Barchart is UNIMPRESSED with technicals for gold, silver, CDE HL, tho RIC is at 40% BUY status near term.
Gold, silver CDE HL are at sell. NOT A REC...I currently have some CDE shares, but did NOT add to NU"GT for a trade...kept only minuscule amount after last trading (some time ago) and now at very slight loss for NUGT after mucho trading.
Kitco gives opinions of experts, traders and readers/ionvestors....
Gold Outlook Remains Uncertain Ahead of Fed Meeting And Weak Q1 GDP – Analysts
By Neils Christensen of Kitco News
Why keep ANY GOLD or MINERS with current UNCERTAINTY?
I keep SOME miners because a gap UP is possible.
I look for at least three categories for bottom fishing.
1) Strong companies that will outlast the downturn for 'munches' and eventually selling half after high percentage gains (yeah, right).
2) BEATEN DOWN companies at lows, esp after DILUTION OR DELISTING OR REVERSE SPLIT, IF my evaluation leads me to believe there is long term potential in a turnaround...I accumulate and may sell SOME even into tiny bounces
3) Potential or actual SUPERB TRADERS for short term trading or swing trading. (NUGT JNUG and some miners, esp u miners recently).
4) Potential gem stocks...tiny niche stocks or jr miners for a long term hold...that could be multibaggers, buyouts, etc.
NOT OVERWEIGHT miners at this point and have been RAISING CASH TODAY and RECENTLY.
VXX doji today?
IF a market pullback occurs, personally NOT SURE which small stocks, if any, might skyrocket. NOT unusual for some tiny stocks to become 'traders' toys' during market pullbacks. They may be short the indices and long some OTC stock....NOT SURE what will happen next week with miners....for now, holding current shares of CDE...TINY QUANTITY....'bookmark' amount.
Still holding some ocean shipping and some small biotech, with whatever trading I've been able to manage...with some.
Energies? Saudi Arabia's actions? Iran? Treacherous...Peace Prayers
Take a look.
See Kitco articles.
Complacent market hitting new highs....
See shadowstates, Heritage Foundation, CATO Institute, Heartland, zerohedge (website), and Mark Leven for some insights about what is really happening in the US and the world...economy, politics. The press/media appears to be incompetent or corrupt or (in some cases) both....so the ordinary citizen has no real understanding of what is happening...and especially of what MAY HAPPEN ...
Become HIGHLY INFORMED, using independent sources that verify information.
Take the Constitution courses (and others) on the web at Hillsdale College (perform a search...they receive NO government money and are independent...FOR the ordiinary citizen...FOR respect for ALL PERSONS...as reflected in our Constitution).
SPREAD information, enthusiasm for life, liberty, respect for property,
for opportunity for ALL
Spread Peace, Joy, Wisdom, Love of Freedom and Responsibility, and Agape~
On daily chart, observing CCJ and many others seem to be overbought (high RSI). Since I've been SELLING into upmoves on the news, I'm personally hoping to catch some (or some more) of specific uranium stocks on pullback.
NOT a rec. Just observations for independent thinkers and bottom fishers.
Also OT: noting PHMD has an interesting chart and is holding some gains today. ALSO NOT A REC. I sometimes trade INTRADAY for speculative long positions, if/when a heavy move begins, sometimes holding some shares of what I hope will be long term gem/multibaggers.
Profit for Good Causes
MCP (Molycorp) already had excellent news re Siemens deal.
Seems to me from a technical standpoint MCP is headed higher overall, tho I personally take partial profits on high percentage upmoves for most long ppositions.
NOT a rec. Just info that should be verified independently.
REE is actually down 3%. Watching several other rare earths...there are MANY. My opinion is the small stocks in rare earths are highly manipulated, tho I do expect MCP eventually to be a multibagger. I simply plan to trade some shares on the way up. For some small or beaten stocks, dilution, delisting, etc. may be a possible negative.
ANR, for example (coal) received a delisting notice.
Meanwhile, PRAN is green after printing a slow, tortured continuatin patterm...cannot say I know for certain whether/when will hold upside/downside, but I AM on the side of the science being SUPERB. See barchart for support/resistance and what is a terrible chart...for now...UNTIL the move begins and holds with high volume...I personally am expecting to TRADE some additional shares to upside, and may sell them if/when the move stalls or reaches heavy resistance, keeping core shares (small amount). JUST my opinion.
Former holders of PZG now have CDE shares? I have mine, along with the smidge I rebought at about 5.13 two days ago. Still only tiny munch, since NOT SURE about direction of gold/silver.
In precious metals, I tend to trade JNUG and/or NUGT and have not yet added to NUGT. Nor have I rebought JNUG.
