We begin the report with some interesting developments in the Semiconductor Equipment sector, which is where it ('it' being the phase where a Semi Equip. ramp up implied coming strength…
From Mark Hulbert @ MarketWatch... Euphoria has set in, and investors will be in for a rude awakening Here is the graphic (Hulbert Stock Newsletter Index) from the article... While…
Mario just popped up from the upper left corner of the Whack-a-Mole table top and hammered the Euro* (see Biiwii commentary here), logically sending USD upward. But the gold-silver ratio…
For some downtrodden items, that is. A downturn in the GSR and its fellow horseman the USD could provide some relief for the markets that have done the most poorly…
That way I could apply for my Guru card and that rarefied club might finally accept me! 2 Days ago NFTRH+ made a post on Intel (now public), referencing a…
This is an updated view of a chart that was created so long ago I can't even remember it. I just found it rummaging through a chart list. Anyway, it…
Aside from numerous 'straight' markets and out there indicators we follow in NFTRH, we also follow discrete individual sectors like the Semiconductors and the Biotechs, just because they are of…
Returning to our short-term management charts (60 minute charts, only for those managing the short-term) here are the updated views of GDX and GDXJ. Both items have stuck to the…
Today the curve is dropping with nominal yields rising. Implication (taking one singular day as a stand-alone)? Anti-gold and pro-risk 'ON'... among other things. Hey, that's what it says today...…
A snapshot of current daily technicals…
GLD is at the first resistance level that began at the equivalent of 1180 for gold (currently 1196). This resistance area was the long-term breakdown platform. It is very important to maintaining the bear or giving the bull some breathing room.
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…