This post is part of a special report, Top Picks for 2010, the 27th annual survey in which TheStockAdvisors.com asks the nation's leading advisors for their single favorite stock for the new year. See all 80 stocks listed here.

Mark Leibovit uses a proprietary technical trading system known as volume reversal analyst; over time his buy and sell signals for the market have led to one of the top rankings among market timers -- including being ranked timer of the year in 2006 by Timer Digest.

He also uses this system to highlight trades among individual stocks -- such as his top pick for 2010: Legend International Holdings (LGDI). Here's the latest from his VRTrader.

Continue reading Top Picks for 2010: Legend International (LGDI)

Top Picks for 2010: Legend International (LGDI) originally appeared on BloggingStocks on Thu, 07 Jan 2010 12:01:00 EST. Please see our terms for use of feeds.

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

Top-rated market timer Mark Leibovit says, "Gold has been our top pick for the last two years and we are staying with it." In his VR Survey he looks at PowerShares DB Gold Double Long (NYSE: DGP).

The advisor explains, "We set a new low of 680.30 on October 24, the lowest low since the 1020 record high from March 17, 2008 and down from the October 10 recovery high of 933.65.

"Though unfulfilled technical measurements still exist as low as 620 in Gold, it appears a short-term bottom is now in place. Support is the low at 680.

"We broke through resistance of 830-850 on December 16. Strength in the US Dollar Index had put the brakes on the gold rally, but we've now seen that gold and the dollar can rally together. It is possible gold is anticipating a top in the dollar, which is inevitable.

"Indeed, you could come in some morning and find gold up $500 an ounce and blow the lid off all the bearish sentiment and doubters. Gold will never go to zero and is the ultimate hedge.

Continue reading Top Stock Picks '09: Powershares Gold (DGP)

Top Stock Picks '09: Powershares Gold (DGP) originally appeared on BloggingStocks on Mon, 05 Jan 2009 16:30:00 EST. Please see our terms for use of feeds.

Using a proprietary "volume reversal" trading strategy, Mark Leibovit has been consistently ranked among the top newsletter timers. In his VRTrader, he looks at the outlook for stocks, oil, gold & silver -- and offers his choice for exchange-traded funds for traders to play these markets.

Leibovit explains, "The stock market's decline, besides being huge, is relentless. Every rally was met with selling and fresh lows were soon hit. The Dow crashed through the March and January lows and is now trading at its lowest level since September 2006.

"Apparently, that 1500 point rally off the March low was just a giant head fake. The Dow is now down 19% since last October and the S&P is down 18%, approaching bear market territory."

"Breadth is dismal, and down volume is ten times greater than up volume. Sector action is terrible. Seven of the nine market sectors are down more than 2.5%. Ouch! Financials have done it again and have set a new five-year low. Oil spiked through previous records setting a new record high.

"The precious metals also showed strong gains today with gold up 32.80 to 915.10. We cleared the June 9th high of 907.20 touching 909.50 opening up potential to 931.00 (May 21 high).

Continue reading Top timer's upside targets: Stocks, oil, gold & silver

Top timer's upside targets: Stocks, oil, gold & silver originally appeared on BloggingStocks on Fri, 27 Jun 2008 08:40:00 EST. Please see our terms for use of feeds.

Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

streetTRACKS Gold Trust (NYSE: GLD) is the top pick for conservative investors for 2007 from technician Mark Leibovit. The editor of VRTrader explains, "streetTracks Gold Trust is an investment trust whose shares strive to reflect the performance of the price of gold bullion, less the trust's expenses.

"The trust holds gold and is expected to issue baskets in exchange for deposits of gold, and to distribute gold in connection with redemptions of baskets. The gold held by the trust will only be sold on an as-needed basis to pay trust expenses, in the event the trust terminates and liquidates its assets, or as otherwise required by law or regulation.

"The streetTracks Gold Trust is not managed like an active investment vehicle, and it's not registered as an investment company under the Investment Company Act of 1940. Our upside target for gold is unlimited, but let's call it $850 and then $1,000 over the next two years -- which translates in to GLD trading first at $85 and then the $100 level."

To see Mark's favorite speculative idea for 2007, click here.

Top Picks 2007: Leibovit tracks streetTRACKS Gold originally appeared on BloggingStocks on Sat, 30 Dec 2006 14:30:00 EST. Please see our terms for use of feeds.

Each year Steven Halpern, editor of TheStockAdvisors.com, surveys the leading financial newsletter advisors asking for their favorite stocks for the coming year. This article is part of his 24th annual Top Picks Report.

Pinetree Capital Corp. (TSX: PNP) (Other OTC: PNPFF) is the top pick for speculative investors for 2007 from technical analyst Mark Leibovit. The editor of VRTrader says, "Pinetree is a diversified investment and merchant banking firm focused on the small cap market. Its investments are primarily in the resources sector: uranium, oil and gas, precious metals, and base metals.

"Its investment approach is to build a macro position in a sector, find the micro-cap opportunities in that sector, and work with those companies to build them to commercial production and create an exit.

"Our primary interest in Pinetree is for its strength as a uranium play. Spot uranium has hit a new bull market high of $60/lb. as growing demand on a worldwide level for uranium grows, based on the recognition that nuclear generated power is the only true long-term answer to our energy needs.

"The upside target in Pinetree is unlimited, depending on whether or not a buying panic ensues for uranium shares. It is our view that larger fish will eventually be gobbling up all available uranium resources to insure future supply for current and soon-to-be-built nuclear plants. Upside target is set for $30 for now, looking through 2007."

To see Mark's favorite conservative idea for 2007, click here.

Top Picks 2007: Leibovit sees Pinetree's growth in uranium originally appeared on BloggingStocks on Tue, 26 Dec 2006 14:30:00 EST. Please see our terms for use of feeds.