In the uraminum patch, UEC has doubled from lows and CCJ is holding most gains. Many others have had huge moves on recent news re India deal for CCJ (CCO in Canada) and also on restarting reactors in Japan. Fukushima should NEVER HAVE HAPPENED. Even the tsunami would have done much less damage IF THE GUIDELINES recommended by Japanese gov had been followed. Reactors MAY give clean and inexpensive energy IF DONE PROPERLY. Almost all U can now be depleted safety
See CYTX news re burn research: success
See comments on PRAN Yahoo and copper message boards. Here at yahoo read
and all the other knowledgeable posters, some of whom are researchers, others medical professionals, including some MDs.
From a purely technical standpoint, PRAN could retest much LOWER, despite its oversold status in very low 1's. From a SCIENCE standpoint, it is oversold ... vraiment incroyablel...
One fine morning we will wake up to a nutso trading morning - here's the scenario -
PBT2 partial BS hold lifted
EMA orphan approval for PBT2
followed by announcement of PBT434 orphan indication
PBT1033 orphan indication
Overwhelming buy at these levels. Less
Sentiment: Strong Buy
NOT a rec. EDAP has more than doubled from retest of 1's, but even the most magnificent SCIENCE does not always reflect in share price...sadly, even over the long term.
I personally trade 'additional' shares of most small biotech holdings, in order to protect gains...My holdings are tiny, but I do try to trade many, many more shares than I hold, so I can buy MORE on pullbacks OR diversify...mining, energies, niche stocks, or trade nat gas or crude upside/downside.
ONLY my opinion.
Strategies for Profit for Good Causes
Thank you for technical and mining comments.
Have been pondering and strategizing when/if silver FINALLY moves to upside.
Did rebuy my tiny 'munch' of CDE yesterday as it rose from 5. (In at apx 5.13.) Personally expecting some more sideways movements (completion of a configuration) followed by the up OR DOWNMOVE in CDE itself
Am trying to trade upside bounces in NUGT JNUG or any miners that may have outsized moves, sometimes keeping some of some. I don't want to get caught with large number of shares for another final dunking...which I agree may occur. at some point
Meanwhile, uranium stocks (CCJ UEC many others have had outsized moves and I have been taking profits in the ones I'm holding.
My CYTX is up 7.3% today. Will likely sell part of trade from .90's to 1's, even tho candle is looking bullish after yesterday's tests near a fibonacci area...touched .90).
Check out news for MVG (Mag Silver Corp...have no shares at the moment, tho I do trade it from time to time.
MAG Silver Corp.: Widest Intercepts to Date Extend High-Grade Valdecanas Vein to Depth
405 g/t (11.8 opt) Silver-Capped; 2.7 g/t Gold-Capped, 3.2% Lead, 4.1% Zinc, 0.37% Copper, Over 34.35 m (True Width of 26.45 m) Including: 919 g/t (26.8 opt) Silver-Capped; 4.94 g/t Gold-Capped, 5.25% Lead, 4.87% Zinc, 0.62% Copper Over 13.25 m (True Width of 10.20 m). One source shows 'halted'...???
Profit for Good Causes
You missed some NICE MOVES in the uranium patch:
CCJ up 8%...well, now up 6%
Others up 4% to 16% or more...
Japan court ruling re restart reactors.
ALSO India deal w/Cameco (CCJ) (CCO.to)
Clean Energy from SAFE reactors
My 'bookmark' re-munch of CDE as it rose from $5...at about 5.13...
Now CDEbiscuit gotta run like the wind...upside...
Yeah, EDAP recovering from last pullback. Send a few trillion fer trading IF ya' have some extra cash lyin' around.
I ALWAYS ask my favorite banking friends if they kin just print RosieDana a few trillion...
tho AT LEAST my CyberAlterEgo has never been arrestted fer ASKIN'...
CDE recently DOUBLED from low 3's to 7's. In the same short timeframe, few other stocks (including miners) made similar moves (except some volatile OTC's, perhaps).
I have been VERY critical of Coeur management in the past. Neanmoins, CDE SOMETIMES makes huge gains.
En plus, over the very long term, may well be one of the precious metals winners with the various acquisitions.
NOT a rec, tho CDE or for any other investment, tho I am personally bullish on silver for the very long term.
Lookin' fer cash to rebuy CDE, in fact. Touched 5.00 today. Now 5.03. 4's would be even better if it falls that far. Have very little dry powder because some energies, including U stocks, have been moving nicely. CYTX took a delicious dip below a dollar, so I'm trading it...fer now...pending comments at EVENTS Adipose adult stem cells for therapies of various sorts, including burn. Had started re-accumulating when it fell to .30's/.40's and sold all but 'nugget' into previous rise. Now cautiously re-accumulating for a potential bounce.
