NFTRH Update 7.30.13, Parameter to a ‘Healthy’ HUI Consolidation

Insert here the old saying about a picture and 1000 words… HUI tried to get up and out of the consolidation flag yesterday but oh yes, it is FOMC week and time for more ‘will they or won’t they?’ obsession about QE tapering by entranced market participants. So all the simple chart guy can do is blow up a daily view of HUI, show a … Continue reading NFTRH Update 7.30.13, Parameter to a ‘Healthy’ HUI Consolidation

NFTRH Update 7.25.13, Morning Notes

Note:  After feedback from one subscriber I want to remind all subscribers that if your orientation is to establish long term positions based on fundamental value or macro outlook and you do not wish to be mentally whipsawed by technical interim updates it may be best to skip over that type of update.  Remember, it is a market full of different people with different situations. … Continue reading NFTRH Update 7.25.13, Morning Notes

NFTRH Update 7.23.13, Leading Gold & Silver Stocks in AROON Uptrends

Earlier we noted that HUI was still in an AROON downtrend, which is how it closed.  But today did the trick in bringing more than a handful of what can be considered leaders to daily AROON up status, joining AG and PVG, which we have been using as early mover examples. The first step to a ‘buy the pullbacks’ regimen should be the establishment of … Continue reading NFTRH Update 7.23.13, Leading Gold & Silver Stocks in AROON Uptrends

NFTRH Update 7.23.13, Next HUI Resistance Target

Well, we are certainly getting the follow on momentum we wanted to see.  More and more weekly MACD’s are triggering up, following our leader examples, AG and PVG.  In fact PVG’s weekly TRIX has also triggered.  Good stuff. Daily HUI is firming the break above the 50 day averages and there is obviously something more to this rally than any attempt made so far since … Continue reading NFTRH Update 7.23.13, Next HUI Resistance Target

NFTRH Update 7.23.13, Precious Metals

Please refer to this morning’s public blog post Precious Metals Must Make a Stronger Statement Still. The best thing happening in the precious metals in my opinion is the HUI’s leadership over the metals and the next best thing is that the ‘real’ price made a lunge upward yesterday. The Gold-CCI (commodity) ratio broke upward to the top of a downtrend channel after a positive … Continue reading NFTRH Update 7.23.13, Precious Metals

Precious Metals Must Make a Stronger Statement Still

Yesterday was an impulsive looking move and something of a statement in itself.  But now technically, the metals and miners need to gather themselves (after a potential pullback on profit taking) and make a real statement. Yesterday was the booster stage (gap up), and another leg up from here would give the precious metals complex the velocity to do some real damage with respect to … Continue reading Precious Metals Must Make a Stronger Statement Still

NFTRH Update 7.22.13, Next Precious Metals Objectives, US Stock Market

As a reminder: Gold has significant resistance at the 50 day averages (1335 to 1338) and visual @ 1350. Silver at the 50 day averages just above 21 and then visual at 22. HUI at the 50 day averages at 248/249 and visual at 245 to 255. Yet this morning’s up surge looks to firm the initial positive signals like the MACD divergence and up … Continue reading NFTRH Update 7.22.13, Next Precious Metals Objectives, US Stock Market

NFTRH Update 7.19.13, T2C, Broad Market & Precious Metals

Below is a copy of a free eLetter that is meant as an introduction to NFTRH.  A sort of NFTRH-lite if you will, which highlights a few of NFTRH’s themes in a less detailed manner 3 or 4 times a month.  This week the eLetter was written in more detail with the idea that it would also make a good Interim Update for premium subscribers. … Continue reading NFTRH Update 7.19.13, T2C, Broad Market & Precious Metals

Rates of Interest

[edit]  Formatting errors have been corrected from an original version posted earlier. The following is excerpted from this week’s Notes From the Rabbit Hole, NFTRH 247: As the 10-year to T-bill yield curve chart makes clear, we are not in Kansas anymore.  We are in Wonderland and as you can see, in Wonderland interest rates and their interrelationships are at the center of events. Last … Continue reading Rates of Interest

NFTRH Update 7.12.13, HUI 60 Min. Updated

Last update of the day, I promise.  ;-) This view is enlarged from the previous one shown and with an hour to go, Huey is holding the line. The lack of follow through (from yesterday’s upside) is typical for this ongoing gold stock bear market.  What would not be typical would be if HUI can resist getting heavier and heavier into the close.  That would … Continue reading NFTRH Update 7.12.13, HUI 60 Min. Updated