I once watched a movie called the Curious Case of Benjamin Button, a character played by Brad Pitt. It was about a man who aged backward – quite a clever premise for a plot. This is how I feel about Platinum Group Metals Ltd. (TSX:PTM / NYSE:PLG). A quick look at the stock chart should tell you why.
You will recall in chart educational segment 001, we took an in depth look at the weekly chart for gold. Our expectation is for the MACD signal line to dip below the trigger line and then re-cross it later next year. This will be our buy signal based on trend settings. So let’s look at an example where this has just happened.
Is the US Dollar Going Higher or Lower? A stock chart analysis for the US dollar on November 6, 2019 and where the support level for USD is.
Is it time to finally buy gold stocks? John Toporowski gives his view on where gold stocks might be headed and where the new trend is after 6 long years.
Do Baby Boomers really impact the Labor Force Participation Rate? Here’s a closer look at the truth behind unemployment numbers, the labor participation rate, the amount of money being borrowed to buy stocks on the NYSE, and a look at what Bank of America’s institutional desk is doing with their stocks.
Is it still too early for the big stock market correction? Technical trader Kevin Cook thinks it is. Watch the video to see how he is going to handle the shake from past two weeks using technical charts and analysis.
Time for Mr. Market to go to the doctor again and get a check up on his internals. Watch the video as Kevin Cook goes over several market breadth indicators to show you, from a technical standpoint, where the market could be headed.
Is the secular bear market over, or is it just around the corner? Technical trader Kevin Cook believes it could be, and he’s looking for evidence. Watch this video as he looks for clues on where the market is headed in 2014 via technical charts and fundamental analysis.
Timing the swings in interest-rate sensitive ETFs is a great global-macro game. Watch the video as Kevin Cook of Zacks Investment Research talks about the overall market and gives you guidance with charts on how to play gold, treasuries, and foreign currencies.