April 21-24, 2015
ABA Annual Meeting, Chicago
May 27-30, 2015
ISCT Annual Meeting, Las Vegas
CYTX had recent bad news....now some more positive news may be coming, so I added for more trading.
Cytori Cell TherapyTM is under evaluation in the United States for treatment of patients with hand and finger involvement due to the autoimmune condition scleroderma, as well as patients with symptomatic knee osteoarthritis. Our technology is approved in many countries around the world, and we have a number of active global partnerships with academic hospitals, companies and government agencies that share our interest in bringing Cytori Cell TherapyTM to patients in need.
Some great movers and/or superb dividends in ocean shipping and fallen energies/energy-related, such as pipeline, trust, etc.).
Profit for Good Causes
I have not (yet) rebought shares of CDE, but IF I had a huge portfolio might consider rebuying now today if eod chart is similar.
Converging major moving averages need to make the bullish 50ma/200ma crossover and go into an uptrend...CDE appears to ME to be simmerin' fer dat move...tho ALMOST ANYTHING may happen in markets...AND technicals can be misread OR the more probable outcome may simply NOT occur.
VXX VXZ on radar. Gold & silver do not ALWAYS move up during market volatility. However, some investors may consider selling overbought major indices/stocks to buy at least SOME oversold gold/silver/miners. Might.
SSRI is also above the 50ma today. PAAS has made a triple bottom, imo, and is overall up from that area. EXK HL on radar also for potlential upmoves. jmo I DO buy/trade a number of miners and could not possibly post all the moves, since some are tiny juniors that have high percentage gains. Ditto rare earths, energies, alt energies and some niche stocks and indices. I have been cautiously re-accumulating miners (again) after having sold most of my NUGT into the previous upmove. I sometimes add for a trade and do sell any heavy add...for now. MCP above 50ma now and is up 11%...missed that additional trade tho I have some residual shares. REE above both 50ma/200ma...poised for crossover. Have small amount and did add a 2nd time recently. CCJ had good news re India. Again, current strategy is TOWARD accumulation in miners, with some selling/profit taking into bounces. OR if trade moves against me.
Remains to be seen.
Profit for Good Causes
I personally believe it is worthwhile to hold SOME SHARES of SOME MINERS, but I do trade 'additional shares' whenver possible in an attempt to protect or increase gains.
In order to make a profit as frequently as possible, I sometimes trade tiny junior miners or volatile biotechs. I PREFER to seek out long-term potential GEMS and trade 'around' them with MORE SHARES THAN I HOLD...poissiblly MANY, MANY TIMES more shares than I can afford to hold.
Some examples of movers include MCP (which recently tripled, retested near lows...did NOT expect that...and it was BULLISH...and has since triple AGAIN). Current candlestick show much PROFIT TAKING, so it is not NOW a place to start new positions (at least not for ME). I sold most into upmoves. Am finally very green on my MCP trading, after many previous losses..have recouped far more than I lost. Also mentioned added to REE in the .60's. Now trading in the .80's. Mentioned there are a LARGE NUMBER of miners (or stocks) related to rare earths and that I trade many of them. IF I am accumulating as a stock falls, I accumulate only TINY AMOUNTS until/unless bottom looks very CLEAR. Then I may add/sell into upmoves, especially if downtrend is broken and swing trading is possible.
For small biotech, I make my choices for long term potential gems based on the science and also trade. Sadly, what might be most useful for mankind is not always 'useful' or trendy with Wall Street. Big pharma wants to buy innovative and watershed treatments very cheap, so the stocks are highly manipulated. I NEVER short small biotech.
I do not mind shorting crude or nat gas when they 'deserve' a downmove...or any large index, for example.
I do trade energy stocks, alternative energies and some 'niche' positions. I own/trade ocean shipping and high dividend stocks when indicated by fundamentals and/or technicals.
JUST MY opinion. NOT a rec to follow me. EVER. ONLY to do thorough and independent DD.
Profit for Good Causes
I'm a long term silver bull...since silver was about $5 more than a decade ago.
Overall, long term bullish does not mean I hold large quantities of silver (We can't afford to buy any, actually) OR that I hold large quantities of silver miners through all volatility.
I tend to hold SMALL quantities of miners during downtrend, including recent fall, but I only ADD when I believe an upside trading opportunity shows reasonable probabilities of success OR in the case when I am taking tiny munches to attempt to accumulate what I expect may be the best to hold (or trade, or both, only long trading for miners).
During the first move of CDE from 1's to 7's, I held or traded it, along with many other precious metals stocks.
Subsequently attempted many trades, some successful and many NOT successful in CDE. DID add successfully from 10's as it rose to 30's (tho sold too soon).
Attempted numerous other trades, but I SELL ALL or MOST if the trade moves against me, and MAY sell into upmoves (all or most) to accumulate on pullbacks OR to trade elsewhere.
