Silver Update: Killing It Softly

Posted on by Aibek Burabayev

Aibek Burabayev - INO.com Contributor - Metals


Experiment Results

It's time to check the results of my silver analysis. Back in November, I wrote an update on silver, in the first part of which I made an error analysis session of an earlier post and in the second part I added an experimental clone chart. There were two calculated targets: a price target and the time target.

In December, I was out of patience and was going to write a post once silver hit the price target. But it was crucial to wait until the time came to check both results on the date outlined in my earlier post. Below I've included the experimental clone model chart from my earlier post and added fresh comments highlighted in red to show the results and changes for your convenience.

Chart 1 Silver Weekly: Amazing Math

Silver Weekly Chart
Chart courtesy of tradingview.com

What do we see? Let’s start from the pleasant result. Yes, the price target was hit accurately almost cent to the cent: The $13.65 projected target versus the actual low of $13.63 in December. I was really surprised by this outcome as it strengthens my confidence in the world of numbers. By the way, the AB/CD concept target ($13.7) from my September post has also been hit. Continue reading "Silver Update: Killing It Softly" →

One Day Does Not Make A Trend

Posted on by The INO.com Team

It's hard to believe that we just have one more trading day in January, which has been an extraordinarily volatile month and one that will certainly go down in the history books.

Many of the well-known large stocks are now in downtrends and are not likely to have major turnarounds anytime soon. One has to remember that the stock market looks six months ahead. While many of the companies are perhaps enjoying some good earnings, this may be the last good earnings season we see for some time to come.

On a brighter note, my trade in Apple Inc. (NASDAQ:AAPL) turned out well and it would now look as though Apple is going to be on the defensive for several months. I can see this stock continuing to erode down to perhaps the $80 level.

Let's look at some other well-known stocks that are all in major downtrends at the moment. Continue reading "One Day Does Not Make A Trend" →

The Official 2015 Trading Results For MarketClub's Model Portfolios

Posted on by The INO.com Team

2015 was a difficult year for investors and professional hedge fund managers alike. Last December’s -0.77% aggregate hedge fund industry return pushed the annual aggregate returns further negative, ending at -2.01% for the year.

Despite overall hedge fund returns being negative for 2015, the distribution of returns across the funds was nearly even in terms of positive vs. negative annual performance (49% positive, 51% negative). The positive average return was 8.12% and the average negative return was -9.87%.

One of the major challenges in 2015 was that markets went nowhere and created lots of false and deceptive trends. Prior to 2015, the markets had seen strong trends almost every year. I believe that 2015 was a transition year and marked the end of the six-year bull cycle.

So how did the model portfolios fare? Continue reading "The Official 2015 Trading Results For MarketClub's Model Portfolios" →

Which Energy Companies Are Being Added to US Global Funds in Anticipation of an Oil Rebalance?

Posted on by admin

There are still winners in the energy space, but you have to move quickly. In advance of the rebalance U.S. Global Investors CEO Frank Holmes is expecting toward the end of 2016, he and analyst Samuel Pelaez point to the sectors taking advantage of opportunities, including refiners, midstream MLPs, low-cost producers, airlines and chemical companies. In this interview with The Energy Report, they name their favorites and outline the fundamentals that will make 2016 look a lot different than the year that just ended.

The Energy Report: In a recent Frank Talk, you quoted BCA Research with a prediction that oil markets will rebalance in 2016. What is that based on? Continue reading "Which Energy Companies Are Being Added to US Global Funds in Anticipation of an Oil Rebalance?" →

Apple Skids And Amazon Reports Tomorrow, What's Your Strategy?

Posted on by The INO.com Team

In yesterday's post on Apple, Inc. (NASDAQ:AAPL) I told you exactly what I was going to do based on the earnings pattern I have seen historically for the stock of Apple.

From yesterday's report:

So here's what is needed to make a trade in Apple before today's earnings report is released. The position is taken the day Apple releases its earnings report.

(1) Both the weekly and monthly Trade Triangles are in sync.

(2) Take a position on the close in the direction the Trade Triangles are indicating.

(3) Exit the position the following day on the close.

Based on this strategy, you should have shorted Apple on the close yesterday at $99.99 and you would cover this position on the close today win, lose or draw.

After the close, Apple did announce its earnings which turned out to be disappointing, pushing the stock of Apple down in the aftermarket.

Tomorrow (Thursday), Amazon.com Inc. (NASDAQ:AMZN) reports earnings after the close. I have included a spreadsheet of how Amazon has performed using MarketClub's Trade Triangles in the last 12 quarters. Continue reading "Apple Skids And Amazon Reports Tomorrow, What's Your Strategy?" →