Trade that is Working? Silver

Silver - Large Pic w Bars

If stocks can't go higher, guess what can? 

SILVER.  The Global X Silver Miners (NYSEARCA:SIL) has moved up 7% in the past 5 trading sessions.  Year-to-date the silver mining ETF is up 22%.  Silver is sexy again.

Silver - Large Pic w Bars

Mastery reviews the stocks that did work this week.

For a second week in a row the major indexes closed in negative territory.  However Mastery did nail the bottom in the silver miners including Silver Standard Resources Inc. (SSRI) and Silver Wheaton Corp (SLW).  We also caught Facebook (FB) at its low and found a reason to hold onto T-Mobile (TMUS).

Silver Surfer

Just when you thought it was dead, Mastery nailed the bottom.

Last week we talked up silver and its miners in Back to the Gold and Silver Hedge (GLD, SLV, KGC, SSRI, SLW).  We hoped you listened.  They have finally bounced and the big winner is Silver Standard Resources Inc. (USA) (NASDAQ:SSRI).

 

Short Week, Quick Trades

Wall Street Bull

Four day trading week, let's make the best of it.

Reporting earnings this week is Costco (COST) and if they have something good to say it's a great sign for the American consumer.  It could be the reason to stay in U.S. equities for another week.

Die Hard Glass

Silver investors are as beat up as John McClane. Can they pull the glass out of their feet yet?

Silver and its Miners have been a volatile and disappointing trade for 2013.  However the shorts have poured into these stocks and raked in massive returns.  If you shorted Silver Standard Resources (SSRI), Silver Wheaton (SLW) or Pan American Silver Corp (PAAS) this year congratulations.  However the Hater-Aid fueled party could be nearing and end.

Waterworld - Costner underwater

Stocks that even the Smokers approve and good enough for 'the Mariner'.

Strange week for stocks and a short trading session thanks to Good Friday.  The Masters did find a few stocks of interest this week to review including Visa (V), PowerShares Water Resources Portfolio (PHO) and Endeavor Silver (EXK).  All that and more in the following 'best of' publications for the last week of March 2013.

Gollum

The Gollum sector of stocks - silver miners - are making a comeback.

Those filthy hobit-ses had stolen the share price of these 3 stocks, but recently they have bounced back. They are Endeavor Silver (EXK), Fortuna Silver Mines (FSM), and Great Panther Silver (GPL). Will the Silver Miners finally recover, or burn in the fires of Mordor?


Obama

Sorry shorts, silver stocks made a big comeback. 

 

Last week we highlighted 4 Silver Stocks that Deserve Attention.  Today all four names reversed course and bounced from their lows. 

Silver-Scottsdale

The price of Silver is off 40% from its 2011 high. Should you buy the dip?

Silver’s Open Interest is gaining and is well above 156,000.  Open Interest by definition is the buyers and sellers holding their positions overnight.   More and more positions are b

Beat Street Roxie

What stocks are worth doing the backspin over...these bad boys.

This week Chipotle Mexican Grill, Inc. (CMG) showed up on our radar and we believe its time for serious consideration now that its backed down in price.  The Apple (AAPL) bashing is way overdone and silver is worth a look. If you want to play with a $2 stock (and please don't bet the farm) consider Microvision (MVIS).  All that and more as we review the week.