GDX Hammered on Close
Did you catch that close on the gold stocks? It is no wonder so many people lose their minds with this sector. 1 minute chart... I wouldn't blame the evil…
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November 6, 2014
NFTRH+; Tax Loss/Jan. Effect Examples
Understand that these are just two stocks (without highly liquid volumes) that I am interested in for my own reasons and there is a market full of others out there. So these are not recommendations but rather, examples of charts that I look for at year end.
OncoMed (OMED) is held in the IRA as a sort of lottery ticket speculation. I bought it a few weeks ago at just above 19, rode it up and am riding it back down currently. While I sold several other items on the market bounce, I decided to keep this one because little has changed since it was driven to the 40’s last year by a news release that I considered fundamentally valid (for a very speculative specialty pharma/biotech stock that is).
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November 6, 2014
In the Land of Indicators
In the land of indicators, there is just as much confusion as there is in the land of asset markets. In the markets it's gold miners up, down, up... stock…
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November 6, 2014
NFTRH; HUI (for traders)
Not to amp up the noise, but if the sector is going to keep doing an up one day, down the next, up the next routine around the 2008 low…
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November 6, 2014
NFTRH; Quick Market Snapshots
A quick check up on the current market environment…
TIP-TLT says no inflation expectations buildup yet.
Commodities vs. gold is breaking back up above the moving averages. A declining CCI-Gold has/had been one of the few positive fundamental underpinnings for the gold sector. It would also be a negative for the economy if it resumes breaking down.
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November 6, 2014