November 14, 2012 Another ridiculous panic type day because of worries of the fiscal cliff. The fiscal cliff doomsday scenario won’t happen. Congress will undoubtedly replace the fiscal cliff with a similar one much farther down the road, and thus push off dealing with it for a few more years. “Investors”, and I use the… Read more »
November 9, 2012 The whole market sold off this week after Obama’s re-election as President. Today’s headline was that this week was the worst week for the stock market in over 6 months. Silver Wheaton hit a low this week of 38.57 on Nov 6th, but closed today at 40.39. I like that the stock… Read more »
November 2, 2012: Both gold and silver were hit with big sells today. As I write this, gold is down $39.00 and silver is down $1.36, both substantial moves down and the biggest moves down in some months. So of course Silver Wheaton, which sells silver, is down. As of November 2nd, the stock has… Read more »
November 1, 2012: My order was filled today at 40.94. Immediately I place a sell-stop order at 37.40. This price was 8.64% below my purchase price, slightly higher than the recommended 7-8% stop loss, but it was the best technical spot for putting the stock, as it was below any recent lows and shouldn’t be… Read more »
October 30, 2012: I noticed a classic cup with handle formation forming on the stock Silver Wheaton. This stock has been a great winner so far, and has all the hallmarks of a great stock going forward – earnings growth, a leader in its field, institutional support, and so on. Today I placed a buy… Read more »
