NFTRH+; GILD Hits Target
Gilead (GILD) has hit the target laid out in this NFTRH+ post from April. As I often do, I sold below the target but for the record, it's a very…
Gilead (GILD) has hit the target laid out in this NFTRH+ post from April. As I often do, I sold below the target but for the record, it's a very…
For those who are bullish for a trade in energy in general and in Canadian dividend plays in particular, here is the constructive looking daily chart of ERF. First a…
I have purposely not looked at anything having to do with First Majestic’s fundamentals. This is strictly a daily chart setup for precious metals players who either like or want to trade this stock. The post is made with the assumption that our proposed ‘silver leads gold in a resumed inflation bounce’ is still in play.
The Emerging Markets (EM) have been weak over the last month as the USD made a recovery rally. Today USD index is making a drop below the 50 day moving averages and the upside target of 97 we had noted (currently at 96.20).
This brings into focus the prospect of a ‘C’ leg of an A-B-C rally in commodities that was reviewed in NFTRH 345 and also the prospect of the EM fund EEM maintaining its series of higher highs and higher lows.
NFTRH has been talking about a 'trade the swings' mentality on the US stock market since probably last September or so. The swings have been routine, if very pronounced. So…
I already own LSG, so please consider that I am talking my book. It has been noted that NFTRH+ updates need technical parameters and gold miner Lakeshore Gold has that,…
Well, here comes old friend Silicon Motion back down to earth. Apparently news of an acquisition has induced profit taking in this quality Fabless Semiconductor company based in Taiwan. Due…
EWM was part of an NFTRH+ update that was sent to the entire subscriber base (NFTRH+ is included in the regular service, but email is 'opt-in' so we don't bother…
You may have noticed this one show up in my brokerage account back in March. It was sold for a profit and put on watch. I buy and sell things for different reasons, but NFTRH+ needs technical setups and now SLCA has one, although it was originally brought to my attention by a subscriber who is very fundamentals-oriented, FWIW. If interested in that side of things, take a look and consider it along with the technical situation.
Personally, I am leaning slightly toward bearish on the stock market, but the Biotech sector has been going to its own beat. Taken in a vacuum, Gilead has an interesting…
A subscriber who has a history as an India fund manager was kind enough to pass along (actually, remind me of…) a couple more symbols of interest (to go along with Nifty 50 fund INDY and MSCI India fund INDA). These are the Wisdom Tree India earnings fund (EPI) and the Market Vectors India Small Cap fund (SCIF). These are presented for your consideration and further research.
In keeping a balanced approach to the stock market, I have certain companies on radar while at the same time being open to going bearish (beyond the SPY short) if the signals come in.
As with yesterday’s updates on Lithium and REE, we do a ‘+’ on the Malaysia iShares for those who might be interested and send it to the entire list, as it is more of a macro chart and not a dynamic trading situation. I am simply digging up charts that I find interesting from around the global asset markets.
You may recall that ‘outlier’ commodities Lithium and REE’s took off together earlier in the year and the advice was that if you are a “Lithium head” (or REE head) it would be best to wait for a pullback.