Buy oil using the USO ETF
February 11, 2011USO,oilThe Insider Report
I think the pullback on the events today “peaceful revolution” are actually bullish for oil. Who is next is the question. If the fervor for democracy continues, could Saudi Arabia be next?
RSI Divergence flashing warning on Market
February 6, 2011rsi divergence,market crashThe Insider Report
I’m pretty convinced now that the relentless march upward of the markets is coming to a bump. No way of telling what sets it off but this significant divergence is revealing waning buying……
One piece of news trumps charts
February 4, 2011technical analysisThe Insider Report
Some chartists believe that all known events are already reflected in the price patterns in the chart. They spend a lot of time trying to divine MA crossovers, MACD, Stochastics, Resistance…
The US Dollar looks like its bottoming out
February 4, 2011The Insider Report
Dollar looks like its finding a bottom You can always find some fundamental reasons for diverging opinions, but I look at charts for the objective one. In this case despite the pessimism of the…
The technical edge - Gold is making a turn, the counter trend
February 1, 2011goldThe Insider Report
Gold is in a downtrend. If you look at the chart you will see the double top with multiple red divergence paints showing before it rolled over. Now it’s flashing divergence in the trend and set…
SODA what a pop!
February 1, 2011peter lynchThe Insider Report
This is a repeat of a prior post. I only wish I had listened to my own advice as we made so much money on this trade we didn’t keep enough of a tail. We have a small but exciting position in an…
I still think gold goes higher here back to test it’s 50 day mark around 1378
February 1, 2011gold,GLD,minersThe Insider Report
We don’t have many friends in the Mideast. If Egypt is the strongest ally we have in the Arab world, it’s hard to believe that we can’t improve our position here. It’s either Woodstock or……
Extremely bad close today-BUY GOLD AND OIL HEDGE HEDGE
January 28, 2011The Insider Report
We are now heavy into gold stocks, ETF, and USO. The situation in Egypt going into a long weekend and the end of the month will make hedge funds nervous. Expect a very weak close. Hedge as much as…
Buy these two gold miners for a quick trade NEM ABX
January 26, 2011gold,miners,GLD,gbxThe Insider Report
The Fed decision today to leave rates unchanged should provide some near term impetus for gold to trade higher. These two prominent gold miners, NEM and ABX seem technically poised for a bounce.
Things look dicey
January 20, 2011market crashThe Insider Report
We have a very high cash position right now, almost 50%. Half of the securities we own are municipal bonds we blogged about earlier. The rest is in Intel, AMSC, ARTC, and a new position, SHLM. We…