Gold: No rush to get long
Gold bled lower the entire month of December and currently has many folks screaming to buy’em again. What some of them may be forgetting however is that gold has been moving lower since October 2012, and at least from a momentum perspective doesn’t yet feel entirely ready to bounce back up. As I will describe […]
St. Joe Company (JOE) Flashes A Short-Side Trade
Now that my trade idea on Yelp, Inc. (YELP), which I posted last Thursday January 3rd (http://investorplace.com/247trader/more-upside-ahead-in-yelp-yelp/), has reached its profit target at $21.60 (a 7% gain), it’s time to look for the next high probability trade setup. The housing/real estate space as a whole had a good run higher in 2012. For a basic […]