For now, I am out of CDE, but it does not mean I do not believe the long term may be up huge for CDE and likely many other miners.
SOME of the miners may be in an uptrend ALREADY (RIC, for example), tho some TECHNICAL analysts do not believe gold ITSELF has YET confirmed its uptrend. Some are still expecting more smackdown. Personally, I'm NOT SURE, so I continue to trade SOME SHARES of SOME of the miners and sometimes buy or add to some I already hold.
Quite a number of mid-tier and junior miners have been mentioned on this message board...some have already doubled or more. Some pulled back after doubling, as did CDE. RIC has held most of its gains. NOT A REC...NOT currently in CDE, nor am I in RIC, tho I may buy or rebuy at any time...ANY of the miners if the technicals and overall potential look good to me AND IF I do not see better opportunities elsewhere. NO one should follow me or ANY OTHER POSTER, imo. Do DD
Ignore those whose goal is to bash or confuse and do serious and thorough DD. My opinion is to include technical analysis. That NEVER means ignoring risks or negatives. It simply means FILTERING OUT the liars and manipulators. It also means filtering out those who are persistent skeptics under ALL CONDITIONS, despite potential...and also those who refuse to consider risks and negatives. Ordinarily, in order to find magnificent gems for the very long term, one must consider buying when there is still SOME RISK...perhaps even great risk...but one may find ways to protect one's initial investments. One way is to buy in tiny munches, gradually increasing IF onee is certain of long term outcome. Options trading and/or swing trading and other alternatives may also help protect long positions in areas that are still speculative.
NOT a rec for CDE or any other stock. I am a bull for the very long term for SILVER and SILVER MINERS.
Silver and gold miners doing VERY WELL today. CDE has been one of the top movers.
Profit for Good Causes
We'll see what a few thousand shares of CDE or many other silver miners will be worth in five or ten years.
Today CDE at $5.58 at this time. Up 3.33 intraday.
PAAS at about 9.23, HL at 3.19, EXK 1.94, SSRI 5.09....also see AG SLW others
Summer tends to be doldrums for miners and for many stocks (seasonality). However, there may always be exceptions. Remains to be seen.
Profit for Good Causes
Bashers do NOT WANT positive FACTS, RESEARCH, to be seen near top of messages.
My opinion is that the manipulators are covering and going long...quietly.
JUST my opinion, but the science, the data, the most recent news and possibly the technicals seem to indicate PRAN may be preparing for an upmove.
A sayin' frum da ol' countree...never short a 'boring' stock...
A word to the wise...and the not so wise...
Again, JUST an opinion.
In any case, it does not harm to keep INFORMATION at the top of the message board and not to allow confusion to reign by endlessly RESPONDING directly to the manipulating bashers.
They use 'Alinsky' tactics:
1) People begin to BELIEVE what they hear over and over and over again...like PRAN is 'rubbish' etc. (SCIENCE proves that false, imo.)
2) Alinsky-ite bashers smear longs implying they are 'geeks' ... stupid .... anything negative.
READ 'RULES FOR RADICALS' and realize they will lie, slander, perhaps even thresten for their goals (and crony goals) of power, greed.
Peace Prudence Logic Science
PRAN is a VERY LONG TERM HOLD for me...for core shares. The science is compelling, imo. As I've posted in the past, I do some very OCCASIONAL selling of PRAN and some others into upmoves (NEVER shorting). Since our family ALSO needs additional cash flow (decades of medical challenges in immediate and extended family), I have been studying markets/tech analysis as tho I were working on a PhD. NOT MY FIELD and may always consider myself a novice...BUT have learned some useful points:
IF one has purchased heavily at the retest(s) of approximate recent lows, one would note that the upmoves have not held THUS FAR...and have created a pattern.
Use stockcharts or incrediblecharts (etc.) to draw trendlines and to take note of the configuration(s), the pivot point, key moving averages and other indicators.
Especially for small biotech, always check weekly charts AND the very long term monthly. I have access to minute charts which I use for crude, nat gas, some indices, etc. When I DO take partial profits of small biotech (or any small stock) (usually into long term and powerful upmoves), even those 'sells' are so tiny (as is my entire portfolio), they could not affect share price.
There are a number of ways to assess moneyflow, including the Twiggs. A variety of methods may be used in various timeframes.
Personally think probabilities for PRAN (including factors such as overall science, trails, and most recent news), will give share price a lift relatively soon... POSSIBLY after another retest of low area (1.07's/1.08's), OR even after a 'dump' to shake out longs and take out stops.
Those who control small biotech and many small stocks create precipitous and sudden moves, in MY opinion, for their own benefit and the benefit of cronies. It's one reason the small investor should be cautious, unless he/she has very large amounts to invest long term.
Profit for Good Causes