With inflation remaining sticky, a banking crisis, and a rising gold/oil ratio, the moons could be aligning for a sustained breakout by gold to new all-time highs and a strong run in gold stocks. See this in the technical set-up that I explain in today’s ‘Closing Bell’ video…
Tech stocks are outperforming the rest of the market at the moment, so in today’s Closing Bell video, I thought I’d go hunting for an Aussie tech stock for you that has performed well after its quarterly report…
Markets have been dead all week, so I thought I would use this quiet patch as a good opportunity to do some education about my trading style for people who may be watching my videos but scratching their head about various aspects of my approach…
Quick summary: Despite the negative economic backdrop of slowing growth and high inflation, markets continue to rally. In today’s Closing Bell video, Murray points out how high stocks could go before encountering stiff selling pressure and shows you the bullish set-up in gold and gold stocks.
Last week, I said that the beaten-up gold sector was a happy hunting ground at the moment, with Westgold Resources [ASX:WGX] having a solid chart. WGX rallied 13% over the week. Today, I give you a detailed look at the WGX chart and point out where I think the price could head in the short term. The big picture remains bullish on gold…
I’m not sure if central bankers have stopped the banking liquidity crisis in its tracks with their actions, but they have certainly taken the wind out of the sails of the bears for now. Enough for me to issue three new trades this week! Watch the Closing Bell video for two small lithium stocks that I think may also be worth looking at. Enjoy!
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