My best stock picks, charts, and trading ideas. I use a combination of fundamental and technical analysis to find my highest conviction ideas. Check out my always fresh 'Power Rankings' for the hottest picks.
Oil has rolled over and I’ve taken off my USO and PBR positions. I think taking profits in gold stocks is a good move here, with so much negative news coming out on the US economy, meaning less demand for commodities.
I see no near term support levels for oil or gold here, so I may [...]
STEC shares popped today on the announcement that the Zeus solid-state drives will be used in EMC Corp.’s latest Symmetrix storage product. This endorsement of STEC by EMC gives STEC a lot of credibility going forward and we should see more of these announcements this year.
Steve Jobs has always been one lead the tech trends, [...]
DECK’s chart is amazing… We made a ‘W’ in November right on top of the rising 50-day MA, and now we are picking up the trendline that started in May. DECK is down $3 today, a great buying opportunity. These guys crushed estimates in November and they will do it again in February.
If we like [...]
Oil and gold are making classic pennant formations and trading just above the rising 50-day MA, very bullish signals. I’m playing oil by simply buying USO, which tracks the commodity price, much like GLD does with gold. To play gold, I am buying Aurizon Mines, AZK, my favorite emerging gold play to get some extra [...]
To me, this video articulates an argument that I completely believe in, which is the explosive growth of global wealth. The video cites that England in 1900 was the leader of the world, and now the US has taken their spot, as if to say, China or India will do the same to the [...]