Right Side of the Chart

...because anything to the left is history
Mar 082013

CVU was a recently completed long trade that was good for a 13.3% gain when the first target was hit on Feb 1st.  The stock pretty much stopped cold at that resistance level where it consolidated before a big gap and crap move lower just [continue reading…]

 March 8, 2013 2:38 pm  Completed Trades - Long Tagged with:  Comments Off on CVU long setup
Mar 082013

NM has hit the first target of 4.30 for a 13.2% gain from entry.  Although I have my concerns about a pending pullback in the broad markets, this chart still looks constructive at this time.  Remember, I have been setting the prices targets below the [continue reading…]

 March 8, 2013 2:17 pm  Completed Trades - Long Tagged with:  Comments Off on NM long first target hit
Mar 082013

In the perpetual cycle of the masses buying toward market tops and capitulating toward market bottoms, I often think of the old Wall Street adage; “It’s always darkest before the dawn” which refers to the fact that market bottoms come when the news regarding the [continue reading…]

 March 8, 2013 1:23 pm  Equity Market Analysis Tagged with:  Comments Off on How the game is played.
Mar 082013

For those in either the MAKO or NM long trades, be aware that they are both rapidly approaching their first target levels with NM up about 11.6% & MAKO up about 12.7% from entry.  I am aware that I’ve been overly cautious on the long-side [continue reading…]

 March 8, 2013 11:47 am  Equity Market Analysis Tagged with:  Comments Off on Long trades approaching targets
Mar 082013

SSRI is a silver mining stock that, along with the previous posted gold stock setups, appears to be setting up in a bullish pattern on the 60 minute chart after making a very overextended plunge to key support on the weekly time frames.  The reason [continue reading…]

 March 8, 2013 10:47 am  Completed Trades - Long, Gold & Commodities Tagged with:  Comments Off on SSRI long setup