Chart to Watch - VRX

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 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 Valeant Pharmaceuticals International, Inc. (VRX).

I hope you are having a GREAT week !

VRX is on a monthly green MarketClub Trade Triangle and has been an extremely strong stock which suggests there is a good chance this stock will continue higher in the long run.

No matter how strong a stock is there will always be counter trend corrections along the way to higher prices and VRX has started a counter trend correction as shown by the weekly red MarketClub Trade Triangle. Continue reading "Chart to Watch - VRX"

Embrace Silver's Volatility All the Way to the Bank

Most precious-metals investors know that silver is more volatile than gold. But do they know just how big that difference really is?

We thought it would be interesting to measure how much greater silver's daily moves are – both in gains and declines – than gold.

We documented the daily price movements for both metals, and then calculated the difference using absolute values. To interpret the charts below, you need to know that: Continue reading "Embrace Silver's Volatility All the Way to the Bank"

Forget Apple, This Rival Is a Much Better Bargain

When assessing any stock, you need to weigh the risk against reward. Yet for Apple's (Nasdaq: AAPL) shareholders, it's a challenging task. To be sure, it's really hard to see how much risk there is when Apple's net cash balance stands at $137 billion -- and is on its way to $200 billion in a few years. Management has started dropping hints that shareholder-friendly moves are coming, which usually means stock buybacks or big dividend boosts.

Still, even as Apple carries relatively minor risk, it's not clear what kind of upside investors should expect either. As I noted a couple days ago, competition is gaining on Apple, which could lead to market share erosion and falling margins as price cuts ensue. Continue reading "Forget Apple, This Rival Is a Much Better Bargain"

Gold Chart of The Week

Each Week Longleaftrading.com will be providing us a chart of the week as analyzed by a member of their team. We hope that you enjoy and learn from this new feature.

Weekly Gold Report (February 18th through February 22nd)

Last week definitely had a “hurry up and wait” sort of feel to it. With China on a week-long break for the Lunar New Year Holiday, there was potential for light volume action across the board. And despite the fact that it has been a long time since a G20 Summit has caused any waves, traders were holding their breath and waiting on news that might have a significant impact on Currencies. The market sprinkled in a few reports in the US and in Europe, but nothing really stuck for a directional move. Continue reading "Gold Chart of The Week"

David Baker's Three Must-Haves for the New Generation of Gold Companies: Accountability, Accountability and Accountability

The Gold Report: The major gold producers have ceded market share to gold exchange-traded funds and royalty companies and are vastly underperforming those investment vehicles. If you were running a major gold producer, how would you go about restoring the appeal of your company's shares?

David Baker: Mining companies need to restore trust and give more clarity. They are confusing investors because on the one hand they tell us they have so many ounces of gold in reserves and are producing so many ounces of gold, and then they confuse us by benchmarking all this to dollarsa depreciating asset. We believe the mining companies should be consistent and report in gold; this would then give investors a clearer picture on how much gold it is costing to mine the resource and how many ounces of gold are added to the shareholder vault. Continue reading "David Baker's Three Must-Haves for the New Generation of Gold Companies: Accountability, Accountability and Accountability"