Good Evening! Awesome start to the week hitting a solid 9% on the DANG swing
trade and after some disciplined day trades today I finished up just under
$5,000 in profits which makes up for some of my undisciplined day trades last
week. Its important I point out how NEOM completely retraced Fridays move and
why we focus on 10% rinse and repeat, even if it means leaving some on the table
from time to time. Was up about $6,000 at one point on PCX today but Id really
like to see this closer to $8 before I consider making any moves. The markets
advanced again today but not by much with the Dow +7, the Nasdaq +23 led by
Apple and the S&P 500 +6. Tuesdays economic calendar is light with housing
starts for February at 8:30 a.m. EST. Important Updates By Sunday JasonBondPicks
will be up and running as the home of premium content. While its not ready for
memberships yet, Im loading a lot of material at JasonBondPicks this week so you
can get used to using the new site. Feel free to ask questions about the watch
list down below, I get to these nightly and its better than email because your
question might help someone else too, plus it gives us a running log during the
week. My job is to help with these trade ideas so please dont be afraid to ask.
Thursday night well have a webinar for all swing trade subscribers located at
theStockMarketWatch (tSMW) and Ill have detailed instructions for you soon.
Moving forward this will be the location of our chat and webinars so lets get
used to it Thursday night. Youre membership to JasonBondPicks will be integrated
with theStockMarketWatch chat this time around but for the time being you will
need to create a username / password before Thursdays webinar. Open Trades HL
5,000 shares at $4.59 (current $4.65) swing long. I wouldnt mind owning another
5,000 shares because I think the upside on this trade is $1 per share swing
long. Not only is this chart at good technical support but if the market does
pull silver is likely to go up and silver producers with it. LYSCF 20,000
shares at $1.30 (current $1.29) swing long. I wont be shy to add size around
$1.20 should it go there and plan to hold this one for the $1.70s. I think the
rare earth situation in China would spark a big move in LYSCF in the coming
weeks if it plays out right. PCX 6,000 shares at $6.72 (current $7.21) swing
long. Should be smooth sailing up to $8 at which point Ill assess the trade. Id
be happy at $8 but think theres a real chance this stock hits $9 to $10 so
patience might be the name of the game here. PZZI 10,000 shares at $4.64
(current $4.64) swing long. This is also one of the best small cap stories we
will see in a long time. If the company puts out some good news, which they are
completely capable off, I think it could really get going. TVIX
Monday, March 19, 2012
Gold Price Broke Through $1,660 Closing at $1,666.90
XCSFDHG46767FHJHJF
DG365FD46564GFH654FU898 Gold Price Close Today : 1666.90 Change : 11.40 or 0.69% Silver Price Close Today : 3292.60 Change : 35.30 cents or 1.08% Gold Silver Ratio Today : 50.626 Change : -0.199 or -0.39% Silver Gold Ratio Today : 0.01975 Change : 0.000077 or 0.39% Platinum Price Close Today : 1677.90 Change : 5.20 or 0.31% Palladium Price Close Today : 706.50 Change : 8.70 or 1.25% S&P 500 : 1,409.75 Change : 5.58 or 0.40% Dow In GOLD$ : $164.18 Change : $ (1.03) or -0.62% Dow in GOLD oz : 7.942 Change : -0.050 or -0.62% Dow in SILVER oz : 402.09 Change : -4.16 or -1.02% Dow Industrial : 13,239.13 Change : 6.51 or 0.05% US Dollar Index : 79.43 Change : 0.332 or 0.42% The GOLD PRICE and SILVER PRICE kept on recovering today. Silver added 35.3c to close just under 3307c at 3292.6. Gold broke through $1,660 and added $11.40 to end at $1,666.90. Five day chart shows that since Wednesday gold has traced out a slow uptrend with higher lows and higher highs. Now gold has bumped its head against the downtrend line from the 29 February high, and the 200 DMA also stands at $1,680.76. Should gold break through them both, especially on the first try, it will scoot. By the way, Gold has formed another falling wedge, and y’all recall that wedges always break out the OPPOSITE direction from the way they point. The GOLD PRICE is trading out into the point of that wedge, and something will break soon, probably this week, up or down. Time for lower lows is rapidly draining away. You know, that SILVER has already made a correction greater than 50%. The 300 and 200 DMAs are kissing, which sometimes marks an upward turning point. If silver should close above 3450c, stop waiting and buy. Today it hit the 50 DMA and stopped, but looks strong still. Can’t call a bottom, though, until silver confirms a bottom some way. If the US dollar index was my only friend, I’d shoot myself. Treacherous doesn’t begin to compass it. Friday and in European trading early today the dollar was plumb — and I mean plumb — flat. Right on the bell at 10:30 New York time the dollar index fell off a cliff at 79.75, painted a pennant half way down, then resumed plunging