News Details – Smallcapnetwork
Timing Stocks. The Big Question.
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February 2, 2024

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PDT

Did everyone have a good weekend? I hope so. Anyway, I wanted to send you today's newsletter much earlier than we normally do to get an idea into your hands before the market opened. I've got a feeling this one caught the attention of small cap traders over the weekend, and could bolt out of the gate this morning as a result. And if not, then we still want to let you know about it now because - like all of our 'Featured Stocks' - we suspect it could get that traction sooner than later. It's Sagebrush Gold Ltd (SAGE)... a junior gold miner in the same lane as a couple of other recent Featured Stocks, including Lone Star Gold (LSTG). Given that Lone Star Gold had gained as much as 52% at one point after we featured it a little over a month ago, we can't help but be curious about the potential of Sagebrush Gold Ltd now that last week's dust is settling. There's a ton of commentary and research on SAGE at the site, including a printable overview and analysis; just go to the StockHQ page to find it all. Just to let you know why you'll want to take a look in the first place though, a few tidbits.... Unlike a bunch of other gold mining stocks, this one isn't contending with being overbought. In fact, as James Brumley pointed out this weekend, this one still looks like it's brewing a breakout effort. Initial geological estimates suggest this $38 million company could be sitting on 150,000 ounces ($225 million worth) of gold. The company is setting up its shops - prospects - in resource-rich Nevada, where 75% of the gold mined in the United States comes from You can check the rest out for yourself... and you should. Good stuff. You can also post your own thoughts on SAGE, if you want. Anyway, after last week's meltdown, we have to talk about the 800 pound gorilla in the room - what's next for stocks? Is this the beginning of the end, or is this just a really, really bad rough patch? I know on the surface it feels like we're sliding back into a bear market. It's a little early to sound that alarm just yet though. When you look at a longer-term chart of the NASDAQ, the fact is, the overall uptrend is still alive, and we've survived similar pullbacks before. Now, we may well get to that point of no return eventually; it happens. But, bear markets are kinda' like recessions.... economists have predicted nine of the last five of them, meaning the pros are quick to jump to conclusions, but the pros aren't right all the time. In the same way, the media and its favorite pundits have predicted nine of the last five bear markets; just because they say it on TV doesn't make it true. If we do get to that point, you'll know, or we'll let you know. So in the meantime, the last two months have become a powerful reminder that timing is everything - for the market, and for individual stocks. Pick the right entry and exit points, and you're rich. If instead you let the market's hysteria guide your decisions, well.... With that as the backdrop, the whole timing aspect is going to become a major focus of our newsletter - especially for stocks - as long as volatility reigns supreme. There are plenty of small cap trading ideas out there but how do you know when it's the right time? That's the big question. Fortunately you've got access to a team of veteran traders and timers to get the most out of the ideas we're seeing. You'll get a better idea of what we mean as time goes on. For today, the focus is all on Sagebrush Gold Ltd (SAGE). It looks like it's fully fueled and lining up on the runway. A little more good news (or maybe even just some buzz) and it could take flight. Who knows? Maybe that'll be today.