. The excellent website, StockCharts.com, allows users to graph charts on many different time frames, including 1 min, 5 min, 10 min, 15 min, 30 min, hourly, daily, weekly, and, finally, monthly. With so many time frames to... Read Full Story

Gold stocks have performed amazingly well over the past few weeks, and I'm glad to see that Gold Bugs are finally making some money. I have been trying to build a bullish argument for gold ever since I started my blog, and if you read my previous posts, I hope you will be able to see that. However, I am not always bullish on gold. There are times where I will build a bearish case for gold, and I will justify it to the best of my ability. Right now, though, is not one of those times. Far from... Read Full Story

MANY PEOPLE DREAM about beating the market through their stock investments. However, is this really worth the effort and is it really possible? Many have attempted to beat the Stock Market and only a few have managed. Some pundits have gone a step further to claim systems that guarantee this. Nevertheless, beating the market may not be the best goal that you can set for your stocks. The reason for this is that there are a number of other considerations that should be made. People are... Read Full Story