to 79.35. Today’s plunge broke the 50 DMA (79.63) but trading now at 79.434 (down 33.2 or 0.43%) the dollar index has not crossed below its 20 DMA (79.36). Although the dollar index rose above its last low on this current move, if it stops here it will only confirm a downtrend. Looking at today’s action, the chart has not been fractured, and dollar could continue rising. But if it falls much below that 79.36, it will probably revisit 78.50. Like a bad child when his mama’s sick, the Euro took this occasion to run hog wild. Gained 0.48% to $1.3242. The Japanese yen today closed just where it was on Friday, 120.01c/Y00 (Y83.33/US$1). Yen has definitely turned, though, after a 119.14c low. Sometimes I get knotted up because I can’t explain to people why I won’t recommend stocks. Today I went to an inflation calculator for an example. Dow topped in January 2000 at 11,722. Corrected for inflation, just to be at the same level the Dow would need to be at 15,500. BWDIK? I’m just a natural born fool from Tennessee. That sort of casts another perspective on today’s stock action. Dow gained a grandiloquent 6.51 (0.05%) to 13,239.13. S&P500 rose 5.58 (0.4%) to 1,409.75. When it falls, it will drop like a plum bob out of a C130 cargo plane at 25,000 feet. Tomorrow my bionic wife has to have a cataract- clouded lens removed from her eye and replaced. She has worn glasses since she was 8, but after this replacement and another a week later, she will only need glasses for reading. I would deeply appreciate y’all praying for success and safety in her surgery. Thanks in advance for your prayers. Argentum et aurum comparenda sunt — – Gold and silver must be bought. – Franklin Sanders, The Moneychanger The-MoneyChanger.com © 2012, The Moneychanger. May not be republished in any form, including electronically, without our express permission. To avoid confusion, please remember that the comments above have a very short time horizon. Always invest with the primary trend. Gold’s primary trend is up, targeting at least $3,130.00; silver’s primary is up targeting 16:1 gold/silver ratio or $195.66; stocks’ primary trend is down, targeting Dow under 2,900 and worth only one ounce of gold; US$ or US$-denominated assets, primary trend down; real estate bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and warned: Do NOT use these commentaries to trade futures contracts. I don’t intend them for that or write them with that short term trading outlook. I write them for long-term investors in physical metals. Take them as entertainment, but not as a timing service for futures. NOR do I recommend investing in gold or silver Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one or another may go up in smoke. Unless you can breathe smoke, stay away. Call me paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading futures options or other leveraged paper gold and silver products. These are not for the inexperienced. NOR do I recommend buying gold and silver on margin or with debt. What DO I recommend? Physical gold and silver coins and bars in your own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Gold Price Broke Through $1,660 Closing at $1,666.90
Gold Price Close Today : 1666.90 Change : 11.40 or 0.69% Silver Price Close
Today : 3292.60 Change : 35.30 cents or 1.08% Gold Silver Ratio Today : 50.626
Change : -0.199 or -0.39% Silver Gold Ratio Today : 0.01975 Change : 0.000077 or
0.39% Platinum Price Close Today : 1677.90 Change : 5.20 or 0.31% Palladium
Price Close Today : 706.50 Change : 8.70 or 1.25% S&P 500 : 1,409.75 Change :
5.58 or 0.40% Dow In GOLD$ : $164.18 Change : $ (1.03) or -0.62% Dow in GOLD oz
: 7.942 Change : -0.050 or -0.62% Dow in SILVER oz : 402.09 Change : -4.16 or
-1.02% Dow Industrial : 13,239.13 Change : 6.51 or 0.05% US Dollar Index : 79.43
Change : 0.332 or 0.42% The GOLD PRICE and SILVER PRICE kept on recovering
today. Silver added 35.3c to close just under 3307c at 3292.6. Gold broke
through $1,660 and added $11.40 to end at $1,666.90. Five day chart shows that
since Wednesday gold has traced out a slow uptrend with higher lows and higher
highs. Now gold has bumped its head against the downtrend line from the 29
February high, and the 200 DMA also stands at $1,680.76. Should gold break
through them both, especially on the first try, it will scoot. By the way, Gold
has formed another falling wedge, and y'all recall that wedges always break out
the OPPOSITE direction from the way they point. The GOLD PRICE is trading out
into the point of that wedge, and something will break soon, probably this week,
up or down. Time for lower lows is rapidly draining away. You know, that SILVER
has already made a correction greater than 50%. The 300 and 200 DMAs are
kissing, which sometimes marks an upward turning point. If silver should close
above 3450c, stop waiting and buy. Today it hit the 50 DMA and stopped, but
looks strong still. Can't call a bottom, though, until silver confirms a bottom
some way. If the US dollar index was my only friend, I'd shoot myself.
