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Regular readers should recall my post from this past Sunday, Proceed The Market With Caution. The red flags are now waving, and I am 100% cash as of yesterday. For short term momentum traders like myself flowing with the overall market trend is very important. This may only be a short term correction but nonetheless [...]
Alternative Energy Stocks are back and they continue to turn big profits for those who know how to play the trend. For me that meant buying L D K Solar (LDK) on Monday and selling it today for a $5.36 profit. The first fact is that oil is continuing to climb, and as long as [...]
Where were you on April 8th when I posted, Alternative Energy Stocks Back in Focus. For those who haven't been watching this trend develop, the opportunities to maximize your money have been simply huge. Updating the featured stocks from that post: FSLR $272.75, now $295.90 (+8.5%) MEE $48.01, now $63.65 (+32.58%) LDK $31.91, now $40 [...]
Get in while its still cheap, or is Gold still too expensive? Bulls say: Gold is starting its treck back to $1000 and if you aren't buying now you will be buying later. The heavy volume move Friday puts Gold not only back at $900 but also above the key bearish trendline that has formed [...]
I have been keeping a close eye on FXI which is the Exchange Traded Fund (ETF) that tracks the Ftse/Xinhua China 25 Index, and it is nearing its next major buy point for long term bulls. FXI first came under big notice when on 4/23/08 it gapped on heavy volume to close above key resistance. [...]
