Catalyst Check: Natural Resources Watchlist at Three Months

The Gold Report: Joe, some of your picks from the Natural Resources Watch list have performed quite well. Do you want to give us some updates?

Joe Mazumdar: Junior mining sector equities in the gold space, as proxied for by the Market Vectors Junior Gold Miners ETF (GDXJ:NYSE.MKT), have outperformed gold since the June Cambridge House conference. The inter-period high for gold was $1,3351,340/ounce ($1,3351.340/oz), about a 7% return. Gold is down about 3% since the conference, on the back of a strong U.S. dollar.

The benchmark Market Vectors Junior Gold Miners ETF experienced an inter-period high of about $45/share, generating a 30%+ return since the conference. But it is currently flat again. On both metrics, the ETF has outperformed the gold price. Our selections averaged an inter-period high of 50%, which included under-performers (+1826%) and some significant outperformers (+70115%). Currently, the average return for our selection since the conference is a more modest 1415%. [NOTE: Figures cited were current 9/30/14.]

TGR: During that panel discussion, you called explorers a lottery ticket and Cayden Resources Inc. (CYD:TSX.V; CDKNF:OTCQX) was a lottery ticket that paid off. What was your other "lottery ticket" pick? Continue reading "Catalyst Check: Natural Resources Watchlist at Three Months"

How To Trade Like A Billionaire

Wouldn't it be nice if you could look over the shoulder of a billionaire to see exactly what they are doing to make the kind of profits they make?

Well, now you can.

It’s no secret we've had some fantastic moves in 2014. The question is, are they going to continue? The short answer is, some will and some won't. Today I want to share with how five well-known billionaires traded in one particular stock. I am going to put our Trade Triangles to the ultimate test to see how they performed against these billionaire traders.

The five billionaires are Jorge Lemann, Leon Cooperman, Ray Dalio, Daniel Loeb and David Einhorn. We know, thanks to SEC filings, that these five super traders hold positions in the stock of Andarko Petroleum Corp. (NYSE:APC).

I am going to show you about where they entered the market and their average price. I'm also going to show you where our Trade Triangles entered and exited the market. I believe the trend has changed for APC and while these billionaires are holding on, MarketClub's Trade Triangles are signaling a sidelines position.

Based on what we are seeing it is going to be an interesting fourth quarter.

This is where our five Billionaires are positioned right now: Continue reading "How To Trade Like A Billionaire"

The Bottom May Be Falling Out -- Here's What To Do

By: David Sterman of Street Authority

Just a few months ago, all was quiet on the investing front, as most market indices continually broke new all-time highs. But in early August, the quiet was broken by a sudden surge by the dollar against the euro, the yen, Australian dollar and other currencies. At the time, the rallying dollar was merely seen as the beneficiary of a relatively robust U.S. economic growth rate in 2015, at least compared to Europe and Japan.

In hindsight, the currency shifts now appear to be the result of something more concerning: European economic activity has slowed to a crawl, the Chinese government is leaning towards a policy of reform over stimulus -- compounded by brewing political troubles in Hong Kong -- and U.S. investors are finally waking up to the reality that global economic growth will likely be subpar in 2015.

That dim view may also explain why West Texas Intermediate Crude Oil has now slipped below $90 a barrel for the first time in 17 months. Then again, oil prices may be slumping because the dollar is rallying, which always hurts the price of commodities such as oil. Or perhaps it's the fact that too much oil is being produced at a time when global demand is slackening.

In other words, there are now a number of moving parts in play, and the factors behind these recent shifts are likely to persist. How you position your portfolio for the changing market can spell the difference between capital preservation and capital erosion. Continue reading "The Bottom May Be Falling Out -- Here's What To Do"

Don't Get Ruined by These 10 Popular Investment Myths (Part II)

Interest rates, oil prices, earnings, GDP, wars, terrorist attacks, inflation, monetary policy, etc. -- NONE have a reliable effect on the stock market

By: Elliott Wave International

You may remember that during the 2008-2009 financial crisis, many called into question traditional economic models. Why did the traditional financial models fail?

And more importantly, will they warn us of a new approaching doomsday, should there be one?

That's a crucial question to your financial well-being. This series gives you a well-researched answer.

Here is Part II; come back soon for Part III. Continue reading "Don't Get Ruined by These 10 Popular Investment Myths (Part II)"

Weekly Futures Recap With Mike Seery

We've asked Michael Seery of SEERYFUTURES.COM to give our INO readers a weekly recap of the Futures market. He has been Senior Analyst for close to 15 years and has extensive knowledge of all of the commodity and option markets.

Michael frequently appears on multiple business networks including Bloomberg news, Fox Business, CNBC Worldwide, CNN Business, and Bloomberg TV. He is also a guest on First Business, which is a national and internationally syndicated business show.

Silver Futures

Silver futures in the December contract settled last Friday at 17.53 currently trading at 16.75 down about $.30 in New York this Friday afternoon as the U.S dollar is up over 100 points this afternoon sending the precious metals sharply lower as silver has hit a 5 year low and if you took my original recommendation selling at the 4 week low of 20.44 continue to place your stop at the 10 day high which stands at 18.00 as the chart structure will improve on a daily basis. I remain very pessimistic silver prices and I do think that prices will continue their downtrend as the U.S dollar is very strong to the upside and I do not believe that trend is going to reverse so continue to sell rallies in this market placing the proper stop loss as the commodity markets in general over the last several months have been very pessimistic and I don’t think the bottom has occurred. Silver futures are trading far below their 20 & 100 day moving average continuing to grind lower as deflation in Europe and around the world is a real concern and that is also helping put pressure on prices here in the short term as nobody wants to step in front of a falling knife and that’s what’s occurring at this time as platinum prices are down another $45 this afternoon. I’ve been trading commodities for over 20 years and the one lesson I try to harp on is the fact that you must be a trend follower & the trend is to the downside because it’s easier to trade with the path of least resistance rather than trying to pick a top or bottom.
TREND: LOWER
CHART STRUCTURE: IMPROVING
Continue reading "Weekly Futures Recap With Mike Seery"