It’s been a long time and I’m sure you were wondering whether I quit the game or I just forgot about this site.  I’m still here, although I had a lot of time off and doing a bit of research.

According to the markets, we all know we are facing a serious bear market.  So my only advice could be, “The Trend is your Friend!”.  So if people are shorting, then do the same.  BUT…make sure you take a good look at the technical analysis to see if its a good play.  Once it breaks the support line, it will become the new resistance.  So make sure to keep in track.

As for picks, I’m not like those pennystock sites who email all their members saying to buy this particular stock and it will do well.  As a matter of fact, I actually signed up for all of those sites and monitored them for the past few months.  When you get an email from for the first time announcing their stock pick, you would need to act right away to make 5-10 cents.  Otherwise if you check that email one hour later, you’ll notice its already at its high and there’s no point in trading them.  So from my view, as soon as you get the email, do a quick research and make your decision whether to play or not because only within those first 10min you can make some money.

Now as for my personal picks, I will share this to everyone when it’s the stock is at its lowest.  I mean seriously, I won’t tell people to buy when its like 20 cents up or 10 cents up. I will tell you the second I find out about it and when it targets its lowest.  Although as you see the markets, they are being hammered.  I know a lot of people are taking advantage by shorting these stocks severely because we’re in a bear market (thanks to Europe and Greece), but you should also know this is a seriously big opportunity to invest in as well.

Many people get scared and panic when we enter this phase in the market, while people like me sit back, relax and enjoy the show.  Look at your favorite stocks, when it go below its 52 week low, wait a bit more for it to reach even lower (nowadays I noticed most stocks are going much lower than their 52 week low…and still going lower).  So wait it out a bit or buy a few shares here and there but no doubt it will eventually go back up.  That’s how markets are, they are like people with emotions.  They panic, they sell, they gain confidence, they buy.

So hang on tight, the time is coming where I will share some info regarding some stocks (not so I can make money for myself, buy for you to make money too…and I promise it will be worth it). Remember the next pick will be at its lowest (maybe a few pennies more than the low but it will be worth it to double your profit).

And so again, have a great one traders.  Don’t panic.  Just sit back and relax and watch the show

Check out my live twitter page updated several times a day regarding market news.  Look to the right and click on the link where it says “Live Twitter Trading Updates“.

If you would like more information about advertising your website here or on my twitter page, use the contact us button above and I’ll get back to you.

Comex gold futures in New York have sold off Tuesday morning, as more technically related selling is featured. A lack of fresh, bullish fundamental news has also allowed technically based trading to become more prevalent Tuesday. August gold last traded down $16.70 at $1,191.00 an ounce. August gold could be seeing the beginning of a bearish downside “breakout” from a minor bearish pennant pattern that had formed on the daily bar chart in recent trading sessions. The next major downside near-term technical target for the gold bears is pushing and closing August futures prices below solid chart support at $1,168.00.

Hey Traders,

Alot of people have recently asked me for an explanation of adding/removing liquidity in the stock market as well as how orders are routed. Below is a basic description with the resulting rebates as well as additional charges above your commission rate that many don’t realize even exist:

Adding vs. Taking Liquidity vs. Outbound.

The term “Add Liquidity” refers to sending an order to an ECN at a price which is not immediately executable. The order sits on an ECN’s order book until the market moves to that price, at which point the order executes. You can think of this as a limit order.

EXAMPLE: The inside market in XYZ is $20.01 X $20.05. If you place a buy order at $20.04 or below, the order will sit on the order book until another market participant is willing to sell at that price. Alternately, you can place a sell order at $20.02 or higher and your order will sit on the order book until another market participant is willing to buy at that price. Buying on the bid and selling at the offer is referred to as adding liquidity.

The term “Remove Liquidity” refers to sending an order at a price which is immediately executable. A buy order is sent with a price equal to or higher than the current offer and a sell order is priced equal to or lower than the current bid. You can think of this as a market or marketable limit order.

EXAMPLE: Using the example from above, the inside market in XYZ is $20.01 X $20.05. If you place a buy order at $20.05 or higher you will immediately execute at the current offer. If you place a sell order at $20.01 or lower you will immediately execute on the current bid. Buying at the offer or selling on the bid is referred to as removing liquidity. (Keep in mind that some venues can have hidden orders. Executions against existing hidden orders are still considered removing liquidity).

The term “Outbound” refers to an order which is routed from its original destination to another venue.

