TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.com "The usual bull market successfully weathers a number of tests until it is considered invulnerable, whereupon it is ripe for a bust." George Soros, financier, philanthropist, political activist, author, philosopher, b. 1...Read More
HUI, the Gold Bugs Index, is close to triggering its first buy signal on the weekly chart in more than two years. The first proved to be a dud, and it sent this popular trading vehicle into a ratcheting downtrend that would have driven most bulls to the edge of despair. As a result, skepticism toward the current rally undoubtedly is high. But traders should be prepared for a pleasant surpr...Read More
The Fed didn't just fold on Wednesday, it crumpled, capitulated. A long time ago we had figured out that when push came to shove, this is what it would do. However, we thought that it would take a market crash to force it to change course, in order that it could use that as solid justification for a U-turn, instead of which it only took a crashlet, or the start of a crash.The Fed's "Prime Direct...Read More
By: Jordan Roy-Byrne CMT, MFTAFirst we need to define what a breakout actually is. Its when the price breaks a pattern or a range and a new trend is therefore established.Today, people are all too quick to refer to almost every move higher as a breakout. Just google "Gold Breakout" and you'll see what I mean.Sure, closing above $1300 was a breakout for Gold. But that's hardly significant. If and...Read More
TECHNICAL SCOOPCharts and commentary by David ChapmanChief Strategist, Enriched Investing Inc.Phone: 416-523-5454 Email: david@davidchapman.comdchapman@enrichedinvesting.com "The usual bull market successfully weathers a number of tests until it is considered invulnerable, whereupon it is ripe for a bust." George Soros, financier, philanthropist, political activist, author, philosopher, b. 1...Read More
HUI, the Gold Bugs Index, is close to triggering its first buy signal on the weekly chart in more than two years. The first proved to be a dud, and it sent this popular trading vehicle into a ratcheting downtrend that would have driven most bulls to the edge of despair. As a result, skepticism toward the current rally undoubtedly is high. But traders should be prepared for a pleasant surpr...Read More
The Fed didn't just fold on Wednesday, it crumpled, capitulated. A long time ago we had figured out that when push came to shove, this is what it would do. However, we thought that it would take a market crash to force it to change course, in order that it could use that as solid justification for a U-turn, instead of which it only took a crashlet, or the start of a crash.The Fed's "Prime Direct...Read More
By: Jordan Roy-Byrne CMT, MFTAFirst we need to define what a breakout actually is. Its when the price breaks a pattern or a range and a new trend is therefore established.Today, people are all too quick to refer to almost every move higher as a breakout. Just google "Gold Breakout" and you'll see what I mean.Sure, closing above $1300 was a breakout for Gold. But that's hardly significant. If and...Read More
"FSD Pharma (@FsdPharma) (#CSE: $HUGE | #OTCQB: $FSDDF) Congratulates High Tide for Signing LOI with License Holder to Operate #Cannabis Retail Store [https://t.co/13BlfMlKBT]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily"Read full newsRead More
Like Peter Lynch once said, consumers should stick to investing in what they know.Read full newsRead More
Pancontinental Resources Corporation (TSXV:PUC) has released its monthly battery metals report, which updates its shareholders on the company's activities each month as well as trends in the battery sector.Read full newsRead More
"Asterion (@AsterionCann) Signs Deal for Acquisition and Preparation for Use of up to 90 Hectares for Queensland Production Facility [https://t.co/nWDupQdHeC]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity"Read full newsRead More
According to an article by Caesar's Report, Comstock Metals Ltd.'s (TSXV:CSL) December 2018 drill program at their Preview SW gold project in Saskatchewan returned some promising results.Read full newsRead More
Renforth Resources (CSE:RFR) (Read full newsRead More
The combination of reversals that we are approaching is truly exceptional. Four different markets, many different lines and they all point to the same time-frame in which we should see a reversal of a huge importance. It seems that the markets almost can’t wait. Are these already the first baby steps of the huge move that is to follow, or will we see one additional tricky move before THE rev...Read More
The major indexes recovered from a shaky start to close higherThe Dow overcame a slow start to notch a triple-digit win, thanks in part to an afternoon rally out of the tech sector. This resulted in similar strength from the S&P 500 and Nasdaq, as Wall Street prepared for Alphabet's (GOOGL) post-close quarterly report. However, these gains came amid a relatively low-volume session -- not surprisin...Read More
"South Star Mining (@southstarmining) (#TSXV: $STS | #OTCQB: $STSBF) Strategic Private Placement to Advance Santa Cruz #Graphite Project [https://t.co/pCxGn4nTkm]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #batterymetals"Read full newsRead More
Blackrock Gold Corp. (TSXV:BRC, OTC:BKRRF, FRANKFURT:AHZ) (theRead full newsRead More
Urban Outfitters stock just ran into a historically bearish trendlineThe shares of Urban Outfitters, Inc. (NASDAQ:URBN) have been trading in a channel of lower highs and lows since their August peak of $52.50, recently hitting an annual low of $31.15 on Friday, Feb. 1. Today, the retail stock is trading slightly higher, up 0.9% at $31.53, but just flashed a historically bearish signal, suggesting...Read More
Newmont Mining Corporation (NYSE: NEM) (Newmont or the Company) today announced that Rob Atkinson will succeed Tom Palmer as Executive Vice President and Chief Operating Officer, effective June 1, 2019. Tom Palmer, currently President and Chief Operating Officer, will remain President until he succeeds Gary Goldberg to become President and Chief Executive Officer. Last month, Newmont announced tha...Read More