chartsmaster

chartsmaster

Yesterday, I recommended buying CDE. If you did so you are already ahead almost 5%. The breakout in Silver, Gold and the mining stocks is imminent. It may be suppressed until next week because the quarter ends Friday. Institutional investors will be hesitant to put these stocks into their portfolios before next week. They were pummeled in this 3rd quarter. That...

chartsmaster

Yesterday, I took a quick look at the chart of TLRY and remembered how it resembled the parabolic blow off that occurred in Bitcoin.(Bitcoin's pattern developed over months and years, not days) Despite the much shorter time frame, it is very similar. I said to myself yesterday, if TLRY could ever get to the 150-170 area it not only was a sale but a SHORT SALE as...

chartsmaster

Boy, I didn't see this coming when I reiterated my Buy recommendation last month based on the chart!(see below) It just goes to show you that the chart tells you what is going on by those that "know" even if the news or fundamentals haven't yet been revealed. I believe in this company's technology and ability to come up with commercial products from those...

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The Summer Smash of the precious metals and mining stocks was extremely painful. However, it has created an even greater opportunity for much larger returns. The take down in silver led to CDE dropping for 22 trading days before it bounced with some intraday lower lows. That bottom is now complete, with tomorrow marking another 22 trading days since. I expect an...

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This is probably the last great entry point for IBM. At 150 you still get 4+% yield and with only about 3 points of downside to 30 points to my first major upside target, a great total return opportunity. The stock could trade up as high as 160 before the Oct. 17th earnings release. Once that comes out I expect a run to at least 170. By then it will be clear to...

chartsmaster

The first and most important step in preparing for what is to come in financial markets is to get physical precious metals. Some gold, lots of silver(both in your actual posession) and a very large position in CEF. The Sprott Physical Gold & Silver Trust is the best way to put large amounts of fiat dollars to work in the form of actual gold & silver bullion. At...

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The twitter data and sales data are being reported as positive since the release of the controversial add campaign. I don't care about the data except that it could cause an early pop to 81.5 to 82 in the stock Monday morning. Use any such early strength to sell and short or buy puts. The chart says the stock has topped and is ready to head lower. "Just Sell It". ...

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We got the pullback to support I was looking for. Buy aggressively here. You want to be in before tonites earnings release. Chartsmaster

chartsmaster

On August 6th I recommended CLDR around 13.50. It was at a low risk entry point and although I stated that the catalyst for any large move higher would be the 9/5 earnings release(today after the close) there was "no reason to wait". The stock has moved higher. It is overbought but since this is still a great entry point for long term investors, buy, if you didn't...

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In a number of past posts I have referred to RGLD as "the accurate canary" because it leads almost every move in gold and the mining stocks. It has been tracing out a bottom, but yet to breakout and give the all clear signal that we are off to the races. Now that it has just filled the gap from last Friday mornings upward spike, I am going out on a limb and...

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A review of the charts of all the mining stocks I follow indicates that the clear leader is PVG. It is not necessarily the best or the one I expect to make the biggest gains. It is however the best chart over the last six months having bottomed in March and working higher since. It has explosive moves that last one or two days and then sharp pullbacks which make...

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It is not surprising, that after building a two week base and rallying, that the mining stocks would have a minor pullback. Especially, when most of them created gaps when they broke out to the upside last week. NEM is pulling back to my often recommended buy zone around 32. I believe that it could fill the small gap around 31.75. It is a long term BUY. Chartsmaster

chartsmaster

On August 13th I posted that I had obviously been wrong(early) on CDE and gold & silver and wouldn't make anymore precious metals related buy recommendations until the charts showed a definite bottom. That time is here. After a week of sideways action I patiently waited for either a breakout or fakeout, we got BOTH! Yesterday we saw a fake breakdown with CDE and a...

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On August 1st I recommended two large cap tech stocks as a low risk alternative to the over valued high flying FAANGS. IBM's chart says that if it can fill the small gap @ 144 today, it is a great place to add to or get in if you didn't buy yet. I also have been waiting for a pullback to add to HPE since it has been strong from the time of the buy recommendation....

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My mistake has been being bullish on CDE, NEM and a number of other mining stocks because for months, they have shown relative strength and held up while gold and silver continued to sink. I felt that was signaling a coming bottom in the metals. It did and it does but I should have waited. I am staying long but I will wait for clear evidence in all the charts,...

chartsmaster

Those who follow & or worry about the precious metals and mining stocks can relax in the comfort of a three year chart of Newmont Mining.(NEM) While sentiment is abysmal, and gold and silver seemingly can't find a bottom, a look at the chart of NEM shows absolute beauty! Anyone that has followed my posts over the two plus years that I have been on Tradingview,...

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I have recommended XON a number of times. Last year near the double bottom at 11 and again more recently. As I have stated before, this is a ten year long term investment. Right now is a good time to add to long positions, get in if you failed to do so at the bottom and or enter for a trade to 20+. The earnings are released tomorrow after the close. Buy today or...

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I have been way too early (wrong) on my Buy recommendations for CDE. It Is STILL my favorite stock for long term returns. Just before the 2016 run it made a new low below 2 and proceeded to go up 8 times over the next 29 weeks! I am not saying it will have the same speed, but I do expect similar returns over a longer time horizon.(2-3 years) BUY. Chartsmaster