*I would like to offer this update to the results of the Tomorrow's Trades (Today!) service I started 5 weeks ago and highlight a pair of new trades for tomorrow morning.*I have recommended a total of 18 stock purchases in the past 5 weeks, each with a specific buy and sell price. To date 9 of the trades have successfully closed, and 9 trades are still waiting for the suggested sell price to be hit.*In this timeframe, the HUI mining index has appreciated 2.5% for an annualized gain of 26%. *If the 9 currently open trades had been closed at todays closing prices, with those results added to the 9 already successfully closed trades, the capital gain would be 5.3% for an annualized gain of 55%. I made this calculation assuming that 10% of one's capital was devoted to each trade, and there were never more than 10 trades open at any one time.*For the first five weeks of this service the results suggest that my trades have slightly more than doubled the performance of the HUI mining index. So, I'm off to an OK start.*I have a couple of trade ideas for tomorrow. The first one is Cardero Resources Corp (CDY).* Click on any chart to ENLARGE*One of the "truths" of the True Strength Index (TSI) indicator is that when it is rising above the ZERO line, price is always rising. On this daily chart of CDY I have drawn a rectangle on the time frames that this "truth" was demonstrated. With today's price action the TSI began to rise above the ZERO line and I think the odds are very high Cardero's price is now going to follow though.*The other stock featured for tomorrow's trade is Endeavour Silver Corp (EXK). Again I have identified the time frames when the TSI indicator was rising above ZERO with rectangles. EXK appears primed to continue higher in the very near term.*To read the details of tomorrow's trades click Tomorrow's Trades (Today!). *To review the spreadsheet of past trade ideas and outcomes click see previous trades.*This is today's daily chart of the HUI miners index. The TSI indicator has begun to rise above ZERO and this bodes well for the beginning of a new rally in the mining stocks.*Finally, a brief look at the daily chart of the US Dollar (/DX). I am using this opportunity to demonstate the other "truth" about the TSI indicator. And that truth is that when the indicator is falling below ZERO, price is always falling. I have drawn a rectangle around those occassions on the chart.*The US Dollar TSI has an overhead trend line that it needs to break if it is going to get into rally mode. So far, quite the opposite is happening. The TSI is gently rolling over under the overhead trend line and if/when it crosses down through the ZERO line, its bye bye US Dollar.
Terimakasih anda telah membaca artikel tentang Tomorrow's Trades (Today!), HUI miners index and US Dollar. Jika ingin menduplikasi artikel ini diharapkan anda untuk mencantumkan link https://coinbasesum.blogspot.com/2011/03/tomorrow-trades-today-hui-miners-index.html. Terimakasih atas perhatiannya.