Folks, the market is over loved, unhealthy and... still bullish. As long as that is the case we must accept it. When the technicals turn, so will we. In that…
In other news, gold stock bulls to bears... 'how you like me now sukkah?' Of course, the bounce was highly readable in something approximating real time. Anyone who did not…
Just a quick visual to update the 60 min. ‘bounce’ charts of GDX and GDXJ from last week.
Below is not a comment on whether or not the sector has bottomed (I suspect that even if a bottom is in the lows will at least be tested in the coming weeks) but just a snapshot update per the original ‘bounce’ premise of these 60 minute charts.
"History shows again and again how nature points out the folly of man" --Blue Oyster Cult, Godzilla I would have written off the gold sector long ago in its ongoing…