Slowly We Turn… Gold vs.

Let’s take an in-day snapshot of gold vs. several key competitors (for your investment dollars/euros/yen, etc.) and check the progress in turning the macro from risk ‘on’ to risk ‘off’, cyclical to counter-cyclical. Gold/Commodities motors along above the SMA 200. The move has been hysterical, and thus looks impulsive. That could mean something as we look back in hindsight one day. Gold/Oil has been the … Continue reading Slowly We Turn… Gold vs.

nftrh plus

NFTRH+; A Tax Loss Buy Candidate Breaks a Wedge and Tests It

SINA’s daily chart has broken a large falling wedge, broke through the SMA 50, failed and dropped again to test the wedge’s top line. Now it is back to take a crack at the SMA 50. I added it on this morning’s pullback from the SMA 50. MACD and RSI have been positively diverging the negative price since August. AROON has just started to trend … Continue reading NFTRH+; A Tax Loss Buy Candidate Breaks a Wedge and Tests It

alice

NFTRH; Stocks and Precious Metals (high priority)

It’s an interesting week so far. Stocks dropped about as far as they could to keep bounce patterns alive (some indexes/ETFs tested their lows) and the precious metals broke down and bounced. Let’s take a snapshot of where things stand using SPX, ACWX, EEM, Gold, Silver and GDX. I have been nursing the would-be bounce in SPX by holding and adding SPY. As mentioned in … Continue reading NFTRH; Stocks and Precious Metals (high priority)