CEO Technician

10 year veteran trader & portfolio manager focused on US/Canadian equities, precious metals futures, US Treasury bond futures, and foreign currency utilizing a technical approach with a deep macro-market understanding.

Articles by CEO
POSTED ON February 17, 2016 BY CEO Technician

Noted technician and fund manager J.C. Parets has been a long time friend of CEO.CA and E&G. Yesterday he put up a tour de force post on gold and gold miners highlighting the significance of some of the recent price action over various time frames and relative to other asset classes. We have selected a… Continue Reading

POSTED ON February 11, 2016 BY CEO Technician

Less than a month ago nobody wanted anything to do with the yellow metal, now suddenly everyone is bullish on gold and the herd is cramming through a narrow doorway trying to get long: GLD (Daily) The GLD exchange-traded fund has gone parabolic with a daily RSI(14) of 84.53 and a Force Index(13) that is… Continue Reading

POSTED ON February 10, 2016 BY CEO Technician

Since topping out above US$4.50/lb in 2011, copper has fallen by more than 50% to a recent low of $1.94/lb. The 5-year copper bear market can be primarily blamed on soft Chinese demand and bloated Chinese copper inventories resulting from the 2009-2010 Chinese economic stimulus plan. But there are some technical signs that the copper… Continue Reading

POSTED ON February 07, 2016 BY CEO Technician

Via Energy and Gold.com: Some stats about the current rally in the gold miners (GDX): +37.50% in 13 trading sessions GDX has gone from 3 sessions dipping below the lower 2-std. deviation Bollinger Band (January 19-21) to 3 consecutive closes above the upper 2-std. deviation Bollinger Band (February 3-5) GDX has rallied at least 5%… Continue Reading

POSTED ON February 04, 2016 BY CEO Technician

Sabina is fully funded through environmental assessment and permitting phases World class management team with history of success in bringing Arctic projects to acquisition and/or production Completed feasibility study with 24.2% post-tax IRR at US$1,150/oz gold price Back River life-of-mine all-in cash cost of US$763 per ounce One of the best performing junior gold explorers… Continue Reading

POSTED ON January 27, 2016 BY CEO Technician

Via Energy and Gold.com: The gold miners (GDX) rallied for a 6th consecutive trading session today making for a 14.5% gain since last Tuesday’s all-time low at $12.40:   GDX (Daily) In the last few years a six session winning streak in GDX has happened only twice (August 2014 and May 2015) and both times turned… Continue Reading

POSTED ON January 22, 2016 BY CEO Technician

Via Energy and Gold.com: A large institutional trader decided today was a good time to put on a large and slightly complex options trade in the XLE (Energy Select Sector ETF ). This options trade which is called a risk reversal involved buying 30,000 June $61.50 strike XLE call options for a debit of roughly… Continue Reading

POSTED ON January 19, 2016 BY CEO Technician

Kaminak Gold is one of the few junior gold explorers moving full speed ahead with its flagship Coffee Gold Project despite challenging market conditions; the economics at Coffee are simply too compelling.    Last week Energy & Gold had the opportunity to catch up with Kaminak Gold (KAM.V) CEO Eira Thomas and VP of Corporate… Continue Reading

POSTED ON December 30, 2015 BY CEO Technician

Via Energy and Gold.com: The Russell 2000 (IWM) has been testing an important area of resistance for the last few days:   IWM (Daily) This resistance near $115-$115.20 on the IWM also happens to line up with the flat 50-day simple moving average and the 38.2% Fibonacci retracement of the June-August decline. It is fitting… Continue Reading

POSTED ON December 26, 2015 BY CEO Technician

Via Energy and Gold.com: This chart from RBC Capital Markets Research shows that non-precious metal mining shares are almost as cheap as they were at the depths of the 2008 Global Financial Crisis market crash:   According to RBC non-precious metal mining shares are currently trading at a ~47% discount to net asset value (NAV).… Continue Reading

POSTED ON December 17, 2015 BY CEO Technician

Via Energy and Gold.com:   “100 years of history proves that the Fed is clueless. The mismatch between interest rates and risk today is absolutely insane. My opinion is that the whole financial system is going to blow sky high.”   The Energy & Gold team had the pleasure connecting with legendary metals blogger and… Continue Reading

POSTED ON December 17, 2015 BY CEO Technician

Miami-based yoga instructor Jeska Brodbeck reveals powerful tools to achieve your peak performance.  Jeska Brodbeck is a full-time private yoga teacher based in Miami, Florida. Jeska was trained at one of the top yoga schools in the U.S., Kripalu Center for Yoga & Health in the Berkshires, Massachusetts and has practiced yoga for over 12 years.… Continue Reading

POSTED ON December 16, 2015 BY CEO Technician

Via Energy and Gold.com: A sea of green across U.S. equity markets today:   S&P 500 Heat Map Perhaps most interesting was that gold miners (GDX) rallied nearly 4% as gold added $17/ounce:   GDX (Daily) GDX has spent the 2nd half of 2015 repeatedly testing support in the $13-$14 area. Given that the ‘bad… Continue Reading

POSTED ON December 12, 2015 BY CEO Technician

Via Energy & Gold.com: The Federal Reserve finds itself in a tricky situation heading into Wednesday’s FOMC announcement. There has been a considerable build-up over the past several weeks (primarily from strong employment reports) which has led to the market anticipating a 25 basis point hike the Fed Funds Rate. However, the shakeout in the… Continue Reading

POSTED ON December 11, 2015 BY CEO Technician

Via Energy and Gold.com: Since the odds of a Fed rate hike at its December meeting shot up above 80% gold has actually outperformed the S&P 500: Gold vs. S&P 500 since November 20th     This outperformance is widening further today as gold is .4% higher on the session while the S&P 500 is… Continue Reading

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