Author: Daniel
-
Gold Miners at Risk?
In this week’s post, we will take a close look at the gold miner ETF GDX, which has had a very strong move to the upside in the last three months. On the 20th of March, we described in a post on X how GDX was approaching a long-term trendline and presented a good buying…
-
Weekly Update S&P 500
This week, the S&P 500 had a gain of exactly 0.0%. The index essentially went nowhere until a significant loss on Thursday. However, on Friday, the index managed to recover, bringing it back to even. Despite the mid-week volatility, the overall performance remained flat. Our last position which we placed has been active since April…
-
Tilray break out
In this week’s post, we will take a close look at Tilray, which has experienced very strong swings in the last couple of weeks. A daily chart of Tilray shows its recent activity. When should you as an do it yourself investor buy Tilray? If you are interested in receiving our completely free buy and…
-
Weekly Update S&P 500
This week, the S&P 500 had a gain of 1.7% and reached new all-time highs, with Wednesday being a particularly strong day. Over the last three weeks, the S&P 500 established an uptrend channel (green in the chart). On Wednesday, the index managed to break out of the trend channel to the upside. This breakout…
-
GameStop to the Moon
In this week’s post, we will take a close look at GameStop, which has had a very strong run in the last couple of days and attracted a lot of media attention. It surged by up to 260% in just two days. When should you as an investor buy GameStop? If you are interested in…
-
Weekly Update S&P 500
This week saw the S&P 500 with a gain of 1.6%. Both Monday and Thursday stood out as particularly strong days, contributing significantly to the overall increase. Over the past three weeks, the S&P 500 has formed an uptrend channel (in green on the chart). Interestingly, this channel acted as a barrier, leading to rejections…
-
Bitcoin to $80,000
In this week’s post, we’ll closely examine Bitcoin, which had a significant rally over the past few months but has experienced a downturn over the last 8 weeks, resulting in a peak-to-trough decline of 23%. Several weeks ago, we discussed Bitcoin on X, anticipating this correction. When should you buy Bitcoin? If you are interested…
-
Weekly Update S&P 500
This week, the S&P 500 recorded a modest gain of 0.7%. However, on Tuesday, it experienced a sharp decline ahead of the Federal Open Market Committee (FOMC) meeting of the Fed, scheduled for Wednesday. Throughout Wednesday, Thursday, and Friday, the index had volatile swings, only to conclude the week marginally higher than its starting point…
-
Tesla on the rise again
In this week’s post, we’ll analyze Tesla on a technical basis, which has experienced a significant surge following its earnings report. We previously discussed Tesla a few weeks back on X. As anticipated in that post, the breakout finally occurred When should you buy Tesla? If you are interested in receiving our completely free buy…
-
Weekly Update S&P 500
This week, the S&P 500 posted a gain of 2.7%, marking a notable improvement in market performance. As noted in last week’s analysis, the index had established a downtrend (gray) on the 1-hour time frame, as shown in the chart. However, on Monday of this week, the S&P 500 successfully broke out of this downtrend…