“All last week the buzz was in the air... gold is sticking above $1 000!” (See Five Gold Stocks to Follow.) That was my introductory sentence on September 14 when I introduced you to the following five mining stocks that should profit from the run in gold prices. Since that article only one of the stocks highlighted has broken out to new highs. The other four merit a second look to see if they can offer the trader a second opportunity to turn green into gold. Caveat number one from me: I tend to shy away from stocks that ...

The Chicago Purchasing Managers Index stole the show today and maybe even the bull’s bite. If you aren’t familiar with the Chicago PMI it's an index of business conditions in the Chicago area. Today’s number was extremely disappointing coming in at 46.1 compared to an analyst estimate of 52.0. During the month of August the index came in at 50.0.Today on the Buzz and Banter Professor Lance Lewis gave his analysis of the Chicago PMI.  “Once again take a whiff of the stagflation sandwich that is the September Chicago PMI. The headline index fell to 46.1 from 50 in the ...

All last week the buzz was in the air ... gold is sticking above $1 000! As rotation occurs I’ve decided to take a look into the mine and see if I can find some nuggets that are worthy of our capital. See also Is Gold's Price a New Floor?Several charts in the mining sector merit a closer look from our piercing headlamp and if gold and silver remain the talk of the town then these plays should hold plenty of upside. Mind you that the emotional and psychological aspects of trading gold miners and other metals are strong ...

It was a sleepy Friday on Wall Street as stock prices waxed and waned before closing the day lower by -0.14% to 1042. The S&P 500 snapped a five day winning streak but stocks still had a strong week for stocks as the index made a new 11-month high at 1048.Today on the Buzz and Banter Professor Smita Sadana gave her thoughts on the action in the S&P 500.  "However today is the first day when there could be valid expectation of mild downside action. Let’s go the charts for more."SP-500's 55 point rise since that note has taken it ...

Forget what the mainstream media has been shouting at you because here’s the tough truth: Business stinks. At least that’s what Eric Cinnamond is hearing from the companies he owns. Cinnamond is the lead portfolio manager of the Intrepid Small Cap Fund (ICMAX) which invests in companies with a median market cap of $923 million. Lately Cinnamond says the news from these pint-sized companies has been grim. “It is clear to us that we aren’t seeing a rebound like the mainstream media suggests ” Cinnamond says. “Most of the companies we follow aren’t managing their businesses for an uptick ...