Gold Prices Rising - October 17, 2013 - Buy NUGT

The price of Gold is rising 2% to 1306 this morning as Government signs a bill to end of Gov't shutdown and increase the debt ceiling.  At the start of 2014, we will be back in the same situation as the last two weeks.

Gold recently bottomed at 1251 and has made a higher low from 1179 back in July 2013.  Gold will have support at the 10 day moving average located at 1296.  If we see Gold hold this 2% move today and advance on Friday, we could be seeing the start of a break out.

How to play the rise in Gold?  I would buy NUGT.  NUGT is the 3x Long Gold Miners ETF and usually has big moves but the key is being on the right side of the trade.  If you are bearish on Gold here, buy DUST.  Always keep tight stop loss orders!!!

For more information in the top stocks in 2014, visit these links - Stocks 2014 - Top Penny Stocks 2014 - Stocks to Buy 2014

GLD - Gold ETF SPDR Gold Shares (GLD) Soars

August 18, 2011 - The most popular Gold ETF, SPDR Gold Shares (GLD), is hitting a new 52 week high today as gold prices spike and the stock market average move lower. There was noticeable weakness in European Bank Stocks overnight which is spilling over into the US markets. GLD is currently trading up 1.3% to $176.60 in pre market trading which is a new 52 week high.

SPDR Gold Shares (GLD) seeks to replicate the performance, net of expenses, of the price of gold bullion. The trust holds gold, and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemption of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the trust terminates and liquidates its assets, or as otherwise required by law or regulation.

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Oil & Gold Rise on Protests

By Tim - http://stockstobuy.org

WTI Crude Oil is rising 5% to $94.12 today as riots break out in Libya and Yemen. US Crude Oil is trading on the new April contrat today. Gold is back above 1400 as well.

It looks like some of my Top Stock Picks of 2011 will be up nicely tomorrow

PZG
HDY
KOG

Below is a list of the biggest public companies by market cap (in 000's).

