By YeOldGoldNugget on July 4, 2011
I hope you fellow Canadians had a great Canada Day long weekend and Happy Independence Day to those south of the boarder! A couple weeks back on June 19th I posted my analysis on how the stock market was bottoming and that we needed a couple key sectors to participate before we would get a [...]
Posted in Market Analysis
By YeOldGoldNugget on June 16, 2011
“The paranoia gripped us, The rain turned engines to rust The panic set in like a cancer to our hearts; Spreading through We bet on finite genius; Or prayed for God to save us But there was no antidote, Disease tore us apart We left bodies in the fields, So numb that we forgot how [...]
Posted in Market Analysis
By YeOldGoldNugget on June 6, 2011
Everyone knows people make mistakes when rushed to do something or if they are scared of something bad happening. We also know fear and greed is what moves the market each month, week, day and tick… So when the majority of investors are selling their shares at the same time you must recognize the psychology [...]
Posted in Market Analysis | Tagged gold newsletter trading, how to trade spy, Index trading, SP500 trading, spy trading
By YeOldGoldNugget on June 6, 2011
My most recent analysis regarding the S&P 500 has been proven to be inaccurate as a failed breakout has transpired on the S&P 500 this past week. While there is no such thing as a perfect analyst, I will openly admit that my most recent article proved to be wrong. After I watched as the [...]
Posted in Market Analysis | Tagged SPX Option Trade, Trade UUP Options, Trade XLG Option Chains
By YeOldGoldNugget on June 1, 2011
Before discussing why I think the S&P 500 may be setting up to rally I have to discuss an options strategy that often times is overlooked. Besides writing covered calls and cash-secured naked puts (same risk profile by the way), one of the most basic spread constructions available to option traders is the vertical spread. [...]
Posted in Market Analysis
By YeOldGoldNugget on May 10, 2011
David Banister May 9th- www.MarketTrendForecast.com What was I thinking trying to forecast a normal “wave 4” correction in Silver without the required insider information that the COMEX was going to raise margin/equity requirements four times in a week? My pullback silver low target of $40.10 was obliterated after two consecutive days of equity requirement increases [...]
Posted in Market Analysis | Tagged Stock Market Forecast, Stock Market Prediction, Stock Market Timing, The MArket Forecast
GoldBroker - Buy gold/silver
