Prime Purchase Prospect

For those interested in gold exploration stocks, there is no finer fundamental prospect than New Found Gold (NFG).

Unfortunately, like the NEM's GPS chart here, NFG has fallen too, now more than 51%.

Click chart to enlarge

Time to Buy?

On 8/9/21 we noted "No amount of alleged positive seasonality trends, moon shot forecasts or other nonsense will save the day". This now includes a DSI of 10 plus today's full moon, as evidence the resource market bottom is in.

Those forecasts may well turn out to be true (in time). I too suspect we are real close but there is zero mathematical evidence to support it right now and suspicions don't count.

All else is wishful thinking.

When to Buy?

Once again, the answer is always in the mathematical trend. "A new daily trend is required to restart this failed engine of progress. This needs to be followed by subsequent positive thrusts from the weekly and monthly engines for a full bull market confirmation".

When a new daily develops, NFG will likely be a prime purchase prospect.

Trader Garrett

9/20/21

P.S. There are two other development candidates which already have large defined resources and are much further along in the turnaround process. If you want their names, just ask. It's free. Offer expires 9/30/21.

Gold Stock Index Update


Dr. Kern has shared his latest gold stock index outlook. Take a look at the current report here.

This presentation provides his current insights, based on 36 years of success, as described here.

Thanks.

9/12/21

The GPS Engine vs Resource Markets

"The countdown for this major launch will likely take considerable time and distance to succeed." TG

The resource market continues in a bear trend. But there is evidence this continuing downside journey will end.

Current Leadership Issues

Current upside leadership is lacking while leading the way over the ledge. This is clearly demonstrated in NEM's advanced GPS trend chart below. 

Click chart to enlarge

(Historical GPS examples under "The SAR - Plain & Simple" here)

Illogical Logic

A little over a month ago we noted:

  • "No amount of alleged positive seasonality trends, moon shot forecasts or other nonsense will save the day." 
However, we still have calls for a resource sector bottom any day now for various reasons, largely fundamental. 

Agree, this sector is mostly ignored, overlooked and forgotten. Undervalued, of course, but these conditions can go on far longer than one's resources or patience.

We also have numerous calls for a major S&P500 crash soon. If that event were to occur (zero mathematical evidence right now), it would drag the resource market down too.

We can all moan, groan and complain until the cows come home or we can sit on the sidelines until a new daily trend emerges. 

The GPS will help identify that trend.

Resource Market - Good News

As I told several people recently, "Longer term (once we bottom), it's my strong belief that the next 3-5 years will be truly exceptional".

I expect both a positive daily and weekly trend to be in place by early 2022. The GPS engine will help handle those assignments.

9/11/21

Related: 
TC2000 > For charts like the above and to create your personal chart/stock scan program. Review plans here with a Market Pendulum discount. Tutorials included.

Not Rocket Science!

If you have a three stage rocket engine designed to achieve orbit and only one stage kicks in, how far in time and distance will that journey last?

Continued here

Benchmarks of Performance

There are many articles, charts and links on this website with numerous recommendations and results. 

Nine specific stocks are still in progress along with other updates.

Those recommendations, records and results have been compiled and updated in summary form
 here.

Related: 
TC2000 - Create your personal chart/stock scan program. Review plans here with a Market Pendulum discount. Tutorials included.

Pathfinder Premiere is our valuable free research site for serious traders and investors only. Tutorials + clear Buy/Sell signals on all stocks/indexes. Seating is limited. Reserve your spot today!

Special Announcement

Market Pendulum is pleased to announce that Jeffrey Kern, PhD has appointed us an affiliate of the SKI system which generates accurate buy and sell signals using the USERX gold mutual fund. This is a unique and valuable resource for our readers. 

Dr. Kern is an academic psychologist with a specialty in the measurement and prediction of human behavior. As his only affiliate link, this appointment is indeed a great honor and I appreciate his confidence and trust.

In 1985, he created a totally unique math predictive program that analyzes the interaction of price & time in the gold market.

The SKI index formulas incorporate price, time, velocity and acceleration in a completely unique manner. The goal is to predict short (1-4 weeks), intermediate (1-2 months) and long term (years). The results have been highly accurate and successful for subscribers.

Continued here

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Market Pendulum

This section has indicators proprietary in nature. Feel free to imitate, duplicate or replicate the concepts presented for your own benefit. For Advanced Research Engines, click here

This can be accomplished by using this resource at a discounted price (courtesy of Market Pendulum). 

Additional useful trading instructions, concepts and ideas are provided in the Pathfinder SystemUnique Perspectives or in Trader Garrett's Library

Trader Garrett's posts and commentary on any subject are by special request only. Contact info is hereRecent commentary is here.

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Market Pendulum Program Links

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Comments from Readers

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"Let us return to the freedoms the constitution guaranteed us, the history of gold which financially guide us and the genius of common sense". ~TG