Treacherous doesn't begin to compass it. Friday and in European trading early
today the dollar was plumb -- and I mean plumb -- flat. Right on the bell at
10:30 New York time the dollar index fell off a cliff at 79.75, painted a
pennant half way down, then resumed plunging to 79.35. Today's plunge broke the
50 DMA (79.63) but trading now at 79.434 (down 33.2 or 0.43%) the dollar index
has not crossed below its 20 DMA (79.36). Although the dollar index rose above
its last low on this current move, if it stops here it will only confirm a
downtrend. Looking at today's action, the chart has not been fractured, and
dollar could continue rising. But if it falls much below that 79.36, it will
probably revisit 78.50. Like a bad child when his mama's sick, the Euro took
this occasion to run hog wild. Gained 0.48% to $1.3242. The Japanese yen today
closed just where it was on Friday, 120.01c/Y00 (Y83.33/US$1). Yen has
definitely turned, though, after a 119.14c low. Sometimes I get knotted up
because I can't explain to people why I won't recommend stocks. Today I went to
an inflation calculator for an example. Dow topped in January 2000 at 11,722.
Corrected for inflation, just to be at the same level the Dow would need to be
at 15,500. BWDIK? I'm just a natural born fool from Tennessee. That sort of
casts another perspective on today's stock action. Dow gained a grandiloquent
6.51 (0.05%) to 13,239.13. S&P500 rose 5.58 (0.4%) to 1,409.75. When it falls,
it will drop like a plum bob out of a C130 cargo plane at 25,000 feet. Tomorrow
my bionic wife has to have a cataract- clouded lens removed from her eye and
replaced. She has worn glasses since she was 8, but after this replacement and
another a week later, she will only need glasses for reading. I would deeply
appreciate y'all praying for success and safety in her surgery. Thanks in
advance for your prayers. Argentum et aurum comparenda sunt -- -- Gold and
silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com
© 2012, The Moneychanger. May not be republished in any form, including
electronically, without our express permission. To avoid confusion, please
remember that the comments above have a very short time horizon. Always invest
with the primary trend. Gold's primary trend is up, targeting at least
$3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66;
stocks' primary trend is down, targeting Dow under 2,900 and worth only one
ounce of gold; US$ or US$-denominated assets, primary trend down; real estate
bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that short term trading outlook. I write them
for long-term investors in physical metals. Take them as entertainment, but not
as a timing service for futures. NOR do I recommend investing in gold or silver
Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one
or another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Today : 3292.60 Change : 35.30 cents or 1.08% Gold Silver Ratio Today : 50.626
Change : -0.199 or -0.39% Silver Gold Ratio Today : 0.01975 Change : 0.000077 or
0.39% Platinum Price Close Today : 1677.90 Change : 5.20 or 0.31% Palladium
Price Close Today : 706.50 Change : 8.70 or 1.25% S&P 500 : 1,409.75 Change :
5.58 or 0.40% Dow In GOLD$ : $164.18 Change : $ (1.03) or -0.62% Dow in GOLD oz
: 7.942 Change : -0.050 or -0.62% Dow in SILVER oz : 402.09 Change : -4.16 or
-1.02% Dow Industrial : 13,239.13 Change : 6.51 or 0.05% US Dollar Index : 79.43
Change : 0.332 or 0.42% The GOLD PRICE and SILVER PRICE kept on recovering
today. Silver added 35.3c to close just under 3307c at 3292.6. Gold broke
through $1,660 and added $11.40 to end at $1,666.90. Five day chart shows that
since Wednesday gold has traced out a slow uptrend with higher lows and higher
highs. Now gold has bumped its head against the downtrend line from the 29
February high, and the 200 DMA also stands at $1,680.76. Should gold break
through them both, especially on the first try, it will scoot. By the way, Gold
has formed another falling wedge, and y'all recall that wedges always break out
the OPPOSITE direction from the way they point. The GOLD PRICE is trading out
into the point of that wedge, and something will break soon, probably this week,
up or down. Time for lower lows is rapidly draining away. You know, that SILVER
has already made a correction greater than 50%. The 300 and 200 DMAs are
kissing, which sometimes marks an upward turning point. If silver should close
above 3450c, stop waiting and buy. Today it hit the 50 DMA and stopped, but
looks strong still. Can't call a bottom, though, until silver confirms a bottom
some way. If the US dollar index was my only friend, I'd shoot myself.
