NEW SELL SIGNAL FOR GOLD AND PRECIOUS METAL STOCKS AND FOR BROAD MARKET

You can find this chart on Joe K. Reed's stockcharts public list.

I have added VGZ and NOT.V to my watch list. These are possible takeover candidates.


WITH THIS SELL SIGNAL I EXPERIENCED ANOTHER WHIPSAW--BUT I HAVE LEARNED TO FIGHT ON THE WINNING SIDE AND THE BEARS ARE IN CONTROL.

New buy signal for gold and gold stocks

Today I am issuing a new buy signal for Gold Stocks and for gold. See $HUI chart below for support and resistance and place your stops accordingly.

$INDU Gain In Higher Volume Yields Follow-Through Day For Stock Market

Today I issued a buy signal for the broad markets and look for a continuing correction for precious metals, oil and gas, and oil service sectors. I will sell my remaining spy puts into any rally next week.