Stock Tiger Stalking Stocks™ Gold

For Thursday February 22, 2007  

Close

Dow -48.23 at 12738.41, Nasdaq +5.38 at 2518.42, S&P -2.05 at 1457.63

Only two days but we have had 18 watch list stocks hit their buy points and all made a profit.

Markets did little today but the Dow did pullback a bit which is good as it was at the top channel trend line so needs to pullback to make way for a move back up later.

Gold had a big move today. Stockcharts.com does not yet have the chart updated so cannot show it.

Even though some individual miner stocks have done well over the last several months the sector itself has not been very interesting. However at the moment there are several charts that look pretty good and that suggests that we may see an extended move in the coming days or weeks.

So I thought it would be of use to show you several of the charts on one page. If we have another day like today when the whole sector is moving these stocks may do well. I like to buy several in the group when I buy.

You can see here the XAU moved back above the trend line so a move at least to the 150 test could come pretty soon.

xau2102.png

A major buy signal would come on a break out over this trend line and a crossover of the moving averages as shown.

xaugold2102.png

NXG would trigger over $4.00

nxg2102.png

SWC (palladium) was a long term buy on the break over the trend at about $11 in November and now had a new break out today. If holding still for the long term then better to add on a pullback.

swc2102.png

GBN ended the day breaking out but may dip a bit to test the support of maybe a continuation buy.

gbn2102.png

CUP  (copper) would be a break out of this level over $4.45

cup2102.png

GOLD has both a trend line break and horizontal above $24.00

gold2102.png

KGC over $13.60 looks like a buy.

kgc2102.png

HL also broke out today a bit on huge volume

hl2102.png

SLW has a level that may be tradable over $11.00

slw2102.png

ABX broke the horizontal resistance today and has the trend line at about $32.80.

abx2102.png

And some non metals stocks for the watch list:

USG This was on our list but we took it off a while it pulled back but now back on with a level at $57.75 then at $58.50

usg2102.png

USNA  over $62.00

USNA2102.png

IKAN over $9.50 may take it to fill the gap and the 200-day EMA

ikan2102.png

FLR has a spike high at $90 but seems a buy over $88.00

flr2102.png

EYE also looks tradable over $39.00

eye2102.png

EVVV testing its recent highs and may try a break out.

evv2102.png

That's it for today - will see you on the weekend.

cloud

Almost - only 6 more days  on the words "Vote for It!" and help us finish of February in the top position so we do not have to then vote any longer.

Check the current Earnings Calendar on all overnight holds.

Check the current  message board also for other good stock candidates as there are several there right now.

If you use StockTiger mail you can access your account using simply my.stocktiger.com

If you would like a free StockTiger.com email address that uses the Google Gmail interface so you can check your mail from anywhere,  (you do not need a Gmail account) send me (ST) a personal message from the message board 

Include your First and Last name and the name you want to use. Your address will then be (your choice)@stocktiger.com

Best regards,

StockTiger.com

The Stock Tiger Stalking Stocks™ is sent using HTML as it is needed to display the charts and other images however a plain text version is automatically included for any using a text only mail reader though it is limited.

 

The Financial Ad Trader
The Financial Ad Trader