gold miners (2)

Admin

All That Shines, Gold And Silver

Sometimes it pays to simply remove the distraction of moving averages and let the chart movement speak for itself.  What say you StockBuz?  Are those head-and-shoulders bottoms or no?  Long gold and silver (and miners) with a stop below last weeks low (to your tolerance).  Partial on a breakout, move up stops to b/e, final target equal to distance of head to breakout zone.  Call it flight to safe havens, call it massive short covering/profit taking, .  Who cares.  The risk/reward is irresistible.

1290476?profile=RESIZE_480x4801290508?profile=RESIZE_480x4801290536?profile=RESIZE_480x4801290568?profile=RESIZE_480x480

Read More, Comment and Share......

Admin

Daily Reads

  • With the increase in US oil (hello Bakken), shipping black gold by rail has caused backlog in shipments of other goods across all industries forcing rail companies to scramble to expand.  The biggest loser: shippers.  Sounds like more promo for Keystone to be approved WSJ
  • Are you guilty or have you been there, done that?  Take a different view of those around you in the service industry and how you/we view and interact with them.  An open letter to Paul Ryan on poverty Salon
  • Last night after the close, CME lowered margin requirements for Brent and WTI crude oil futures.
  • Members here at StockBuz have been playing precious metals and miners; gold, silver, GDXJ (junior miners).  Investing.com has noticed the move off of the lows as well.
  • The "death spiral states" talk of Democratic states leading in number of Welfare recipients (shockingly) distorts the full truth.  What else will the Koch brothers come up with next?  Factcheck.org
  • China slowing is the biggest threat to growth currently,

Read More, Comment and Share......

We welcome you to post a blog entry, oped or share your daily reading with us as long as it is relevant to the topic of investing and not an attempt to sell a product, proprietary strategy, platform or other service. Please provide links to any research data and if re-posting other articles, give credit where credit is due providing a back link to the original site.

300 words minimum per post. You may also sort by category or search by topic. Don't forget to comment and please "share" via Facebook, Twitter and Google+. If you have any questions, please contact us.

FOLLOW STOCKBUZ

__________________

This is a member-supported site. Please donate when you can to help pay the rent. Thank you!

Stay Informed. Sign up for the FREE StockBuz eNewsletter

________________

Investing involves substantial risk. All content is subject to StockBuz disclaimer.

Create Income With Option Spreads

All content on StockBuz.net is subject to disclaimer and Terms of Service