XOM Exxon Mobil Corp. 84.50 420,750,976
AAPL Apple Inc. 350.56 315,039,936
PTR PetroChina Company Limited 135.44 257,291,488
MSFT Microsoft Corp. 27.06 236,560,224
RDS.A Royal Dutch Shell PLC 71.01 223,003,936
RDS.B Royal Dutch Shell 71.27 222,471,872
GE General Electric Company 21.44 221,085,392
BRK.A Berkshire Hath Hld A 127,640.00 205,278,496
BRK.B Berkshire Hath Hld B 85.05 205,164,000
IBM International Business Machines Corp. 164.84 203,163,312
HBC HSBC Holdings plc 58.61 201,721,248
WMT Wal-Mart Stores 55.38 199,186,704
CHL China Mobile Ltd 47.66 198,419,216
CVX Chevron Corp. 98.72 195,829,376
GOOG Google Inc. 630.08 195,110,720
JPM J P Morgan Chase & Co 48.00 177,711,376
PG Procter & Gamble Company 64.30 176,069,248
WFC Wells Fargo & Company 32.64 171,896,768
JNJ Johnson & Johnson 61.11 166,972,256
ORCL Oracle Corp. 33.68 166,679,360
T AT&T Inc. 28.57 165,420,912
BHP BHP Billiton Limited 92.39 158,648,944
PFE Pfizer 19.19 153,550,768
VOD Vodafone Group Plc 29.67 152,136,560
BP BP p.l.c. 47.93 145,885,072
BAC Bank of America Corp. 14.75 145,528,688
KO Coca-Cola Company 64.55 145,289,664
PBR Petroleo Brasileiro S.A.- Petrobras 38.00 143,118,384
C Citigroup Inc. 4.91 139,728,576
TOT TotalFinaElf S.A. 59.74 133,545,312
TM Toyota Motor Corp Ltd Ord 93.20 132,777,904
NVS Novartis AG 57.31 129,980,600
SLB Schlumberger N.V. 95.04 122,016,504
CSCO Cisco Systems 18.85 121,441,920
INTC Intel Corp. 22.14 120,317,472
AMX America Movil S.A.B. de C.V. 57.58 117,615,544
SI Siemens AG 133.84 117,548,224
TEF Telefonica SA 25.25 116,016,784
RIO Rio Tinto Plc 71.54 112,216,048
COP ConocoPhillips 76.62 105,828,280
PM Philip Morris International Inc 61.43 105,252,992
HPQ Hewlett-Packard Company 48.67 103,650,960
VZ Verizon Communications Inc. 36.62 102,838,384
PEP Pepsico 63.41 101,715,104
CEO CNOOC Limited 219.82 101,555,424
MRK Merck & Company 32.85 101,360,992
STD Banco Santander S.A. 12.65 101,296,848
E ENI S.p.A. 50.30 98,972,392
SNP China Petroleum & Chemical Corp. 109.39 98,885,592
GSK GlaxoSmithKline PLC 39.15 98,706,296
ITUB Itau Unibanco Banco Holding SA 23.19 96,436,520
BBL BHP Billiton plc 77.34 89,988,096
BUD Anheuser-Busch Inbev SA 54.90 89,868,744
SNY Sanofi-Aventis SA 34.75 89,553,248
QCOM QUALCOMM Inc. 59.19 88,937,832
EC Ecopetrol S.A. 39.98 85,133,952
UN Unilever NV 29.91 84,835,048
UL Unilever PLC 29.56 84,803,608
GS Goldman Sachs Group 168.04 84,171,048
ABV Companhia de Bebidas - AmBev 28.02 83,330,856
STO Statoil ASA 24.64 80,520,152
OXY Occidental Petroleum Corp. 107.37 79,779,704
RY Royal Bank Of Canada 57.89 78,542,800
HMC Honda Motor Company 44.49 78,472,368
MCD McDonald's Corp. 76.13 78,001,920
AMZN Amazon.com 186.50 77,967,480
DIS Walt Disney Company 43.56 76,690,160
MTU Mitsubishi UFJ Financial Group Inc 5.61 76,352,408
DCM NTT DOCOMO Inc 18.93 75,961,600
UTX United Technologies Corp. 85.01 75,922,528
UPS United Parcel Service 76.47 73,467,904
SAP SAP AG 60.31 71,747,344
ABT Abbott Laboratories 46.88 71,107,536
UBS UBS AG 19.94 69,697,296
WBK Westpac Banking Corp. 123.02 69,477,008
TSM Taiwan Semiconductor Manufacturing 12.81 69,223,504
TD Toronto Dominion Bank 81.35 68,836,144
AZN Astrazeneca PLC 49.38 68,336,888
NTT Nippon Telegraph and Telephone Corp. 24.61 68,318,760
SU Suncor Energy Inc. 44.90 66,148,064
CMCSA Comcast Corp. 25.67 64,758,520
NVO Novo Nordisk A/S 126.31 63,534,100
CMCSK Comcast Corp. 24.18 63,168,352
MMM 3M Company 92.96 62,871,852
CAT Caterpillar 105.86 62,791,172
BNS Bank of Nova Scotia 61.49 61,442,128
CAJ Canon 49.22 60,864,700
HD Home Depot 38.48 60,144,732
BCS Barclays PLC 21.40 60,034,060
V Visa Inc. 75.83 59,811,052
FTE France Telecom S.A. 22.55 59,570,752
MT ArcelorMittal 37.27 56,832,920
GM General Motors Company 36.51 56,675,512
F Ford Motor Credit Company 15.77 54,729,040
POT Potash Corporation of Saskatchewan Inc. 180.00 54,229,640
ABB ABB Ltd 24.15 54,090,948
CS Credit Suisse Group 47.63 53,974,480
KFT Kraft Foods Inc. 30.91 53,695,828
FCX Freeport-McMoran Copper & Gold 52.95 53,576,608
USB U.S. Bancorp 28.56 52,695,892
