Junk finally cracks

Dividend unadjusted HYG broke down a few days ago and for months now we've been noting the breakdowns vs. Treasury and Investment Grade. But today divy adjusted HYG has slipped…

Comments Off on Junk finally cracks

And then there’s Doctor Copper

In the previous post I noted I am wrong on gold *, at least in-day. In this post I am neither right nor wrong, as the view of copper was…

Comments Off on And then there’s Doctor Copper

Wrong on Gold?

Today's futures chart, in-day says "yeah Gary, you're wrong on gold". The parameter was a break of the dotted neckline, the wedge and SMA 50, which are all at the…

Comments Off on Wrong on Gold?