NFTRH+; Gold Stock Sector Viewed From Several Angles

Let’s look at the gold stock sector from a few different angles. First, its leadership to SPX, which is fully intact (daily chart). It’s leadership to gold, which is getting hit hard but is intact. We’d want to see GDX/Gold hold the area of the up sloping daily SMA 50. While we’re at it, it doesn’t hurt to view Gold/SPX once again, since this is … Continue reading NFTRH+; Gold Stock Sector Viewed From Several Angles

NFTRH+; This Commodity Sector is Different

It did not materially participate in the relief rally but has been making a potential bottom/bounce pattern as we’ve been noting. The Agricultural sector is one of those that marches to its own beat with seasonal, weather and I suppose even demographic influences. As such, I am giving my DBA position a little leeway as I manage risk and try to navigate a potential change … Continue reading NFTRH+; This Commodity Sector is Different