EMC EMC Corp. 27.18 52,519,488
AXP American Express Company 45.53 52,399,852
AMGN Amgen Inc. 52.24 52,390,000
BA Boeing Company 73.04 52,069,512
TEVA Teva Pharmaceutical Industries Limited 51.89 51,021,360
MO Altria Group 24.79 50,212,240
SLT Sterlite Industries Limited 14.36 50,074,420
ACL Alcon Inc 165.40 49,462,180
DEO Diageo plc 78.06 49,209,232
CNQ Canadian Natural Resources 47.90 49,074,712
NWS News Corp. 18.73 48,009,640
ABX Barrick Gold Corp. 51.40 47,988,620
DD E.I. du Pont de Nemours and Company 55.98 47,406,588
UNH UnitedHealth Group Inc. 42.84 47,341,340
BBVA Banco Bilbao Viscaya Argentaria S.A. 12.76 46,474,808
UNP Union Pacific Corp. 97.14 46,158,752
MET MetLife 47.65 45,843,920
ING ING Group N.V. 12.69 45,793,928
EMR Emerson Electric Company 61.78 45,438,128
MS Morgan Stanley 30.99 45,098,860
CVS CVS Corp. 33.06 44,731,700
HON Honeywell International Inc. 57.99 44,602,488
BMY Bristol-Myers Squibb Company 25.49 43,647,968
APA Apache Corp. 120.01 43,138,412
DOW Dow Chemical Company 38.54 42,644,712
HAL Halliburton Company 48.11 42,548,052
NOK Nokia Corp. 9.19 41,906,060
EBAY eBay Inc. 34.53 41,784,840
MDT Medtronic 41.27 41,511,320
LLY Eli Lilly and Company 34.60 41,086,488
TXN Texas Instruments Inc. 36.23 41,083,760
RBS Royal Bank Scotland Group Plc 15.69 40,956,320
MON Monsanto Company 72.39 40,142,328
NKE Nike 88.82 40,097,800
TWX Time Warner Inc. 38.18 39,967,968
REP Repsol YPF S.A. 33.74 39,446,088
IMO Imperial Oil Limited 48.90 39,379,448
DE Deere & Company 95.00 39,364,340
SCCO Southern Peru Copper Corp. 42.63 39,261,500
INFY Infosys Technologies Limited 69.37 39,041,588
WAG Walgreen Company 42.74 39,027,380
BK Bank of New York Mellon Corp. 31.69 39,024,680
CHU China Unicom Ltd 17.34 38,665,240
DVN Devon Energy Corp. 88.20 38,434,780
APC Anadarko Petroleum Corp. 80.96 38,403,428
TGT Target Corp. 51.90 38,277,140
DB Deutsche Bank AG 65.45 38,186,108
BLK BlackRock 206.67 37,844,752
PKX Pohang Iron & Steel Co. 108.42 37,089,352
MOS Mosaic Company 83.02 37,041,700
TCK Teck Resources Ltd 55.08 36,825,300
EPD Enterprise Products Partners L.P. 44.00 36,742,052
VMW Vmware 88.74 36,686,480
CL Colgate-Palmolive Company 78.42 36,650,200
SNE Sony Corp Ord 36.41 36,589,608
DTV DIRECTV 44.30 35,583,300
GLW Corning Inc. 23.23 35,274,180
BBD Banco Bradesco Sa 19.68 34,802,660
LVS Las Vegas Sands 47.76 34,428,232
TRI Thomson Reuters Corp 39.67 34,418,088
BMO Bank Of Montreal 62.25 33,875,912
ACN Accenture plc. 53.61 33,812,288
LOW Lowe's Companies 26.30 33,810,100
MITSY Mitsui & Company 370.50 33,384,352
NSANY Nissan Mtr Spon Ad 21.1900 33,362,890
MFC Manulife Financial Corp 19.18 33,282,648
WIT Wipro Limited 13.26 32,832,230
RIMM Research in Motion Limited 69.86 32,740,690
PNC PNC Bank 63.99 32,657,190
MRO Marathon Oil Corp. 49.51 32,620,460
COST Costco Wholesale Corp. 75.43 32,315,950
MA Mastercard Inc. 250.74 32,116,890
NOV National-Oilwell 80.18 31,862,890
GILD Gilead Sciences 39.30 31,443,650
CNI Canadian National Railway Company 72.30 31,390,380
NGG National Grid Transco PLC 46.65 31,274,140
SO Southern Company 37.87 31,226,240
DHR Danaher Corp. 51.79 31,030,120
NWSA News Corp. 17.71 30,975,590
SYT Syngenta AG 65.53 30,919,680
GG Goldcorp Inc. 45.05 30,830,020
CM Canadian Imperial Bank of Commerce 82.91 30,777,860
SPG Simon Property Group 107.94 30,666,840
BIDU Baidu 126.80 30,385,770
PRU Prudential Financial Inflation Retail 67.02 30,170,650
ESRX Express Scripts 56.77 29,794,070
BHI Baker Hughes Inc. 70.83 29,555,210
SSL Sasol Ltd 51.24 29,527,060
PHG Koninklijke Philips Electronics 32.55 29,316,970
LMT Lockheed Martin Corp. 81.81 29,069,540
LFC China Life Insurance Company Limited 58.13 29,055,290
PX Praxair 99.09 29,050,950
FDX FedEx Corp. 98.32 28,811,820
PUK Prudential Public Limited Company 23.67 28,765,140
GD General Dynamics Corp. 78.11 28,580,110
EXC Exelon Corp. 41.58 28,533,360
BAX Baxter International Inc. 53.03 28,192,340
NEM Newmont Mining Corp. 58.50 27,873,730
BCE BCE 36.41 27,808,140
CCL Carnival Corp. 45.70 27,687,110

