Every time I turn on the news recently, there is an analyst promoting the purchase of gold.  The biggest reason given for the purchase is the ‘Safe Haven’ argument…meaning that in times of economic strife, gold tends to rise.  While fundamental arguments can be made for and against gold, let take a look at some of the charts and what they are telling us about the future value of gold.    The 1st chart is a long term monthly chart showing the steady uptrend in gold over the years.  Notice […]

  Many investors in the market consider themselves to be ‘value investors’…meaning they look for stocks whose earnings are strong relative to the price of the stock. These investors use a P/E ratio or multiple to compare values of stocks. In simple terms, the P/E ratio or multiple is simply the price of the stock divided by the company’s earnings per share. The higher the multiple the more overvalued the stock is said to be.   In this highly volatile, highly bearish market, I have been putting together several watchlists […]

  Recently, I was asked what some of my favorite stocks in this current market are. Below is a list of 4 of my favorites with some reasons why. As a trader, I am interested in BIG moves. The 4 stocks below are ones with big move potential with smaller than normal market risk at this time due to the dramatic selling that has already taken place. Feel free to put these on a watchlist and trade them with your signals.       1. FCX- Freeport McMoran This company […]

Hey Gang,Below is an outline of the timetable we discussed with the events during the great depression. J. D. Rockefeller said: “These are days when many are discouraged. In the 93 years of my life, depressions have come and gone. Prosperity has always returned and will again.” Roaring 20’s—great economic prosperity.  — Debt leveraging   1929- Sept 3rd hit a record high 381.17   Next month decline of 17% Thu 24th of Oct. / Fri 25th — Rockefeller/Durrant/Big Banks Black Monday – 13% decline Black Tuesday – 12% decline 30 […]