Author Archives: Gold And Oil Guy

There is a Method to My Madness

I am even hearing that fundamental managers who normally shun charts and technical analysis as a pagan religion are starting to track such alien indicators as Bollinger bands, relative strength indicators, and stochastics. The 200 day average presents such formidable … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , , , , , , | Leave a comment

Is December Starting to Look Similar to 2007 & 2008 for Gold, Oil & Stocks PART TWO

My followers and I closed out our last short trade that took 13 days to fully mature generating a total move of 13% in our favor and if we did not exit our position Friday morning when we had the … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , , , , , , , , , , , | Leave a comment

What is Gold and The Transports Telling Us Now?

At this time, gold and the major stock market indexes are synonymous. When gold rallies higher the major stock market indexes seem to rally higher as well. Gold is signaling to investors that inflation is being created by the central … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , , , , , , | Leave a comment

Up, Up and Away? Maybe Not

The SPX closed on Friday at 1158.67, and is currently trading as I type at 1190.13, a gain of 2.7%. It’s psychologically pretty tough to reach for buys after a rapid rise of this sort, but of course if another 5% is … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , | Leave a comment

Watch Out for the Bear Trap!

Never mind that the IMF immediately denied any such moves from multiple offices around the world. The tipoff that something big was coming was the strong performance during Friday’s stock market opening, ostensibly off the back of healthy “Black Friday” … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , , , | Leave a comment

Options Trading Signals – Late Afternoon Post

I know I have been unusually quiet today, but there has been little to discuss. The price action today is very strong, and I certainly would advise against shorting into this move higher. Volume remains a bit light, but we are coming … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , , , , , , , , , | Leave a comment

Black Friday or Black Hole

In the United States the media will be following retail sales very closely today. This is black Friday which is the busiest shopping day of the entire year. The term black Friday comes as many retailers will finally turn a … Continue reading

Posted in Hot Stocks to Watch | Tagged , , , , , , | Leave a comment