Gold Stocks Are About to Create a Whole New Class of Millionaires

By Jeff Clark, Senior Precious Metals Analyst

Bear markets always end. Has this one?

Evidence is mounting that the bottom for gold may be in. While there's still risk, there's a new air of bullishness in the industry, something we haven't seen in over two years.

An ever-growing number of industry insiders and investment analysts believe the downturn has come to a close. If that's true, it has immediate and critical implications for investors.

Doug Casey told me last week: "In my lifetime, the best time to have bought gold was 1971, at $35; it ran to over $800 by 1980. In 2001, gold was $250: in real terms even cheaper than in 1971. It ran to over $1,900 in 2011.

"It's now at $1,250. Not as cheap, in real terms, as in 1971 or 2001, but the world's financial and economic state is far more shaky.

"Gold is, once again, not just a prudent holding, but an excellent, high-potential, low-risk speculation. And gold stocks are about to create a whole new class of millionaires." Continue reading "Gold Stocks Are About to Create a Whole New Class of Millionaires"

In-Depth Analysis: Halliburton Company (NYSE:HAL)

Today, I am going to be analyzing the stock of Halliburton Company (NYSE:HAL). On January 27th, a new red monthly Trade Triangle appeared, the first in 12 months for the stock. This indicates a significant technical development and changes the outlook and direction of Halliburton.

Today's in-depth analysis is not to say the stock is going to collapse and go out of business, but rather I am noting a confluence of certain technical indicators that do not paint a positive picture for this stock.

There is an old adage in trading and it says "they slide faster than they glide." Translated that means stocks go down a lot faster than they go up.

What Does This Company Do?

Halliburton Company provides a range of services and products for the exploration, development, and production of oil and natural gas to oil and gas companies worldwide.

Chart Legend & Technical Picture (Black Numbers)

Continue reading "In-Depth Analysis: Halliburton Company (NYSE:HAL)"

My 10 Golden Rules of Trading

Even though 2014 has just begun, so far it has been difficult and frustrating for most investors and traders. One only has to look Apple's (NASDAQ:AAPL) recent performance as a prime example of how 2014 is going to be a very different year from 2013.

Today, I want to share with my "10 Golden Rules of Trading" that never go out of style. Why? These rules are the universal truths of the marketplace. To ignore them you could be condemning your portfolio to failure.

While I did not invent all of these rules myself, I did discover them the hard way. My discovery was painful, expensive, and brutal as I made practically every mistake in the book, before finding success in the markets.

Incorporating these "10 Golden Rules of Trading" into your own strategy can help you down the path to success in the markets.

1) Have a Game Plan - Figure out why you’re getting into the market and, more importantly, how to get out if you’re wrong. Continue reading "My 10 Golden Rules of Trading"

Apple Inc. (NASDAQ:AAPL) Reports Earnings After The Bell

Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Monday, the 27th of January.

I am going to be looking at the stock of Apple Inc. (NASDAQ:AAPL), who reports earnings after the bell today. The psychological stakes could not be any higher for Apple, which in many ways, still mourns the loss of Steve Jobs' visionary qualities. The big question on investors' minds these days, is Apple still a momentum stock or has it become a dividend paying stock?

This is a big challenge for Apple because one of its core markets is young people and one thing Apple cannot afford to do is lose its cool factor with this audience. It may have already lost its cool factor with the younger generation, as Android is certainly showing up more and more in the hands and minds of teenagers. Continue reading "Apple Inc. (NASDAQ:AAPL) Reports Earnings After The Bell"

Chart to Watch - S&P 500 Futures

We've asked our friend Jim Robinson of profittrading.com to provide his expert analysis of charts to our readers. Each week he'll be analyzing a different chart using the Trade Triangles and his experience.

Today he is going to take a look at the technical picture of the S&P 500 Futures Contract (CME:SP.H14.E).

This week let's take a look at the S&P 500 futures contract.

When trading futures with the Trade Triangles you use the weekly Trade Triangles to tell trend and the daily Trade Triangles to time the entry and exits.

The weekly Trade Triangle turned red Trade on 1/13/14 and a red daily Trade Triangle on 1/21/14 which would have put any one trading the E-mini S&P 500 with the MarketClub system short just before Friday's 1/24/14 big down day and break of support. Continue reading "Chart to Watch - S&P 500 Futures"