Treacherous doesn't begin to compass it. Friday and in European trading early
today the dollar was plumb -- and I mean plumb -- flat. Right on the bell at
10:30 New York time the dollar index fell off a cliff at 79.75, painted a
pennant half way down, then resumed plunging to 79.35. Today's plunge broke the
50 DMA (79.63) but trading now at 79.434 (down 33.2 or 0.43%) the dollar index
has not crossed below its 20 DMA (79.36). Although the dollar index rose above
its last low on this current move, if it stops here it will only confirm a
downtrend. Looking at today's action, the chart has not been fractured, and
dollar could continue rising. But if it falls much below that 79.36, it will
probably revisit 78.50. Like a bad child when his mama's sick, the Euro took
this occasion to run hog wild. Gained 0.48% to $1.3242. The Japanese yen today
closed just where it was on Friday, 120.01c/Y00 (Y83.33/US$1). Yen has
definitely turned, though, after a 119.14c low. Sometimes I get knotted up
because I can't explain to people why I won't recommend stocks. Today I went to
an inflation calculator for an example. Dow topped in January 2000 at 11,722.
Corrected for inflation, just to be at the same level the Dow would need to be
at 15,500. BWDIK? I'm just a natural born fool from Tennessee. That sort of
casts another perspective on today's stock action. Dow gained a grandiloquent
6.51 (0.05%) to 13,239.13. S&P500 rose 5.58 (0.4%) to 1,409.75. When it falls,
it will drop like a plum bob out of a C130 cargo plane at 25,000 feet. Tomorrow
my bionic wife has to have a cataract- clouded lens removed from her eye and
replaced. She has worn glasses since she was 8, but after this replacement and
another a week later, she will only need glasses for reading. I would deeply
appreciate y'all praying for success and safety in her surgery. Thanks in
advance for your prayers. Argentum et aurum comparenda sunt -- -- Gold and
silver must be bought. - Franklin Sanders, The Moneychanger The-MoneyChanger.com
© 2012, The Moneychanger. May not be republished in any form, including
electronically, without our express permission. To avoid confusion, please
remember that the comments above have a very short time horizon. Always invest
with the primary trend. Gold's primary trend is up, targeting at least
$3,130.00; silver's primary is up targeting 16:1 gold/silver ratio or $195.66;
stocks' primary trend is down, targeting Dow under 2,900 and worth only one
ounce of gold; US$ or US$-denominated assets, primary trend down; real estate
bubble has burst, primary trend down. WARNING AND DISCLAIMER. Be advised and
warned: Do NOT use these commentaries to trade futures contracts. I don't intend
them for that or write them with that short term trading outlook. I write them
for long-term investors in physical metals. Take them as entertainment, but not
as a timing service for futures. NOR do I recommend investing in gold or silver
Exchange Trade Funds (ETFs). Those are NOT physical metal and I fear one day one
or another may go up in smoke. Unless you can breathe smoke, stay away. Call me
paranoid, but the surviving rabbit is wary of traps. NOR do I recommend trading
futures options or other leveraged paper gold and silver products. These are not
for the inexperienced. NOR do I recommend buying gold and silver on margin or
with debt. What DO I recommend? Physical gold and silver coins and bars in your
own hands. One final warning: NEVER insert a 747 Jumbo Jet up your nose.
