Before updating the status of the gold miner (HUI) correction, let’s take a quick review of the Macrocosm, because it’s always a good time to be clear on important macro considerations. The graphic makes the following points that are the foundation of the NFTRH view on the right/wrong times to be fundamentally bullish on the gold stock sector. In order of priority, a bullish view … Continue reading Gold Stock Correction and Upcoming Opportunity
Found at MarketWatch… Barstool Sports founder believes he’s a better investor than Warren Buffett and has determined day trading is ‘the easiest game’ there is Listen to this dangerous man who I guess started some company that talks about sports. Angrily: “I sold so much of my Airlines because of you ‘take profits’ people.” He was mad at himself (or pretending to be) on June … Continue reading Is This Guy for Real?
Here is what we are dealing with this morning, after yesterday’s big break. And this. It’s a typical FOMC week where the machines react in all sorts of erratic ways, as if some information has changed. The information has not changed. The information was and still is that economies (incl. the US) were easing toward a down cycle (as bond yields dropped from Q4 2018) … Continue reading NFTRH; Pre-Market Notes & SPX Daily Chart