We took a look at the charts for Gold and Silver to see what we thought the future holds for these precious metals. Since Gold and Silver currently have no problem with demand, we turned to the technical charts to see where 2012 prices would land. GOLD 2012: $1,925 We give Gold a $1,925 price... Read more
Author Archive
Gold Shows No Sign Of Slowing Down – Plenty Of Upside To Come
August 8 | Posted by Kevin Monaghan | Top Story Tags: GG, GLD, Gold, Gold Chart, IAU, Precious Metals, Silver, SLV, Stock Charts, Support & Resistance, Technical Trade
Life, Property and Casualty Companies Still Good Value
August 5 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: Book Value, Credit Cards, DFS, Discover Card, Discover Financial Services, Hartford, HIG, Life Insurance Companies, Lincoln, LNC, Manulife, MET, MetLife, MFC, PRU, Prudential, SLF, Sun Life, Travelers, TRV, Value Investing, Value StocksDuring the Great Recession we were bullish on credit card companies due to the fact that we expected people would walk away from undervalued homes with their credit cards intact. They did. Credit Card companies, like Discover Financial Services (DFS), fell over 80% during the credit crisis and provided a great buying opportunity... Read more
The Beginning Of The Great Recession Part II
August 4 | Posted by Kevin Monaghan | Top Story Tags: 200 Day Moving Average, Bear Market, Bearish, Ben Bernanke, Debt, Fed, GDP, Great Depression, Head And Shoulders, Recession, S&P 500, SPY, Technical Trade, US DebtThe markets have been patient with the political turmoil in Washington… until last week. The markets have now shifted their focus to the softer economic reports and are selling off on the worse than expected numbers. GDP numbers were horrible and the debt debate (/debacle) did nothing to instill confidence that Washington can... Read more
Under Armour (UA) Shares Soar 533%! Is It Time To Go Short?
July 4 | Posted by Kevin Monaghan | Top Story Tags: AU, Earnings Report, Nike, NKE, Profits, Resistance, Short Sale, Short Trade, Stock Alert, Stock Charts, Support, Technical Trade, Under ArmourUnder Armour (UA) shares have had a spectacular bull run from about $12.50 to the current $79.23 (up 533%). Can the run continue… maybe? However we’re starting to think the upside potential is getting ahead of itself. The company releases its quarterly earnings report this month and while they will show year over... Read more
Global Markets At Key Technical Points! What’s The Trade?
June 17 | Posted by Kevin Monaghan | Inside Trader Highlights Tags: AAPL, Apple, China, Credit Crisis, FXI, Markets, MSFT, S&P500, Shanghai, Shanghai Composite, Shanghai Index, Shares, Stock Charts, Stocks, Technical TradeThe summer pullback is in full swing. Markets across the globe are letting worries get the best of them as the problems of the credit crisis still linger and further financial damage seems more inevitable than ever. One saving grace is that corporate earnings are only a few weeks away. If the markets... Read more
