• Michael Lee
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After a dismal 2013, both gold and silver gave metal investors some hope with their optimistic bounce at the turn of the New Year. As of this writing, both the SPDR Gold Shares (GLD) and iShares Silver Trust (SLV) are up over 2%. Not a bad start to the year. But will this continue or is this just a dead cat bounce? Let's first discuss how horrible of a year 2013 was for those who were long gold and silver.…

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  • Michael Lee
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Equities have performed very well this year. That's no secret. As of this writing, the S&P 500 (SPY) is up over 23% YTD and the Dow Jones Industrial Average (DIA) is up around 20% YTD. My 50-equity portfolio, however, has significantly outperformed both. Some time ago, I read James P. O'Shaughnessy's book, What Works on Wall Street: A Guide to the Best-Performing Investment Strategies of All Time. It's a good read; informative but a bit dated and the findings have…

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  • Michael Lee
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When it comes to investment in the energy sector, there are a number of areas to look out for. Certain events and announcements can have a major effect on how the stocks work. For instance, drill results, production news, resource estimates, green ventures and similar news can greatly influence stock markets (for better and worse). These incidents are often termed as ‘catalysts’ for growth of energy companies. Like in the case of Texas, the deregulation of energy providers was a…

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  • Michael Lee
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Oh how I wish I would've been short gold and silver today (June 20, 2013). I had liquidated all positions for safety earlier this week in anticipation of the FOMC meeting outcome potentially moving the markets (and boy did it!). I had a brief moment of bravery yesterday and almost entered a short silver position, but I played it safe. Of course, I'm kicking myself for not having entered that short position yesterday. But hindsight is 20/20. And realistically, according…

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  • Michael Lee
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As gold has lost ground in seven of the past eight months, gold bugs have been looking for any kind of sign indicating a rebound for the metal. The recently established double bottom, $1350.00 for gold and $132.50 for SPDR Gold Shares (GLD), has sparked some optimism. But the violent sell-off last Friday, May 31, 2013, did anything but reinforce this optimism. Monday, June 3rd, 2013, however, was a new day and the beginning of a new month. So where…

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  • Michael Lee
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  • Budget . Credit card . Finance . Government spending . Home . Money . Personal Finance . Saving .

Most people will agree that the area of finances is one of the most challenging issues to manage. Keeping your finances under control involves a lot of discipline and determination to accomplish. Financial freedom can be achieved when your finances are kept under control. Here are some ways you can manage your finances well. Set a budget. Having a budget will help you spend wisely. Once you receive a pay check, be intentional in where you put your money—from your…

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  • Michael Lee
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  • Apple . Business . Investing . Market sentiment . Moving average . Stock . Superior mesenteric artery . Technical analysis .

Since Apple, Inc. (AAPL) met its death cross (definition below) in December last year the stock has fallen over 21%, from $545.00 to its current $450.00 price level. When it occurred with Apple,this technical trend signal was so widely publicized that the media seems to now have a deathly (pun intended) fear of the event, regardless of its validity. Before we look at gold and its impending death cross, the purpose of this article, let's first define what a death…

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  • Michael Lee
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With the speculation surrounding gold recently, many investors are wondering whether to buy, sell, or hold. As with all investments, the answer grossly depends on your time frame. First let's take a look at where gold is currently, via one-year and two-year time frames: A number of factors, including a strengthening U.S. dollar, a stabilizing world economy, and the absence of Chinese gold demand during its Lunar New Year holiday last week have driven gold to a six month low,…

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  • Michael Lee
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  • August . August 2012 . Business . Gold as an investment . Investing . Precious metal . Price level . Support and resistance .

The $1,650.00 price level has proven to be a significant one for gold over the past year. In the summer months of 2012, while below this price level, the precious metal found strong resistance at this level, failing to break above it until late August, 2012. But since climbing above $1,650.00 last August gold has, once again, used this level as strong support. The precious metal has flirted with this support level a few times in the past two months…

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  • Michael Lee
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The healthcare sector has been performing significantly well as of late and has consistently outpaced the S&P 500 (SPDR S&P 500 Trust ETF: SPY). When comparing the returns of the healthcare sector versus those of the S&P 500, healthcare has dominated on all recent time frames, including one year, year to date (YTD), three month, and one month. Here is a detailed look of these returns: Shown by the graph below, the healthcare sector began to outperform the S&P 500…

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