RE: Investor Method Watchlist
As noted in the Stan Weinstein Stage Analysis thread here: http://stageanalysis.net/forum/showthrea...09#pid6509, Gold has broken out to new 52 week highs in multiple major currencies around the world excluding the USD, and moved into Stage 2A last week and followed through strongly this week. So for most traders outside the US, gold is in early Stage 2A - See attached below:
Gold stocks are also the leading sector since the start of the year due to this strength in gold, and so I've gone through the US and Canadian listed miners again and found a few additional juniors for the watchlist to add to last weeks stocks that I highlighted a few posts back.
RIO.TO - is attempting to make it’s initial Stage 2 continuation breakout after a failed breakout attempt in mid 2013. But it's recovered back to those levels and so is looking more promising again.
KDX.TO - Stage 2 continuation breakout on 2.94x average weekly volume. It consolidated sideways in Stage 3 through 2014 after a strong Stage 2 advance in 2013 and has made a strong Stage 2 continuation breakout attempt in the last week.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.