As we move into October, there is several long positions I would suggest investors should be in. Pay attention class, or you will be paying the piper as your trading account gets sucked dry...

• Short stocks, downside target this coming week is ~950 on the $SPX; possibly $SPX 22%-25% crash over into mid-October (~800-850 range); for $INDU its 7700.
• Long 30yr Bonds
• Short Crude oil from 72/barrel level
• Long the USD Dollar from 76-77 level
• Short Gold
• Long Wheat/Corn/Cattle
• Short Natural Gas this coming week, carefully, it moves around a lot

I'm in no uranium equity positions at the present time.

I decided to sell 1/2 contracts in $ABX today becuase the short-term profit target was reached. The next focus is the silver market trade. The silver seasonal if actioned on Thursday close would be achieved with the #SLV iShares ETF. Silver trader daily sentiment is at 93% so the silver trade I planning for Sept 17 has a short leash and probably should be exited by Sept 23 to maximize profit.

On the uranium side, numerous stocks popped to the upside and it looks and feels as a short-term rally to remember. $USU followed the rally and rose 3-4%. I make a comment though be cautious on the bullish 'overstatements' as this is still a short-term uranium rally IMO that likely stalls mid-flight when gold tops in about 6-10 market days and US dollar bottoms. Daily Sentiment Index (trade-futures.com) shows 92 percent stock bulls. High bullish sentiment means a top is near.

TradeTech (--> see link on right sidebar), the market's (and my utility company's rich uncle) uranium broker has an interesting piece on U3O8 price: "One reason for the lack of buying interest is the continued uncertainty about future supplies that may become available due to the US Department of Energy’s (DOE) proposed plan to release material to raise funds for decommissioning and decontamination." Market price for spot uranium has fallen for months now, but I wouldn't read too much into that in terms of uranium stock prices.

I decided to sell the remaining contract with $PCAR (PACCAR) to rebalance current trading equity with risk management for other moves this week. I entered a gold stock position on $ABX (Barrick) close Monday on seasonals. The silver seasonal if actioned on Thursday close would be achieved with the #SLV ETF. The US dollar doesn't feel to be have bottomed yet, but when it does a top in gold and silver is likely in place. The real question is being patient and waiting for the breakout of gold and silver. If it failes to breakout which is always a probablity, well thats why you use trading stops and move on to the next trade.

On the uranium side, I made a comment if you were agressive on Uranium One you could profit and continue to do so. It gained about 4% today (Sept 15) from significant oversold levels. Other uranium stocks did well today, including Pinetree, Cameco, Denison and Extract Resources.

Rick Mills in his Ahead of the Herd newsletter touted two junior uranium stocks recently on the Cdn Venture Exchange. There were Uracan Resources Ltd. (URC.V) and Kivalliq Energy Corp (KIV.V). Both seems like solid plays for their uranium (and potential) discoveries. Perhaps the best news for these two venture caps is their U3O8 reserves are in Canada and not less stable geopolitical area around the world. My trading strategy doesn't involve small caps, venture listed stocks or day trading, but I'm sure venture stocks appeal to some traders who want to place a more spectulative bet.

I haven't posted for while. Lots has happened in a month in my trading as the market indices more or less sideways to up.

In a review of previous stock positions taken the last month, we took profits in $EK and are out. We are out of $GENZ and $TWX as well with profits. The current position with $PCAR (PACCAR) is 2/3 sold with one third remaining. A target sell date has been set for Sept 15 for the remaining one third unless daily technicals say otherwise. A position in $DF (Dean Foods) hasn't much done much for a week, but hasn't stopped out yet, thereby we are still hanging onto obviously until proven otherwise.

On the uranium side, I finally felt convinced to take a position on the an uranium stock, $USU on Friday. It triggered a daily momentum cross so I like my odds. Uranium looks to be turning up again as a sub-mining sector due to recent positive action on Gold. Uranium One (UUU.TO) made another three month intraday low on Friday and if you are a more agressive trader its time IMO, to rejoin this one Sept 14 onwards.

So Gold. We cracked the thousand USD barrier the second week of Sept. I have a seasonal trade in Gold set to trigger on close Sept 15, and a Silver seasonal trade on close Sept 17. This is the bigger bull move worth waiting for that could last 1-5 weeks. The upwards target is 1100-1200 with the downwards risk being daily closes below the 960-970 range indicating the opposite will occur; accelerate down to 700 USD. One uranium weighted stock that was benefited recently from a higher weekly gold price has been First Uranium (FIU.TO) because of their gold exposure. Gold becomes seasonally weaker into October, but Williams AccumDist has been positive over a 57 day MA since early August.

