As mentioned in a prior post (11 Trend Following Candidates), when looking for trend-following candidates, I like to scan for stocks at what appears to be the beginning of a new uptrend. A good trend-following momentum indicator is the convergence of all three primary moving averages (20dma, 50dma & 200dma). As all three moving averages converge it indicates that the average cost of the stock is equal amongst all three time periods. This convergence usually happens while the 20-day & the 50-day moving averages are crossing above the 200-day moving average giving a bullish signal, which suggests that the price of the stock is likelyRead More →

As gold continues to defy the laws of gravity, so do the Canadian junior gold mining penny stocks and last week was no exception. With the gold market having flashed that extremely rare signal that hasn’t happened in 14 years (as pointed out by Taylor Dart in his new Seeking Alpha article: Prepare For Liftoff: Gold Market Flashes Extremely Rare Signal), I’d expect this trend to continue.Read More →

SetYourStop.com contributor Taylor Dart knocks it out of the ballpark again with his new Seeking Alpha article titled – Prepare For Liftoff: Gold Market Flashes Extremely Rare Signal. As you can tell by the title of the article, Taylor points out an extremely rare signal that flashed in the gold market this past week. This signal is so rare that the last one recorded was over a decade ago.Read More →