first majestic silver

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

Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of April. Long-term – on major buy signal. Short-term – on mixed signals.
Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of March. Our core positions are deep in the money, and shall wait for the next cycle bottom to add to...
Our proprietary cycle indicator is up, but has reached levels of previous tops. Gold sector remains on long-term buy at the end of March. Gold has made a new high, while $HUI made a lower high, thus resulting in a divergence. Divergences...
Our proprietary cycle indicator is up, rising from the lowest level in years. Gold sector remains on long-term buy at the end of March. GLD is on short-term buy signal. GDX is on short-term buy signal.
Our proprietary cycle indicator is up, rising vertically from the lowest level in years. Gold sector remains on long-term buy at the end of March.
Our proprietary cycle indicator is up, rising from the lowest level in years. Gold sector remains on long-term buy at the end of February. 
Current market condition has wreaked havoc in all sectors, stocks, ETFs, currencies, and bonds. Gold sector was enjoying a nice uptrend since bottoming in 2016, and that too, was derailed, as liquidity became tight.
Our proprietary cycle indicator is down, now at the lowest level in years. Our ratio is on sell signal. Speculation is pulling back from the recent new high.
Our proprietary cycle indicator is down, but now near level of previous bottom. Gold sector remains on long-term buy at month end.
Our proprietary cycle indicator is now down. Long-term – on major buy signal. Short-term – on sell signals. Gold sector cycle is down. We are holding long-term positions, and may add to positions upon the cycle bottoming.

The purity of gold is measured in carat weight.

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