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REMX Bearish Rising Wedge Pattern

Along with most other industrial metals & the basic materials sector, REMX (Rare Earths ETF) appears headed lower in the coming weeks. Unofficial trade idea at this time as although XLB (Basic Materials ETF) did break down today below the bearish rising wedge pattern that was highlighted in recent videos, it is currently trading just above the 46.10ish support level. Ideally, I'd like to see XLB trade below 46.00 with REMX breaking down below this bearish rising wedge pattern before shorting REMX. REMX daily May 3rd

2017-03-08T21:19:50+00:00May 3, 2016 12:20pm|Categories: Equity Market Analysis, Unofficial Short Ideas|Tags: |Comments Off on REMX Bearish Rising Wedge Pattern

Long Trade Ideas Category Updated

The Long Trade Ideas on the site, including all sub-categories (Long Setups, Active Trades, Long-term Trades and Growth & Income Trades) have been updated. The following Long Trade ideas (i.e.- typical swing trades) have either exceeded their suggested stop (or any reasonable stop, if none suggested) or simply no longer look compelling from a R/R perspective. MM, ZINC, AVL, AXU, JO, EC, GDXJ, GDX*, GLD*, SLV*, SGG & REMX *GLD, SLV & GDX were removed from the Active Trades category as their previous price targets were hit. They remain as Active Long-term Trades at this time with updates to follow soon. [...]

2015-07-07T15:08:10+00:00Jul 7, 2015 3:06pm|Categories: Completed Trades - Long|Tags: , , , , , , , , , , |Comments Off on Long Trade Ideas Category Updated

REMX T1 Hit, Rare Earths Still Bullish

REMX daily March 8th The REMX (Rare Earths Strategic Metals ETF) hit the first price target (T1) for a 5.3% gain since the Feb 17th entry. The Rare Earth stocks still look poised for significant gains in the coming months and many of the individual names that were covered in the Feb 19th Rare Earth Metal Stocks Bullish Outlook video have once again started to exhibit bullish price action recently. T2 remains the primary downtrend line generated off the April 2011 highs with the current final target, T3, around the 34 level (exact suggest sell limit level to follow). [...]

2017-03-08T21:20:32+00:00Apr 8, 2015 4:58pm|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: |Comments Off on REMX T1 Hit, Rare Earths Still Bullish

REMX, TC & Rare Earth Metals Update

I wanted to update both the REMX (Rare Earth Metals ETF) and TC (Thompson Creek Metals Co.) rare earth stock trade ideas. Starting with the daily chart of TC below, I have added another swing target, T4 at 2.18, which is set just below the actual resistance level of 2.24. I have also added a suggested stop level of 1.31, which is set just below the bottom of the Feb 3rd gap which runs from 1.34 -1.37, as that gap is likely to contain any pullbacks should the stock continue to drift lower. TC daily March 5th Based on [...]

2017-03-08T21:20:36+00:00Mar 5, 2015 10:06am|Categories: Completed Trades - Long, Gold & Commodities|Tags: , |Comments Off on REMX, TC & Rare Earth Metals Update

Rare Earth Metal Stocks Bullish Outlook (video)

This video begins with an analysis of the STOXX Global Rare Earth index, followed by the charts of REMX (rare earth index etf) and my tops picks for the sector amongst the Rare Earth related companies that trade on the US exchanges. Many of those individual stocks look poised for potential returns that measure well into the triple-digits, although both the expected volatility and downside risk with the individual stocks is very high as well. While somewhat lengthy, this video discusses both the near-term & longer-term outlook for both the sector as well as the individual rare earth companies. Although I [...]

2017-03-08T21:20:37+00:00Feb 19, 2015 3:29pm|Categories: Gold & Commodities|Tags: , , , , , , , , |Comments Off on Rare Earth Metal Stocks Bullish Outlook (video)

REMX Swing Trade Idea + L/T Trade Idea

REMX daily Feb 17th REMX (Rare Earth Metals ETF) will be added as both an Active Long Trade (i.e.- typical swing trade) as well as a Long-Term Trade Idea. Coming into the year bullish on commodities, I've been closely following the Rare Earth stocks. The sector has just been completely & utterly annihilated since topping in early 2011 with an all-out crash in rare earth metal prices (and much greater losses in many of the rare earth producers). Recently, I've noticed some very impulsive buying coming into most of the individual rare earth producers that I follow. My rare [...]

2017-03-08T21:20:38+00:00Feb 17, 2015 10:09am|Categories: Completed Trades - Long, Gold & Commodities, Long-Term Trades- Completed|Tags: |Comments Off on REMX Swing Trade Idea + L/T Trade Idea

REMX (Rare Earth ETF) Long Trade Setup

REMX (Rare Earth Metals ETF) will trigger a long entry on a break above 37.80, which is the top of this potentially powerful basing pattern. Price targets are T1 at 46.55, T2 at 57.25 & T3 at 73.95 with a suggested stop on a close below 33.94 (the bottom of the base which is defined the trading range that REMX has been confined since mid-December).  Rare Earth stocks have been on a roller-coaster ride over the past five years, largely due to price manipulation from China (by far the largest producer of rare earth metals, producing a whopping 95% of the [...]

2014-09-22T13:29:05+00:00Aug 8, 2014 10:44am|Categories: Gold & Commodities|Tags: |Comments Off on REMX (Rare Earth ETF) Long Trade Setup