Interview With Palisade Radio On Uranium, Stage Analysis, Trend Following And Gold

At the end of last week I had a great opportunity to interview with Collin Kettell of Palisade Radio.  In the interview we discussed a wide range of topics including:

  • The Stage 2 breakout in uranium that occurred back in December 2016
  • How bull markets typically have an explosive start and finish
  • How I use Stage Analysis to identify and trade bull markets
  • The strengths and weaknesses of trend following systems
  • How the bull market in gold from 2016 started to fail at the end of the year
  • Other new bull markets besides uranium I’m looking at currently

Collin has done a lot of great interviews with other experts in the uranium space that I would highly recommend checking out at palisaderadio.com.

The Valeant Disaster And Why I Switched To Trend Following

Valeant Pharmaceuticals is a great example of why I switched my trading philosophy to trend following from an approach that more heavily used fundamental analysis. I’ve found over the years that big problems in either an individual stock or and index of stocks are hard to diagnose and determine the best course of action using pure fundamental analysis. Often you find that buying a dip in an emerging bear market can lead to disaster and big losses. Trend following using Stage Analysis provides simple rules that can be followed to avoid big downtrends whether they are in an individual stock or an index of stocks.

Lessons Learned From The Last Major Uranium Bull Market

Learning from the past is a great way to become a better trader and in this video I go over the last major uranium bull market from mid-2003 to mid-2007.  I discuss mistakes traders make when trading in a major bull market and talk about how critical it is to get positioned early in a bull market.  I also talk about how having a long term game plan can help you overcome the short term psychological stress that is caused when pullbacks occur.