Chart to Watch - Live Cattle

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 the August Live Cattle. (CME_LE.Q13.E).

I hope you are having a GREAT week !!!

Live Cattle looks to be headed higher, so let's take a look at the August Live Cattle chart this week.

When trading futures we use the weekly MarketClub Trade Triangle to tell us the trend, and the daily MarketClub Trade Triangle for timing the entries and exits. Continue reading "Chart to Watch - Live Cattle"

C is for Cash and Catalysts in a Chaotic Market

The Gold Report: Resource equities have been rejected, beaten up and ignored. Make your case for small- and mid-cap gold stocks.

Jeff Killeen: It's true that investment dollars have been moving out of the resource sector over the last year and gold exploration companies in particular have seen a drastic decline in market value over the last 12 months.

However, the space cannot be ignored. These commodity sectors are cyclical and putting investment dollars to work strategically in the space when equities are at such low valuations makes sense, but patience is required.

"My recommendation is that investors focus on the fundamentals when looking at junior exploration equities."

My recommendation is that investors focus on the fundamentals when looking at junior exploration equities. Does the management team have a proven track record? Does the company's asset or assets have strong grades relative to the proposed extraction method, which can secure healthy margins, even at lower commodity prices? Does the company have balance sheet strength to significantly derisk and advance these projects?

TGR: What gold price are you using in your models? Continue reading "C is for Cash and Catalysts in a Chaotic Market"

Chart to Watch - IVAC

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 the Intevac Inc. (NASDAQ_IVAC).

I hope you are having a GREAT week !!!

This week let's take a look at a low priced stock that looks to have a good chance of turning into a high priced stock. Continue reading "Chart to Watch - IVAC"

Who Killed the Gold Price?

The Gold Report: On April 15, the gold price plunged about 9%the biggest one-day loss ever for the yellow metal. Many gold investors got "murdered" that day. Has your personal investigation revealed any suspects?

Ian Gordon: I suspect it was akin to what happened in 1999. The then-governor of the Bank of England, Edward George, supposedly said that "any further rise in the gold price would take down one or more trading houses." He said the rising price of gold was curtailed through the work of the Federal Reserve and the Bank of England. It appears that a bullion bank was caught offside on the short side and they had to take the price of gold down quite dramatically to allow it to cover.

I think something similar happened in April. I think it was manipulated to the downside. Goldman, Sachs Co. encouraged its clients to short sell gold two days before this occurred.

TGR: Could it have just been an error?

Continue reading "Who Killed the Gold Price?"

This Little-Known Fed Index May Be Signaling Recession

By: David Sterman Street Authority

Over the past year, economists have noticed an unusual pattern as they digested the series of monthly reports on housing, consumer confidence, purchasing managers, trade flows and other key economic inputs.

These reports showed consistently mixed signals, though it was clear that the U.S. economy was faring OK. And that has led to hopes of more consistently positive reports in the second half of 2013 and into 2014. By next year, many economists have come to expect a firmer backdrop, with GDP perhaps growing in the 2.5% to 3% range.

Yet it may be time to start questioning that brightening outlook. Perhaps the greatest measure of economic activity -- one ignored by most investors, unfortunately -- is flashing yellow and may soon be flashing redContinue reading "This Little-Known Fed Index May Be Signaling Recession"