|Day Low/High||32.14 / 33.24|
|52 Wk Low/High||10.61 / 40.11|
It's a mistake to declare the action as either bullish or bearish.
You can't print gold. You can't devalue it. It is always a good idea to have some gold in your portfolio.
The market trend is up and that's all that matters in the short term.
Right now there's still too many pockets of good momentum to worry much about overall market conditions.
Here's what I'm trading and what's on my radar today.
What is interesting for traders is the increased movement in some of these secondary stocks.
Add a silver lining for your portfolio, with these 8 'poor man's gold' names.
Market players are trying to navigate the rotational action.
Marin Katusa is the author of The New York Times bestseller, The Colder War. Over the last two decades, Marin has become one of the largest financiers of publicly listed Canadian companies by raising over $2 billion in financings, debentures, and de...
There's a lot moving in this market -- It's all about sector rotation and stock-picking.
My overall market thesis is that a trading range will develop but the indices are still hunting to find support.
Gold has always been, and still is the world's favorite safe haven.
The big gains in commodities stocks come to those who jump in when commodity prices are down and forming a bottom, or in the early stages of an uptrend.
Top picks among mining and precious metals stocks and funds.
Let's take a look to see if these gains can be sustained and built on in the weeks ahead.
For me the charts have not yet turned bullish.
The chart of PAAS looks positive at this point in time.
One technical chart indicates an initial upside price target of $27.
Sector rotations under the surface are much more volatile than what we see in the major indices.
Stock picking is becoming more challenging as the groups with the strongest recent momentum start to fade; I'm eyeing silver and semis.
Market is having trouble maintaining its strong start.
I'm feeling pressure to force some trades today, but I'm trying to stay selective.
While gold has been in the spotlight recently, it appears that silver (and PAAS), could also see a move upward.
Technicals are bullish, and the recent rally has been confirmed in the charts.
The recent improvement in gold prices has revived investor interest in silver. Here are 3 miners and an ETF to consider when trying to invest in the precious metal.