Monthly Archives: February 2012

Puts On Industrial Index

For active traders, there exists opportunity to profit from a correction nearing in the U.S stock market. One trade with a potential triple are the XLI April 21 puts 37 strike with a buy up to price of $1.00 and a … Continue reading

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Gold Stock Idea

Semiconductor stocks, silver and gold, soft commodities, a smattering of oil and gas names, and large cap Nasdaq names are leading today’s asset classes. Silver is making an enormous move. As mentioned previously, I like gold and silver stocks here. … Continue reading

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Dip Buyers Alive And Well

A gap down open in the U.S. stock indicies was greeted with 15 minutes of selling. Money then started pouring in as the dip buyers, well-rewarded over the past couple of months, swarmed in. It continues to pay to embrace … Continue reading

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Picks And Shovels In Natural Gas Patch

Some research this weekend in the natural gas patch lead to the discovery of two names with great charts and fundamentals. They are Canyon Service Group (FRC.TO) and Chart Industries (GTLS). With low natural gas prices driving conversion to natural … Continue reading

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Market Continues Levitation

While many argue the technical underpinnings of this rally in the U.S. stock are weak (and I agree), fighting a trend is the easiest way to go broke. Trends should be embraced. The discipline to embrace trends and use prudent stops, regardless … Continue reading

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The Dip Buyers Support Market

The dip buyers continue to support the market as it remains stretched to the upside. It’s still best to trade the market to the long side here as long as the trend stays in place. But I’m taking profits faster  and trailing stops … Continue reading

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Gold Stocks

The U.S. stock market continues to churn near highs, perhaps working off some of the near-term overbought status. The move in gold today, on no news, gives credence to the overall argument that central bank money is propping up all … Continue reading

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