TSI Flips Amigo #1 Over, Concludes No Gold Bull, Yet
In a post this morning Steve Saville flips the SPX/Gold (Amigo #1) ratio over and applies the 200 week simple moving average to it (Gold/SPX). Posted over at Biiwii is…
In a post this morning Steve Saville flips the SPX/Gold (Amigo #1) ratio over and applies the 200 week simple moving average to it (Gold/SPX). Posted over at Biiwii is…
The screenshot scratches the surface of where #534 goes this week. Actually, where it goes is where it has been going all along. That would be 'according to plan'. But…
So here we are. SPX is lurking just below the 2600 area (target extends from 2600 up to 2650 or so) and things sure do seem different than they did…
The US dollar has rolled over with the bounce in US and global stock markets. But as noted in NFTRH 533, it is not broken even as it has been…
We expected a holiday bounce, and it finally arrived after much hysteria. So why get hysterical now that it is playing out exactly according to plan? Personally, I want this…
The 3 Amigos were a blogger's way of not boring himself to death while fleshing out important macro indicators month after month. Amigo #1 (SPX/Gold ratio) got home and dropped…
The quote is from none other than Ray Dalio, who I sometimes use as a contrary indicator for his calls (ref. the 'BOND BEAR!!!' gang from 2018) but who is…
[edit] It occurs to me that I should note that I previously got hammered on ROKU, as I bottom fed it and it kept going down. So the reminder is...…
The screenshot tells about how helpful the Sentiment segment was to me this weekend. But the market's technicals are married up to the sentiment situation very well. Also, we got…
An update to the December 24th look-ahead on AAPL. The first chart was a weekly linear scale view showing that a tap of the EMA 200 would coincide with a…
Well, a bear looking to get short would hope for a market bounce and so, here is a market bounce. I shorted IBB this morning (per the Trade Log) and…
A self-explanatory daily chart of silver/gold (SLV/GLD). One of our 'inflation trade' signalers is approaching daily chart resistance while still in its downtrend. Break through and hold and the trade…
How typical. Just as everyone was getting beared up out comes the employment report featuring a blowout number of +312,000 in December (vs. an expected 188,000). Here is the blurb…
So let me ask you; what website was posting stuff about the proper fundamentals needed for gold and especially the gold stock sector leveraged to it all through the gold…