Austin Galt
Austin Galt is The Voodoo Analyst. I have studied charts for over 20 years and am currently a private trader. Several years ago I worked as a licensed advisor with a well known Australian stock broker. While there was an abundance of fundamental analysts, there seemed to be a dearth of technical analysts. My aim here is to provide my view of technical analysis that is both intriguing and misunderstood by many. I like to refer to it as the black magic of stock market analysis.
My website is www.thevoodooanalyst.com
Austin Galt Articles
"Finally!” in English, “Por fin!” in Spanish and “About bloody time!!” in Australian. The belated rally in gold and silver finally got underway when it was least expected. The contrarian wins again!
The Market Vectors Junior Gold Miners ETF (GDXJ) is an equity index that provides exposure to small and medium sized companies that generate at least 50% of their revenues from gold and/or silver mining. It is listed on the American Stock...
Gold hit new lows in October so the bears are growling. Popular consensus seems to be they will continue to dominate the short term landscape. I suspect a bear trap has been set and they are about to be gored by the bulls.
Franco-Nevada Corporation (FNV) is the Big Daddy of the Canadian gold market. It is listed on the Toronto Stock Exchange (TSX) with a market capitalisation of around CAD$7.8b. Its main interests are its North American gold assets but it is...
Both gold and silver have had an uncharacteristic and bad month. Gold and silver usually shine in the month of September. Not the case this year. Quite the opposite really!
The wait for the next leg up in both gold and silver has been excruciating. Many bulls are losing hope and the number of bears appears to be increasing. As for me, I remain rock solid. I hold long silver positions and I must say I am not...
Both gold and silver have embarked on early week moves down. These moves reek of attempts to flush out the weak hands. Many of those bulls still remaining would surely have a good case of the heebie-jeebies right about now. While I am also...
The Dow hit a marginal new all time high during the last week. So let’s see where things stand there first. Before we get to the present, let’s take a quick look at the past. We can see the previous top in July was accompanied by triple...
The Dow continues its tremendous rally from recent lows. I have stated before that it is my opinion that this is a bear market rally. Has anything happened to change that opinion? Nope, but I’ve sure got a good case of the heebie-jeebies!...
The German index, the DAX, has been Europe’s shining light in recent years. But dats about to change if my analysis is correct. Let’s proceed with a top down approach beginning with the yearly chart to put it all in perspective.
