Earlier in the Spring I blogged about how undervalued commodity stocks were and hinted that it could be one of the best trading opportunities of the year 🙂 So I explained how I invested $2,000 into some stocks and plan to sell when I can make at least $1,000 in profit. Well earlier today I sold all those… Read More »
Commodity prices are low and resource companies in Canada have lost quite a bit of value recently. But did the world really change that much since March to warrant such a huge sell off? Maybe, I don’t know. The price of gold dropped like a sack of potatoes last week. But even at $1400 per ounce, gold production… Read More »
This is a quick crash course on analyzing stocks using technical analysis, which is a term that describes how to predict future stock prices by analyzing past stock prices. I use tech analysis when I swing trade and so do most research analysts. Let’s use the stock I bought a couple days ago as an example, Goldcorp. First, the stock… Read More »
It’s only the beginning of the year and I’ve already made a big item purchase. Earlier today I bought 45 shares of Goldcorp Inc. (G.TSE) at $45.95 each. The price is very attractive, the company is well managed, and it’s financials are in great shape. This is a long term hold for me. I don’t care if it… Read More »