Newmont Corporation (NEM)

Industry: Gold Mining
Exchange: NYSE
Category: Senior Gold Producer

One of the largest and most recognized gold producers in the world, supported by a deep portfolio of long-life assets across North America, South America, Australia, and Africa. The company maintains a strong operational footprint with diversified production, which helps smooth out volatility within the metals sector.

Newmont has historically attracted institutional interest during early phases of strength in the precious-metals space. Its scale, reserve depth, and consistent production levels position it as a core holding for funds looking to add exposure to an emerging gold uptrend. Improving gold prices, cost efficiencies, or better-than-expected production updates often act as catalysts for renewed buying.

Chart services courtesy of stockcharts.com. Annotations by James Taulman.

The stock has been consolidating in a very short-term downtrend, marked by a series of slightly lower highs — a similar setup seen in other strengthening names within the group. As this precious-metals sector continues to emerge, NEM is beginning to show early signs of stabilizing and regaining momentum.

A confirmed breakout above the noted TRIGGER PRICE of $94.08 would reflect clear technical strength and trigger a BUY SIGNAL, with relatively little overhead resistance to obstruct further gains.

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James had served as Editor-in-Chief of the first independently licensed website to offer stock reports and services based on the CAN SLIM® investment system.

Since the late 1990s, he has been analyzing growth stocks and providing investor-focused research rooted in time-tested technical strategies. Over the years, James developed a strong ability to quickly and accurately identify high-ranked trading candidates using this proven approach.

He has worked with a wide range of investors — from professional money managers to individual traders — helping them apply this disciplined system in real-world markets.

James has delivered weekly market commentary as part of the “Your Money Matters” radio program, broadcast on both ABC and CBS radio networks, and for a time was a daily guest on the Investor’s Edge radio program.

Today, he is the developer and founder of U L T R A — a robust yet easy-to-use trading system built to identify and manage high-probability stock trades based on strict technical rules and real-time alerts.