Options Can Sqeeze Yield From Apple Ahead Of Dividend – Wall Street Journal
XCSFDHG46767FHJHJF
Telegraph.co.uk Options Can Sqeeze Yield From Apple Ahead Of Dividend Wall Street Journal By Chris Dieterich and Kaitlyn Kiernan OF DOW JONES NEWSWIRES NEW YORK (Dow Jones)–Apple Inc. (APPL) unveiled plans to return cash to investors Monday, and while shareholders won't see the dividend payments for months, options traders can wring yield … Apple to pay dividend, start stock buybacks as it breaks open $98B piggy bank Washington Post Apple's Dividend Heralds 'Changing of the Guard' ABC News Apple to Pay Dividend, Start Stock Buybacks TIME Forbes – Christian Science Monitor all 2,399 news articles
Options Can Sqeeze Yield From Apple Ahead Of Dividend - Wall Street Journal
Telegraph.co.uk Options Can Sqeeze Yield From Apple Ahead Of Dividend Wall
Street Journal By Chris Dieterich and Kaitlyn Kiernan OF DOW JONES NEWSWIRES NEW
YORK (Dow Jones)--Apple Inc. (APPL) unveiled plans to return cash to investors
Monday, and while shareholders wont see the dividend payments for months,
options traders can wring yield ... Apple to pay dividend, start stock buybacks
as it breaks open $98B piggy bank Washington Post Apples Dividend Heralds
Changing of the Guard ABC News Apple to Pay Dividend, Start Stock Buybacks TIME
Forbes - Christian Science Monitor all 2,399 news articles
Street Journal By Chris Dieterich and Kaitlyn Kiernan OF DOW JONES NEWSWIRES NEW
YORK (Dow Jones)--Apple Inc. (APPL) unveiled plans to return cash to investors
Monday, and while shareholders wont see the dividend payments for months,
options traders can wring yield ... Apple to pay dividend, start stock buybacks
as it breaks open $98B piggy bank Washington Post Apples Dividend Heralds
Changing of the Guard ABC News Apple to Pay Dividend, Start Stock Buybacks TIME
Forbes - Christian Science Monitor all 2,399 news articles
Gold Rebounds from Last Week's Big Drop
Gold Rebounds from Last Weeks Big Drop International Business Times - 29
minutes ago Central banks are taking advantage of the fact that the price of
gold dropped 3 percent last week. Reuters said that central banks bought about
$250 million worth of gold last week through the Bank for International
Settlements.
minutes ago Central banks are taking advantage of the fact that the price of
gold dropped 3 percent last week. Reuters said that central banks bought about
$250 million worth of gold last week through the Bank for International
Settlements.
Google Finance Quotes G Goldcorp Shares; New York Spot Gold Price Trend; Spot gold per gram and spot silver per ounce
Spot gold Price trends and Spot silver price trending News Today: The New York
Spot gold Price trend-line moved in a positive direction during the opening
trading session of the week. Spot gold price and spot silver price were both
tracking positively at approximate close of the U.S. trading session today. At
this point, spot gold price per gram was higher at 53.45 and spot silver price
per ounce was higher at 32.90. Gold prices were pressured lower during the
better part of last weeks trading process and bargain hunters were out looking
for deals to open this week. Gold Mining Stock Trending News Today: Goldcorp
continues to make progress in the realm of gold mining. The company is making
progress on the Eleonore project in Quebec and is still slated to begin mining
process production in 2014. The company expects the project, once in full
production mode, to produce approximately 600,000 ounces of gold per year.
Goldcorp Inc. Stock Quote News Today: Today, as closing numbers were finalizing
for Goldcorp, share price was posting in the red. Goldcorp (G) stock was lower
on the day by .66 percent at 43.39 according to google finance stock quotes.
Camillo Zucari
Spot gold Price trend-line moved in a positive direction during the opening
trading session of the week. Spot gold price and spot silver price were both
tracking positively at approximate close of the U.S. trading session today. At
this point, spot gold price per gram was higher at 53.45 and spot silver price
per ounce was higher at 32.90. Gold prices were pressured lower during the
better part of last weeks trading process and bargain hunters were out looking
for deals to open this week. Gold Mining Stock Trending News Today: Goldcorp
continues to make progress in the realm of gold mining. The company is making
progress on the Eleonore project in Quebec and is still slated to begin mining
process production in 2014. The company expects the project, once in full
production mode, to produce approximately 600,000 ounces of gold per year.
Goldcorp Inc. Stock Quote News Today: Today, as closing numbers were finalizing
for Goldcorp, share price was posting in the red. Goldcorp (G) stock was lower
on the day by .66 percent at 43.39 according to google finance stock quotes.
Camillo Zucari
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