WED 2/4: AEM – CALLING A FINAL SELL SIGNAL @ $197.25 +12.9%

3:52 PM – Today’s rebound stalled at the ROUND-$200 level as the 10 DMA continues to roll over, signaling waning short-term momentum. In a broader tough market environment, I’m calling a FINAL SELL SIGNAL here and booking a solid winner.

SELL SIGNALS:
1/14 (1/3) @ $197.72 +13.1%
2/2 (1/3) @ $189.70 +8.5%
2/4 (1/3) @ $197.25 +12.9% FINAL

OVERALL P/L: +11.5%

ULTRA Trader’s Tip: Resistance Can Pause/End Gains

  • Round-number levels are clear technical levels of support/resistance.

  • A rolling-over 10 DMA confirms momentum is losing support.

  • Locking in gains when strength stalls keeps profits realized.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

MON 2/2: AEM – CALLING A 2ND PROFIT TAKING SELL SIGNAL @ $189.7 +8.5%

3:55 PM – Shares are not making a quick recovery from Friday’s sharp sell-off, indicating continued short-term weakness. Calling a 2ND profit-taking SELL SIGNAL here and trimming further portfolio exposure.

SELL SIGNALS:
1/14 (1/3) @ $197.72 +13.1%
2/2 (1/3) @ $189.70 +8.5%

OVERALL P/L (ON SOLD SHARES): +10.8%

ULTRA Trader’s Tip: Weak Recoveries Deserve Respect

  • Strong stocks bounce quickly after sharp sell-offs.

  • When recovery stalls, momentum has shifted.

  • Taking profits as strength fades protects gains before pressure rebuilds.

CLICK/TAP CHART TO ZOOM
Chart services courtesy of stockcharts.com. Annotations by James Taulman.

SUN 12/7: AEM – ADDING TO WATCH LIST

Agnico Eagle Mines (AEM)

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

A well-established name in the gold mining space, supported by long-life assets and a history of operational consistency. The company benefits from geographically diversified mines located primarily in Canada, Finland, and Mexico — regions known for mining stability and predictable regulatory environments. Recent sector strength in gold and precious metals has helped push leading miners back onto institutional radars.

The company continues to deliver strong production levels, solid cost controls, and a healthy balance sheet compared with peers. Its portfolio includes some of the highest-quality gold assets in the industry, giving it leverage to rising gold prices while maintaining lower downside risk.


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

AEM often attracts institutions during early stages of upturns in the precious-metals cycle, as its operational stability and reserve growth provide confidence when the group begins to strengthen. Rising bullion prices, improving margins, or increased fund flows into the metals sector can all act as catalysts for renewed demand.

With gold-related groups beginning to emerge, the stock is positioned as one of the higher-quality leaders should the sector continue gaining momentum. A confirmed breakout above technical resistance could draw even more institutional interest.

Stock has a very short-term downtrend, essentially a series of slightly lower highs. However, this is an emerging group, and AEM is showing early signs of strength.

A break above the noted TRIGGER PRICE of $174.77 would demonstrate clear technical strength and serve as a BUY SIGNAL, with very little resistance overhead to impede further gains.

 


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.

THU 10:43 PM: Continued Bullish Action Yet Did Close Well Off of Today’s High

After starting with a 1/3 position on Tuesday, I added another 1/3 yesterday.

Gold continues to be one of the better places to be in a very rough market.

Stock had continued bullish action today, yet did close well off of the session high.

Any continued declines on above average volume would be my first concern – and if being nimble, a possible sell signal.

 

SYM LAST $ CHG % CHG BUY DATE BUY PRICE BUY TIME SIZE %G/L
AEM $102.68 $1.63 +1.61% 3/12/2025 $101.35 3:41 1/3 +1.31%
AEM $102.68 $1.63 +1.61% 3/11/2025 $101.13 3:50 1/3 +1.53%

 

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For more than 8 years James had served as Editor-in-Chief of an independently licensed website that offered stock reports and services based on the CAN SLIM® investment system.

He has developed a knack for being able to quickly and accurately analyze high-ranked stocks based on this winning investment strategy.

Over the years, Mr. Taulman has enjoyed assisting individuals from professional money managers to private investors with their needs in relation to implementing this investment approach on a daily basis in the current marketplace.

Each Sunday you could hear him deliver his weekly market report as part of the “Your Money Matters” radio program on ABC and CBS radio networks.

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TUE 11:49 AM: New Swing Trade AEM Breaks Out to New Highs

After a week of sitting in cash, I decided to pick up a small position in AEM at today’s close. The stock was breaking out to new highs while volume ended up being  +60% above the normal daily rate. Good sign.

Gold stocks are performing well.

This stock has nearly the highest possible ranks. After the close, it was written up as IBD’s Stock of the Day.

The market does remain very bearish, so I will have a tight stop on this selection. My first area of support is the 10 DMA, currently at $97.53.

 

SYM LAST $ CHG % CHG BUY DATE BUY PRICE BUY TIME SIZE %G/L
AEM $100.57 $3.54 +3.65 3/11/2025 $101.13 3:50 1/3 -0.55%