Jack Chan
Technical Analyst & Editor
Jack Chan is the editor of Simply Profits, established in 2006. Chan bought his first mining stock, Hoko Exploration, in 1979, and has been active in the markets for the past 37 years. Technical analysis has helped him filter out the noise and focus on the when, and leave the why to the fundamental analysts. His proprietary trading models have enabled him to identify the NASDAQ top in 2000, the new gold bull market in 2001, the stock market top in 2007, and the US dollar bottom in 2011.
Jack Chan Articles
The consolidation in gold stocks continues. Gold sector is on major buy signal since early 2016. GLD is on short-term buy signal.
Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors. Both speculation and open interests are supportive for higher prices overall.
Long-term – on major buy signal. Short-term – on buy signals. Gold sector cycle is down. A major consolidation is in progress. We are holding some positions for long-term gains.
Both speculation and open interests are at levels of previous bottoms. Our proprietary cycle indicator is down slightly. Gold sector cycle is down.
Long-term – on major buy signal. Short-term – on mixed signals. Gold sector cycle is down. A major consolidation is in progress. We are holding some positions for long-term gains.
Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.
Gold stocks as represented by $HUI did not breakout as we thought it would, but extends its correction into a consolidation. The longer the consolidation, the more powerful the eventual breakout.
Both speculation and open interests are expanding, positive for overall higher prices. Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.
Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.
Gold sector is on major buy signal since early 2016. Major signals can last for months and years and are more suitable for long-term investors.
