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Gold Update

Gold has been on fire! Up almost 10% over the past month. I would be more thrilled about gold’s run if it hit my down side target first. The March 3 Profit Radar Report featured this longer term projection for gold (yellow lines, chart below). Barron’s rates iSPYETF as “trader with a good track record” and Investor’s Business Daily says: “When Simon says, the market listens.” Find out why Barron’s and IBD endorse Simon Maierhofer’s Profit Radar Report. The March 13 Profit Radar Report provided this shorter term roadmap and target levels for a buyable... -iSpyETF

Stocks Gain After Fed Meeting

Stocks rose on Wednesday, bolstering their gains for the month, after the Federal Reserve opened the door for looser monetary policy in the near future. The Dow Jones Industrial Average finished positive 38.46 points to 26,504 The S&P 500 added 8.71 points to 2,926.46. The NASDAQ Composite reacquired 33.44 points to 7,987.32 Health-care stocks, which typically perform well after the Fed cuts rates, were the best performers on Wednesday. The sector rose 1%, led by gains in Allergan and DaVita. Banking stocks moved downward, Citigroup, Morgan...

New Dimension Reaches for Stars

With the outlook for stocks brightening this month, one area to focus on is the gold sector, where one Vancouver-based company is reporting prosperity. New Dimension Resources Ltd. (TSX-Venture:NDR) reported Tuesday that 92% gold recoveries have been returned from preliminary bottle roll leach tests performed on two high-grade, composite drill core samples from the Calandria Norte and Morena vein/breccia zones at the Las Calandrias Project. The leach tests were performed in the B.C. town of Parksville, by Blue Coast Research, with the main...

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