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Stock Market 3/11/09 March 11, 2009

After a huge rally yesterday, stock market futures are pointing higher for pre market trading this morning. We are seeing a nice follow through after yesterday's gains.

Stock Market Report - March 11, 2009

All major stock market averages ended over the 10 day moving average yesterday. This is a technical breakout that could have legs. Keep in mind, it is just a bounce as all of these rallies have been. We won't know if 6500 was a stock market bottom until we go back and retest it. 95% of stock market bottoms are retested so i'd be selling into this rally. I can see the Dow going up to 7500-8000 and then failing.

Oil Prices 3/11/09 - I noticed yesterday that Nymex crude oil hit a high of around 47.90 and then started to roll over. Oil is now trading at $45 in pre market this morning. I'd be cautious buying oil on this dip. We are still stuck in this range between $35-$50 and right now we are near the higher end. I did notice T Boone Pickens call for oil prices to go to $60 before $40 but he has been wrong since Oil broke down in July. Also, there are around 60 million barrels of oil sitting around in tanker ships waiting to be unloaded in the $50's.

Gold Prices 3/11/09 - Gold is trading around $900 and is technically broken. There is a ton of supply that came from people pawning in their gold when it was near $1000. I think the gold trade was overextended and I will look to reload in the mid to low $800's. I have no doubt that Gold prices will again go and stay above $1000 eventually.

Stock Market March 11, 2009 - It looks like the bank stocks are hot once again, Bank of America ( BAC ) is above $5 in pre market. I would keep an eye on FAS, if you see that stock start to break down, the stock market will correct. Another stock to watch is GE. Here are a list of stocks that could perform well today. Here is a list of the Top 10 Stock Gainers of 2009. Enjoy!

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Stock Market 3/5/09 March 5, 2009 Wall Street Report

Today, 3/5/09, the stock market futures are indicated lower after the quick sell off at the close yesterday. This has happened during the the past 4 trading sessions. That final 15 minutes can be brutal. Oil prices are falling to around $44 as Gold prices are rising to $916. The following news is the reason the stock market will be down today.


Wall Street Report - 3/5/09

General Motors ( GM ) - GM auditors raise doubts on automaker's viability, GM auditors cite losses, lack of cash flow in raising doubts about its viability.

General Motors Corp.'s auditors have raised "substantial doubt" about the troubled automakers ability to continue operations. The company revealed the concerns, raised by the accounting firm Deloitte & Touche LLP, in its annual report filed on Thursday. Full Article

General Electric ( GE ) - Keith Sherin CFO was on CNBC this morning and said the selling due to the potential capital risk is overdone. " There are no triggers that would put sudden strain on cash position. "
- GE Capital will be profitable during the first quarter
- Only 2% of GE capital is subject to mark to market

General Electric shares have tanked over the past several weeks on fears of a rating downgrade. Yesterday, Bill Gross talked about what he thinks is going on.

Also, if GE stock would fall below $5, most Mutual Funds would be forced to sell due to the fact that they don't holds stocks under $5. You saw this happen to Citi and B of A stock.


Other factors causing today's stock market plunge are the bank stocks. BAC and HSBC are both significantly lower in pre market trading.

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Stock Market 3/4/09 March 4, 2009 Dow Jones Report

Today, 3/4/09, the stock market futures are indicated higher after the quick sell off at the close yesterday. Oil is really spiking this morning and gold prices are slightly higher.

Last night, there were two companies the the tech sector that disappointed.

- Google Inc. (GOOG) Chief Executive Eric Schmidt said Tuesday the economic situation is "pretty dire," adding that he does not expect to see improvement until 2010
.
"Everyone is assuming 2009 is a tough, tough year. Schmidt struck an optimistic note when discussing Google's opportunities in the mobile search and display advertising businesses. He predicted that mobile search ad revenues would surpass PC-based paid search sales with a "few years," as opposed to a few decades.

Schmidt pointed to Japan as a leading mobile market in which Google has established partnerships with two of the top three mobile providers. He said the company is now attempting to replicate those types of deals, with the "obvious prize" in China.

- Palm Inc. (PALM) warned that its fiscal third-quarter sales would be well below Wall Street expectations, illustrating the rapid decline of its aging product portfolio.

With no new products hitting the market, few were expecting much until the launch of its Palm Pre later this year. But no Wall Street analyst anticipated such a dire performance.

"The much-anticipated launch of the Palm Pre remains on track for the first half of calendar year 2009, but as expected we've got a difficult transition period to work through," said Palm President and Chief Executive Ed Colligan.

If the Nasdaq breaks the 1295 low, it could get really ugly. Just look what happened when the Dow broke 7449 and S&P 500 broke 741.

