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 top chart is the $HUI, and bottom chart is the performance ratio between $HUI and gold.
Many newer subscribers to our service are not familiar with the ongoing long term outlook we have on the gold sector in the past two years. It has always been my belief that the gold bull market as we have witnessed from the $255 low four...
This is a follow up to my last week's buy signal on the gold sector. If that buy signal succeeds, we are at the beginning of phase two of this generational bull market in gold and gold stocks. Many readers of my articles are passive...
The two year correction in gold stocks appears to be over !
Our trading model issued a buy signal today, ending the sell signal from early October.
In one of my previous articles written a few months back, I suggested that we are in a broad base bull market, and one of the charts I used for this purpose has just given us another major buy signal.
According to the big board, an IP3...
Introduction
We have been picking the bottoms in each swing cycle of GLD, with precision and at very low risk, so far successfully, with a simple tool which combines volume analysis and gaps. This is a follow up to previous article, and...
Spikes in gold
Since the gold bull market began four years ago, I have witnessed many spikes, and without exception, all these spikes gave back about 70% of their gains in subsequent corrections.
The long anticipated major breakout #3 occurred this week, therefore, we are no longer swing trading the ETFs, instead, we are looking at loading up on gold stocks, and for those under funded, a precious metals mutual fund such as RYPMX or...
