Recording of our first ever webinar!
Thank you everyone who tuned in to the first ever Korelin Economics Report Webinar!
Unfortunately our recording did not start at the beginning so what we have here is the second half. We would love to hear any and all feedback as this is a work in progress.
For those of you who could not tune in we will work with the program to sort out the bugs.
Please stay tuned for our next webinar in the near future.
Important – Nothing of what we talk about should be taken as investment advice! We are simply just sharing our thoughts on the markets and certain stocks.
A good lesson in technical analysis.
Today’s webinar was great Al – Cory – Doc. I liked the format, but did think it was better when Cory used the mouse to highlight the part Doc was discussing, but know he had his hands full answering questions.
The format of reviewing the Monthly – Weekly – Daily chart break downs for each equity covered (GLD, HUI, specific stocks) was great. I like that Doc & Cory both took time to explain some of the basics in technical indicators for Trend-lines, Moving averages, Wedges & Triangles, Bollinger Bands, RSI, MACD, ADX, and Slow Stochastics. Other than Japanese candle patterns, Elliot Wave & Fibonacci retracements, those are the primary things most technical traders use.
As for suggestions on stocks, commodities, or ETFs to cover – here are a few ideas:
1) What was missing was the Jr Miners!! – (GDXJ) would be the obvious choice for Jr Gold miners and relates also to those that trade (JNUG) or (JDST). I still like (SGDJ) better, but it isn’t as liquid or as followed as GDXJ.
2) (HUI) is often and sited and used as a barometer for the gold miners, but it is really weighted too heavy on the top 7 Majors, and I think (GDX) is a much better representation of the Gold mining complex with a far better number and balance of Majors, Mid-tiers and few smaller producers. (GDX) is a better representation of the gold miners than (HUI), but many have used HUI for so long as the proxy that it is just an old tradition. Once again, I like the weighting and makeup of (SGDM) better, but (GDX) is more liquid, and would directly correlate for those that also trade (NUGT) and (DUST).
3) The US Dollar index would be helpful, or at least the ETF (UUP).
4) (TLT) or (TBT) for the long term treasuries
5) For Oil and the Energy Sector the ETFs – (XLE), (XOP), and (OIH) would be good for each respective area.
6) What about SILVER? The obvious ETFs would be – (SLV) for spot, (SIL) for Miners, and my favorite (SILJ).
There are obviously tons of individual stocks that could be reviewed, but the beauty of the ETFs are that they are more general for a sector and may be more universal.
Thanks again Al – Cory – and Doc.
P.S. – Doc, I hope you bought enough cookies to share with the whole class 🙂
Shad, thanks for the suggestions—-this is what we need to ascertain what folks want.
You da Man! Really good show all around.
Here is another technical video chat on PMs, for those that want more analysis.
Precious Metals Market Update: A Technical Update on Gold – Jordan Roy-Byrne
http://palisaderadio.com/precious-metals-market-update-a-technical-update-on-gold-jordan-roy-byrne/
SFJ Three Out Standing Volume Supported Stocks Video, June 18, 2015
Morris Hubbart
http://superforce60.com/video/2015june18sfjthree/2015june18sfjthree.html
Shad had some excellent choices for a future discussion. Because me schedule changed today, I was unable to attend your webinar, and I am aware that you encountered technical problems that prevented recording the entire event. However, I have listened your recorded portion, and I wish to compliment all of you on a job well done. Al, I like your use of the term “family,” and I appreciate Doc’s gift as a teacher. Of course, I must also must not forget to complement and thank your moderator, Corey. May God continue to bless each of you and extend your collective days.
Thanks John. It worked out in my schedule where I could get on and see the whole show today. Recommended! Al/Cory/Doc did a great job for the maiden voyage.
Typing on a small phone keyboard produced a couple of noticeable errors, but I believe you get my intended comments. Thanks again for a job well done.
Thanks for posting the video Cory.
Appreciated the video, and the content.
Nice work.
LPG
It would be nice if you could still make the audio available as a download.
so I can put it on my ipod.
or even better a podcast.
That is the only way I have time to listen is with the podcast.
I don’t have time for a webinar
but I can listen to podcast while driving to work.
Here’s the Dow-gold chart with the 200 month exponential moving average included (Doc used the simple moving average). We can see that the EMA is currently providing support.
http://stockcharts.com/h-sc/ui?s=%24INDU%3A%24GOLD&p=M&yr=20&mn=11&dy=30&id=p09257512532
Only stockchart subscribers will be able to see the monthly chart.
FWIW, looking at the weekly chart with both the 50 EMA and the SMA, we can see that the EMA was violated fewer times than the SMA during the last two years.
http://stockcharts.com/h-sc/ui?s=%24INDU%3A%24GOLD&p=W&yr=3&mn=11&dy=0&id=p12496610890
Thanks for all the extra effort…………..sounds like you guys hit it out of the park.
The webinar was great. I have been involved with webinars and believe me there are always challenges of pulling it off. Doc did a great job of describing chart patterns and more education is certainly needed to sink into this old head of mine. Job well done guys, i look forward to future webinars as they will only get better.