Another great upcoming opportunity is the coming bull market in NYMEX Nautral Gas. Right now Sept 30/09 appears to be a good future target to benchmark the bottom. If Natural Gas is trading down to 2.00 an unit by then, odds look good for sustained multi-month (maybe multi-year) move upwards. In the energy sector they is good seasonal trades coming next week on Crude and Heating Oil as well.

It was time today to sell 2/3 of long positions in Eastman Kodak (EK) opened two weeks ago. Since the major market indices have been trading sideways lately (ie. DOW/S@P), today's action smells of meaningful correction. A long position in Time Warner (TWX) was opened at close today as the next seasonal trade; stop loss is at 26.67.

Gold is astrologically potentially explosive from Aug 14 to Aug 26, a range from 3 to 9 trading days. Today saw a correction down to support at the 948 area which was enough to setup a bullish trigger for next week. Williams AccumDist has been positive over a 57 day MA since early August, but it would be a long, rough trade, IMO, only up about $20 USD/ounce. Assuming you used a Gold ETF as a trade mechanism, I would rather wait out for the bigger bull move.

Obviously, then, uranium could benefit from a Gold price clearing a thousand. I have been watching USU as a momentum trade, but it hasn't triggered yet. Chart for USU coming later tonight.

On end of week August 14 action, many uranium stocks were flat or continued to fall backwards. Of the major caps, USU was the largest percentage gainer at almost 6%. Junior Energy Fuels - ETF.TO spiked up over 10%, while Pinetree - PNP.TO was slamed down over -8%. Cameco I thought managed to ride out today well considering the profit-taking occurring from the spike up in share price Aug 13. Aug 12 Cameco released second quarter results.

Eastman Kodak (EK) had a nice spike up today of over 20%, but how sustainable is it? There is too much small trader euphoria and bullish sentiment climbing to extreme levels. A meaningfull correction is due soon.

FSY.TO had a huge jump today on massive abnormal volume, so something is definitely up here. CCO.TO and LAM.TO also saw significant daily gains. USU is still treading sideways and hasn't approached a momentum trigger yet; it might take several days to acheive that goal.

I moved out of two-thirds of my $GENZ (Genzyme General) shares by June 30. Momentum is still forward looking for the remaining one-third on GENZ. The $EK (Eastman Kodak) trade was almost stopped out and is being watched carefully since is might just fold. Both these stocks proved this week a whiff of negative news and investors panic, regardless of rational thinking.

Once Gold gets to a sub-900 target, 880-860 possibly, I'm very bullish on buying Gold on a dip before Aug 14. Gold jumped a large amount July 31 showing another head fake to fool investors (and uranium investors) to buy into gold/uranium sector stocks right now. (Gold moves to the Dec contract the first week of August) There was tepid volume across the stocks July 31 with iconically one of the better plays of late, FSY.TO, getting hammered down by almost 8%. I'm watching Usec Inc. (USU) as its technical momentum slowly turns upwards and a buy trigger will form in the coming weeks. I'll post a chart when the buy trigger happens.

Seasonal play $GENZ (Genzyme General) is moving along as expected. A bullish momentum setup was triggered and the trade is sill on the right side of the parabolic stop. The next seasonal trade is $EK (Eastman Kodak) bought on open July 28. Stop loss is 3.05, BES is 5.64.

Gold fell big today as previously stated it would on this website. It has more to fall, at least another 30-40 USD on spot price, with 880 possibly being another downside target. In turn uranium stocks reacted badly with few winners. (FSY.TO was one exception) On Tuesday you saw a replay of Uranium One and First Uranium in previous months losing a huge chunk in value in one day. This time it was Usec Inc. (USU) the current bad uranium newsmaker, and it got hammered with a huge volume uptick of over 50 million shares. In my mind uranium stocks become a serious buy in about 2 weeks just before you want to go long Gold in mid-August.

$AMGN reached my first profit target today and we halfed the position taking profits. The next seasonal play is $GENZ (Genzyme General) bought on close July 24. Stop loss is 49.56, BES is 54.30. $GENZ went bullish divergent on its daily chart so it looks good so far.

The action in uranium stocks this past week is very indicative of the current topping process in the price of Gold. I see no urgency to be long Gold until mid-August from a trader perspective and this carries over to many of the uranium stocks. Not much happened on Friday in the uranium index other than Uranium One rising over 4%. It should be noted however, there has been some interesting plays such as FSY.TO and EXT.TO that have done well in the previous weeks,

The update on my current $AMGN trade is still holding it. It has almost reached a first profit target, but needs to reach that target by close of trading on July 24. If not, the stock is dumped and we move onto something else.

