Sunday, April 29, 2012

Commodity Newsletter April 29th, 2012

Hello everyone, here's my extensive commodity newsletter.  In the
newsletter I discuss General Commodities, Agriculture, and Natural Gas
(makes sure to see my educational example on BOIL).  I also discuss gold
and silver as well as GDX, also make sure to listen to my section on
individual gold stocks as I discuss which ones I personally own.

Weekend Commodity Newsletter April 29th, 2012

Monday, April 23, 2012

PLX Long Update

PLX - Chart Link

Needless to say, most of the trade ideas that have been performing today are shorts but this long idea has had a decent move the past two sessions.

Sunday, April 22, 2012

Weekend Commodity Newsletter April 22nd, 2012

Here's my comprehensive Weekend Commodity Newsletter

Weekend Commodity Newsletter April 22nd, 2012

Please note: this there is a video included in this newsletter, the format is in Windows Media Player

Friday, April 20, 2012

Follow up on AAPL Short trade

Hello everyone, here's a quick follow up on my AAPL chart from Monday and last week.  If you've been following my posts, I posted AAPL in a bearish rising wedge last week, here's a follow up to that analysis.

Video - Technical Analysis on AAPL

Please note if you get a blank page after clicking on the URL above, simply refresh your page and you will see the video

enjoy your weekend everyone!

Thursday, April 19, 2012

Thursday April 19th, 2012 Newsletter

Hello everyone, here's tonight's newsletter, please make sure to check it out as I cover a myriad of things from the general market, to various mechanical systems, custom indicators, commodities, previous metals, and some trade ideas.

Wednesday April 18th 2012 Newsletter

Please enjoy the rest of the week and also be sure to take advantage of our 15% coupon before it expires!

Matthew Frailey

Tuesday, April 17, 2012

GGN interesting recourse stock

GGN - Chart Link - GAMCO Global Gold, Natural Resources is a closed-end fund that owns gold and natural resource stocks. The Gabelli management sells covered calls against their long positions. The covered calls are reported as return of capital. The fund pays a 14 cents per share dividend on a monthly basis, and has done so for almost 6 years.

Notice how the 200 day MA is cradling price as support, if you want an initial stop it could go below there

Monday, April 16, 2012

AAPL Bear Wedge Follow Up

AAPL chart link - last week I posted an update to AAPL which had clearly broken down from a text book bear flag pattern.
AAPL continues to break down hard from this bear wedge pattern and as you can see from this 60 min chart, the next big support area is the gap from April 14th highlighted in gold, let's see if that offers some initial support.
Watching AAPL is important because it's such a huge component of the Nasdaq 100, and thus it has a strong effect on the general market as well.

Weekend Newsletters

Hello everyone, this weekend I'm giving you both of our weekend newsletters for free:  Our Commodity Newsletter and General Market newsletter.  Also please consider taking advantage of our coupon!

Friday, April 13, 2012

AAPL bear wedge playing out

AAPL chart URL here\'s a 15 min chart of AAPL we showed back on April 9th: at the time we showed that AAPL had formed a well-defined bear wedge, as you can see it is playing out well.  

Of course this should not surprise anyone, AAPL was due for at least a small correction.  The bear wedge was text book and is playing out well and the trade played out for a nice trade!

Otherwise realize that AAPL has earnings on April 24th, therefore I would not be surprised to see a slight bounce into earnings

Thursday, April 12, 2012

Gold Metal Comments

$GOLD - Here\'s the daily chart of gold that I\'ve been showing for a while, as you can see it bounced logically off the long tern uptrend line from the 2008 lows.  For now this triangle pattern is valid.  Also take a look at the 60 length Stochastic indicator at the bottom, notice how it got oversold recently; notice how that has been a great guide for buying dips. 

$GOLD - otherwise here\'s another view that I could see playing out:  it shows gold basically forming a large symmetrical triangle pattern for the next 3 - 4 months into late summer and then breakout out in late July or Aug.  The reason why this might make sense is because gold his historically weak during the summer months starting from May, therefore it\'s difficult for me to imagine gold having a sustained rally to new highs at this time, therefore I think gold might be due for a lot of up and down sideways choppy action over the next several months before breaking out and rallying hard in the early fall time frame.

Wednesday, April 11, 2012

Wednesday comprehensive market newsletter

Here\'s my comprehensive market newsletter covering the general market, mechanical systems, commodities and precious metals, and some trade ideas.  This newsletter contains 40 charts with a 26 min audio overview of my thoughts.  Please take the time to review

Wednesday April 11th, 2012 Newsletter

Tuesday, April 10, 2012

DIA Bear Wedge Follow Up Additional

DIA chart link - Again here\'s another update to our Short on the market via the 1X ETF for the Dow Jones, DIA.  

After today\'s move the market is now very oversold in the short term and probably due for an oversold bounce

congrats to those who took the short!  However if you are not currently short, then DON'T SHORT it here as the risk/reward is not unfavorable, instead wait for a decent oversold bounce as the market is probably due for an oversold bounce at this point.  

Monday, April 9, 2012

DIA bear wedge follow up

DIA - here\'s a follow up to the DIA bear wedge Idea that I posted last week.  As you can see the bear wedge is starting to play out now.

Congrats if you caught this and are short!  

Sunday, April 8, 2012

Weekend Commodity Newslettter April 8th, 2012

Hello everyone, first off I hope you enjoyed your long three day weekend and spent some well deserved time with friends and family because that's the most important!

Otherwise here's my very comprehensive weekend commodity newsletter.  It's very in-depth and covers my long and short term views on the precious metals market.  I also cover a couple mechanical systems and take a quick look at a few other commodities.

Weekend Commodity Newslettter April 8th, 2012

Thursday, April 5, 2012

Interesting view of the S&P 500 vs TSX Toronto Exhcange

Here's an interesting comparison chart posted by one of our BPT members, it shows the S&P 500 and the Canadian TSX with some interesting similarities.

Disregarding all of his comments on the chart for a min, one thing that really stands out to me is the perfect bearish Head and Shoulder pattern that has formed on the TSX with the large rally from the Oct/Nov 2011 lows forming a right shoulder to the H&S pattern. Of course one of the main reasons why the TSX index has lagged relative to the US Market is because the TSX is heavily weighted in commodities, which have lagged since the S&P 500 rally began in late fall 2011. However the bearish pattern is here. I will post our review of the world foreign markets this weekend and see what else stands out. I hope you all have enjoyed your long weekend so far!!

Tuesday, April 3, 2012

DIA 1X ETF for Dow Jones

DIA - bear wedge short idea, see the comments on the chart

Bonds/Interest Rates and TBT

TBT - the ultra short 20 year bond ETF, a few weeks ago I stated to watch for a retracement in TBT and to look for support at the lower trendline i.e. look for previous resistance to now act as support on a re-test.  Logically TBT rallied nicely off the trendline and provided a low risk long for our members

$TNX 10 year Treasury yield

Monday, April 2, 2012

Commodity Newsletter April 1st Weekend Review

Click the link below to view the most recent newsletter.  This one contains lots of good stuff: market analysis, mechanical systems, precious metals, and great trade ideas

Commodity Newsletter April 1st Weekend Review