• 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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  • Michael Lee
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  • AWP . Business . Closed-end fund . FHY . FSD . HQH . HQL . Investing . Market price . Mutual fund . NAV . Net asset value . Share price .

A myriad of closed end funds (CEFs) took a big hit this week on the back of concerns about the fiscal-cliff and possible tax increases. This CEF sell-off, however, has not been a result of an overall decrease in net asset values (NAV) and, therefore, may present a buying opportunity for many funds. (The net asset value of a CEF is the total value of all the securities in the fund divided by the number of shares and, therefore, represents…

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  • Michael Lee
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  • DJIA . Dow Jones Industrial Average . Exchange-traded fund . Level . May . October 2008 . S&P 500 . Support and resistance .

Since the election, all major indexes have turned sharply downward on the back of unresolved "fiscal cliff" issues. The S&P 500 and the Dow Jones Industrial Average are now approaching areas of significant support, leaving many investors on edge. The S&P 500 is trading near support around 1,300. It was a fall through this support level that ignited the further crash in October, 2008. Since that crash, the S&P 500 managed to climb back to this significant 1,300 level in…

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  • Michael Lee
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  • Apple . iMac . IPhone . MacBook Pro .

When Apple, Inc. (AAPL) hit $700 after the release of the iPhone 5 in September many wise investors felt that the stock was overbought and ready for a correction. But an over 20% fall through significant support at the $600 price level has come as a bit of a shock to even the savviest of investors. So when will Apple, Inc. find support? Let's first remind ourselves that analysts are still confident in Apple, Inc.'s worth and maintain a $767.00…

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  • Michael Lee
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  • Business . Consumer price index . Gold . Gold as an investment . Inflation adjustment . Kitco.com . Precious metal . Silver . Time .

Gold and silver appear to be making their long-awaited comeback from their Q4 2011 fall. But do they have enough left in the tank to continue toward, and possibly surpass, their respective all-time highs? Let's take a look. Many believe that the price of gold and silver increases, historically. These charts, from Kitco.com, show this seemingly obvious long-term uptrend on a 10-year time frame: But as most savvy precious metals investors know, when adjusted for inflation, this picture looks much…

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