The target for HUI has been 220 since resistance just below 200 was broken. Of course that 220 level is subject to a +/- tolerance. Today the overbought index hit…
The problem is that most people - and that includes many powerful hedge funds (who most people wrongly label "smart money") - think that global strife like the US/North Korea…
Due to the Trump/N.K. nuke standoff noise the market dropped in August, sentiment got short-term over bearish and I added several stocks. The more spectacular have been the likes of…
An updated look at some sectors 'vs. SPY'. On the daily view we find the Financials ratio in trouble (as would be expected as bond yields decline), Energy bouncing but…
How classic; the day after Labor Day and doink, the markets are down as da mythical boyz gits back from da Hamptins. I am however allowing for a good chunk…
Last week we compared the current Crypto craze to the silver mania in spring of 2011 and the dot.com era (here is an entertaining article from Business Insider with a…
It was 65 pages of work that came to some pretty sensible (obviously, in my opinion) conclusions about where markets are going and what to look for as indicators. Last…
First the disclaimers... It's a gold/silver explorer, and therefore inherently risky. I believe it's got a highly prospective property (Ixtaca, in Mexico), but there is permitting risk ahead. This does…
Joining GILD in the overbought profit-taking sweepstakes are RIO and AXU, as the need to be in balance - complete with strengthening USD positions* - and profit retention are priorities.…
As we breathlessly count down the minutes to NFP (my guess: +197k vs. expected +170k) let's take a daily and weekly look at various sectors 'vs. SPY'... The daily shows…