The action in uranium stocks Monday and Tuesday this week is very indicative of the current topping process in the price of Gold. There was a large uptick on Monday, perhaps some late profit-taking and then a flat Tuesday. There continues to be no long-term momentum signal to go long on Gold and seasonally the next long Gold entry should be the back half of August.

A flat day for uranium stocks on thin volume. Uranium One ($UUU) led the volume with over 8 millon shares traded. I still have some FIU remaining which is probably being exited on Monday.

Recapping the recent picks, $LLTC was sold today, $AMGN and $HDD.T are current ongoing trades. The HND.TO natural gas trade was stopped out. I'm looking to short gold and/or go long on $T on close Monday.

A subpar day for uranium stocks on thin volume. I have some FIU remaining which I'll selling on intraday strength either Friday or Monday.

Wednesday's seasonal pick is shorting the US Dollar Index HDD.T purchased on close. Stop Loss: 15.23, Break Even Stop - 16.37, Trailing Stop - 16.38

Gold rose over ~15.00 USD and uranium stocks in step enjoyed one of their best days in a while. Symbols CXX, FIU, MAW, PWE and URRE exploded upwards over 10%, while KRI lost nearly 20%. Denison Mines (DML) saw volume of over 16 million shares.

Tuesday's seasonal pick is Amgen Inc. AMGN purchased on open. Stop Loss: 54.48, Break Even Stop - 60.01, Trailing Stop - 61.91.

The majority of Uranium stocks enjoyed a good rise today and there were only a few decliners. I expect this current uranium rally to last the week then downturn again testing pre-May 2009 levels. Symbol USU was the big 14%+ gainer on abnormal volume. Mega Uranium (MGA) lost over 5% of its stock value. Gold rose another ~5.00 on Tuesday. I expect a short term peak in the 0.38-0.50 Fib. range (938-950 spot) from the 905 low last week into Friday to Monday. Repeating: A seasonal bottom for Gold should occur sometime in August, more ideally late August. Even with all the economic problems out there even gold can retrace and test Oct/Nov 2008 lows. So can uranium.

My Monday seasonal pick is shorting Natural Gas with HND.TO purchased on close. Stop loss is 14.26, Break Even stop is 15.05 and Trailing stop is 18.41. I expect more seasonal weakness in Natural Gas until mid next week.

It was a much better day for uranium stocks as I see a short-term bullish stock trend contining. Daily Gold rose ~10.00 and that helped account for the metal and mining bullish nature. Repeating: A seasonal bottom for Gold should occur sometime in August, more ideally late August. Even with all the economic problems out there even gold can retrace and test Oct/Nov 2008 lows. So can uranium.

I see a short-term bullish stock trend for uranium stocks for one to two weeks. Longer trend though I see uranium stocks falling like stones throughout the remainder of the summer, becuase gold will as well. A seasonal bottom for Gold should occur sometime in August, more ideally late August. Even with all the economic problems out there even gold can retrace and test Oct/Nov 2008 lows.

Other than uranium stocks my current seasonal pick is Linear Technology Corp (LLTC) purchased on close Friday June 10 for 23.22, June 10. My stop loss is set at 22.52, Break Even stop is 24.19 and Trailing stop if the trade goes really well is 27.95 USD.

The bullish stock list just got much longer as the market rebounded from oversold levels. We need more confirmation the short-term trend has reversed. Happy trading! Is Gold ready to do a week or two seasonal bounce up? Sure appears so.

Thursday will prove to be interesting action as commodities in general have reached a major support level and a reversal in oil and gold is the cards. Many uranium stocks below have reached critical oversold levels on RSI, Stochastics, CCI and penetration of their lower Bollinger Band, so an upside kick is coming soon. Happy trading! Repeating: The current bulllish stocks are a short list: FSY, KRI and maybe U.

The current bulllish stocks are a short list: FSY, KRI and maybe URE or ALS. I have listed almost everything as bearish and hold. Repeating: The season for downwards stocks should begin in late July-August. The action today probably scared the remaining bulls into selling. But things look up for the next few weeks, then we crash really, really hard in U308 land, IMO when Gold plummets to sub ~800 levels.

The season for downwards stocks should begin in late July. The action today probably scared many into selling, but things look up for the next few weeks, IMO. Things have been divided between larger uranium plays versus more intermediate/junior ones. The daily action on MAW, MAG, UEX, and U all appear as entry points for later upside.

Buys (or Holds) as we start July: EFR, FIU, FRG, FSY, KRI, LAM, PWE, URE, UUU, and U. The lower volume ones have the more risk.

Buys (or Holds) as we start July: DML, EFR, FIU, FRG, FSY, KRI, LAM, PWE, URE, UUU, and U. The lower volume ones have the more risk. If gold stays bullish the next two weeks as I think it will, uranium stocks are bound to follow.