Sector Focus – Miners and Precious Metals - Jeff Pierce

Send Message

I’m a swing trader of momentum stocks with a holding period of anywhere from a few hours to a few months. I run a number of screens to locate the strongest/weakest stocks out there, using technical analysis to determine my entries and exits. Trying to calculate the intrinsic value of stocks in... More

My company:: Astrology Traders
My blog:: zentrader.ca

Sector Focus – Miners and Precious Metals 0 comments

Sep 11, 2011 5:53 PM | about stocks: SLV, GDX, GLD, EXK, RGLD, GPL

If you want to know when to buy Silver and want to be safe a breakout above $45 (and a strong close as well above that level) should give this metal the push it needs to get to $50 and above. I was thinking last week that the metals were going to pause but should we start to see some buyers flooding back into this sector this could make a quick b-line to old highs. See the chart below for Gold levels via GLD.
My list of favorite miners continues to grow. RGLD RIC ANV AUY EXK EGO MDW and GOLD
No Comments

Stocks: SLV, GDX, GLD, EXK, RGLD, GPL

Back To Jeff Pierce's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.