EXAMPLE: You send an order to ARCA to buy XYZ at $20.05 while NSDQ is displaying an offer to sell at $20.04. ARCA will route your order to NSDQ for execution at the better price. This order routing is referred to as outbound.

Hope that helps!  Cheers!

I know it’s been a month since I’ve last posted.  Been very busy with life.  Now lets get back to work!

Now if you are a seasonal trader, you would know that by Mid January, it was a good time to start shorting Gold Stocks.  This process repeats every year almost.  Gold has had its highs, and its about time for it to reach its lows.  Normally Gold will have its down period t’ll July – August.  So short the Gold Stocks if you want to see some money coming in.

I would like to share an article with you that I got from another website.  It talks about the predictions of Gold from the billionaire investor George Soros.

Here is the article:

Davos 2010: George Soros warns gold is now the ‘ultimate bubble’

Gold is now “the ultimate bubble”, billionaire investor George Soros has declared, sparking fears that prices for the precious metal may soon suffer a tumble.

Mr Soros, arguably the most famous hedge fund manager in history, warned that with interest rates low around the world, policymakers were risking generating new bubbles which could cause crashes in the future. In comments delivered on the fringe of the World Economic Forum, Mr Soros said: “When interest rates are low we have conditions for asset bubbles to develop, and they are developing at the moment. The ultimate asset bubble is gold.”

Gold prices last month reached a record level of just over $1,225 per ounce, having risen around 40pc last year. Investors are piling into the metal amid fears both of potential inflation and fading faith about the stability of previously-assumed safe assets such as government debt. However, the chairman of Barrick Gold, the world’s biggest producer, Peter Munk, said he expected the metal’s upward march to continue.

Mr Soros added that by proposing imminent “exit strategies” from the unprecedented support handed out to troubled banks and consumers, governments around the world could be in danger of triggering a double-dip in the global economy. In comments which will reinforce Labour’s plan to fight the next election on promises not to start raising taxes or cutting spending too soon, he said that it was still too early to slash budget deficits.

He said: “I think that since the adjustment process to the recession is incomplete, there is a need for additional stimulus. Some countries, like the US and European countries, have plenty of room to increase their deficits. The political resistance to doing so increases the chances of a double dip in the economy in 2011 and after that.”

The Conservatives have pledged to start cutting public spending almost immediately after this year’s election, but their promise was weakened earlier this week by an International Monetary Fund report warning that it may still be too early to begin this process. Mr Soros also came out in favour of Barack Obama’s plan to split up large US banks, but said that proposals to tax the banking system could also endanger the recovery.

Before the new years, I noticed that there is a trend of a ” SELL OFF “.  What I suggest all traders to do is look for a target buy price.  Example, so if the sell off is active and say a stock drops from $3.00 to $0.70, put a buy price in the mid $0.70.  You’ll see your portfolio jump in the next 3 weeks.

Happy Holidays Everyone!  I’ll see you after the New Years!

I would like to wish everyone a very Merry Christmas.  Hope all of your holidays are safe and fun.

The materials (U.S.) sector typically does well from January 29th to May 6th. From 1990 to 2008 the materials sector has produced an average gain of 8.0% and has been positive fourteen out of twenty times.

Currently the technical pattern on the U.S. materials sector, as represented by the ETF, XLB, is positive – the sector has recently broken out of its trading range.

The U.S. materials sector is substantially different than the Canadian materials sector as the U.S. sector has very little gold and approximately 60% chemical companies.

Because of the relatively weak seasonal opportunities for the Canadian materials sector in January, investors should consider reducing their position in the Canadian materials sector over the short-term and increasing their position in the U.S. materials sector in January.

The metals and mining sector typically outperforms from November 19th to May 5th. Last year this sector produced a 61% return. Recently it has been trading in a rising channel and has pulled back to mid-channel. Within the seasonal period of strength the materials sector can have a short period of strength at the end of December and then “soften” in the first week or two of January. Investors should consider adding this sector to their portfolio before its next run in January.

The period of seasonal strength for platinum is from January 1st to May 31st. The primary driver for this period of seasonal strength is the auto industry ordering platinum for catalytic converters and investors optimistically anticipating increased car sales at the beginning of the year. Last year platinum increased 29% during its seasonally strong period. Unlike gold, platinum is still well below its high set in 2008. Platinum has been increasing and has recently broken out of its trading channel, which is a positive indication.

Platinum is shaping up to be a good opportunity for the end of the year/beginning of the next year.