Copper/Gold Ratio Bounces But Does Not Negate Breakdown
Here's the chart of a still concerning indicator for the global reflation trades. The major trend is and has been down in the Copper/Gold ratio. It bounced back earlier in…
Here's the chart of a still concerning indicator for the global reflation trades. The major trend is and has been down in the Copper/Gold ratio. It bounced back earlier in…
Something changed just before, during and after Armageddon '08. That something is that the impulsive rise in growth stocks vs. value stocks (2007-2009) then maintained a grinding uptrend until a…
The yield curve has been on its steepening trend for a year now. A steepening yield curve brings major changes - which the lesser attuned herds are now trying to…
Sentimentrader did a study of previous occasions when gold optimism fell like it did on Tuesday over the span of less than 10 days. Above you can see the results.…
With reference to this morning's pre-market post, gold (daily) held below the EMA 20 on the bounce. Hence, it's still a candidate for the 1800 to 1833 area, where it…
Fundamentally, Healthcare tends to be more resistant to a weak economy. Medical Devices, H/C providers, BioPharma, services, etc. In other words, it's less cyclical than the cyclical stuff. As a…
Ha ha ha, that's the short answer. The longer answer is (based on an email received about my obvious hatred of Trump after my comment in this post)... In case…
Where broad stocks are concerned, I am strategically long. Not short (yet, anyway). So this is not the product of someone wishing and hoping. I want this market shoved so…
Okay well, there is too much glad handing going on out there on Twitter about gold and its quick recovery. Now, I agree that bull market shakeouts can be fast…
The monthly chart says "well of course it is time for a pullback" because we've plotted point C for a year now and it is clear long-term resistance. Yet still,…
The sight of gold getting whacked while good news envelopes the land is something those of us who participated in the last bull market (2001-2011) remember well. Frankly I am…
The US dollar is still postured to potentially bounce in line with its massively over bearish sentiment profile led by some usual suspects on Twitter and in the gold "community"…
In-day micromanagement... GDX 15 minute gapped up to fill the upside gap from last week and promptly dropped again to fill the opening gap. Where does it go from here?…
There is a rotation going on out there. I am noticing some bad looking charts developing in the remote work/communication areas and Tech in general, while the more cyclical stuff…