Check out my technical analysis of the stock market for support levels and resistance levels.

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Stock Market 3/3/09 March 3, 2009 Dow Jones Report

The Stock Market Futures are indicated higher in pre market today, March 3rd, 2009. After Asian Market hit fresh lows last night they began to bounce. The Nikkei 225 index was only down 50 points. The Reserve Bank of Australia was expected to slash interest rates but they ended up keeping rates the same. This is viewed as very good news for the world markets, or atleast down in Australia.

Pre Market so far indicates that bank stocks are going to get a bounce today. Citigroup is back to $1.34 Up 11% and Bank of America is up 5%. Keep in mind, this can all change very quickly!

This afternoon Auto Sales come out for the big 4 auto makers which includes Toyota. Sales are supposed to be horrible but for the most part they are already priced in.

Gold is falling again to support of around $925, the next support level for Gold Prices would be around the 875 area. Oil is rising to around $41 after falling hard yesterday. Oil was actually trading around $39.50 last night at one point.

The biggest events besides auto sales today will be separate hearings, in Washington, from Timothy Geithner and Ben Bernanke. The market could move on things that they say or new information revealed.

Check out my technical analysis of the stock market for support levels and resistance levels.

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Stock Market 2/27/09 - February 27, 2009

Today, 2/27/09, the Stock Market Futures are lower this morning as the financial stocks are tanking in pre market so far. Citigroup ( C ) is trading at $1.95 as we get additional details of the government 40% stake in the company. Below are some of the things I will be watching today.

Stock Market - Things to Watch - February 27, 2009

• Financial Stocks are tanking - new details on the Citigroup stake by the Government reveal that this company is toast and the Government has basically taken this bank over.
  
• FAZ rising, FAS tanking
• GDP Figure Due out at 8:30am - Update: Down 6.2% Yikes!
• Gold spiking back up after hitting support around the $925, 930 level - Gold is $953
• Watching the key technical support levels for the markets... Dow 7105, S&P 500 741, Nasdaq 1384....in pre market, the Dow is testing 7000 and the S&P 500 is 731

Today's Biggest Stock Market Gainers - Top 2009 Stock Gainers - Top 2009 Penny Stocks - Baltic Dry Index

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Stock Market 2/18/09 February 18, 2009

Today, February 18, 2009, the Stock Market is getting a small bounce in pre market with 30 minutes left to go before opening bell. President Barack Obama will give a speech at 12:15pm Est about a potential housing plan to stop foreclosures. Details are starting to come out and this plan actually looks really good!! The Stock Market Futures are rising as I am typing. There are many incentives in this plan that will actually help the housing market. This is an actual blue print for action versus Timothy Geithner's bank rescue goals that tanked the market. I am expecting a pretty nice day now!

Update 10:15am - Markets are testing lows....they do not like this housing plan afterall! We could see a rally when Obama starts talking later today. Drys turned out to be a false alarm but I will keep watching it.

What to Watch - Stock Market 2/18/09

MBIA ( MBI ) - Ambac ( ABK )
Dryships ( DRYS )
Nasdaq Resistance of 1500 & Nasdaq Support of 1434
Dow Jones Resistance at 7774, Dow Jones Support at 7500 and 7449
Bank Stocks BAC, C, FITB
Sentiment is still bearish despite the bounce we are getting this morning
Gold Falling ( $966 )
Oil Flat at $35

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Stock Market 2/17/09 February 17, 2009

Today, 2/17/09, the Stock Market Futures are tanking as we have the markets breaking fresh yearly lows due to General Motors ( GM ) needing more money and the Japan Recession Deepening. We are also breaking down technically as the Dow will open around 7650 and the S&P 500 around 800-804 support.

The Dow Jones has support around 7500 but if the 7449 low is broken, things could deteriorate quickly. People calling for Dow Jones 6000's could get their wish in the next few weeks.

We all know where this started! It started last week with Timothy Geithner's failed bank rescue plan where we got a rough draft versus a blue print for actual action. Tomorrow at 10:15am Est President Obama and Timothy Geithner will talk about a plan to stem foreclosures in the housing market. This could give stocks a temporary bounce. Gold is breaking out to the upside, $965 per ounce.

It could be a rocky day....watch Dow Jones at 7500 and S&P 500 at 800....the end of the day will be important. Who knows, we could end the day in positive territory, it has happened before!

Update: 10:30am Est - Dow Jones 7582, bouncing off lows -- S&P 500 794, bouncing off lows as well -- Nasdaq 1479, bouncing off lows

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