NFTRH+; Gold stock bounce, updated

A quick FYI update noting HUI has hit bounce target #1 per the Oct. 6th update on gold, silver and HUI. That was the SMA 50 and noted resistance, which it went above and has recoiled back below today. Here’s the updated chart. Pure traders might want to take note. My personal guess (with no real conviction behind it) is that it has cleanly failed … Continue reading NFTRH+; Gold stock bounce, updated

FNV makes 62% Fib as expected, rallies

Franco Nevada stock (FNV) is a gold stock leader FNV, which buys metal mined by ole’ Huey above, perfectly registered the support (including the 62% Fib retrace level) as noted likely in this September 27 post… Gold stock leader Franco Nevada (FNV) burrowing toward a low? Well, doink. Yes, I bought it and no, there is no ‘all-clear’ yet for gold stocks. Quite the contrary … Continue reading FNV makes 62% Fib as expected, rallies

Trade/Invest macro ‘top down’; a guide

Below is an excerpt from an NFTRH report (#676, due out on 10.10) that has not even been written yet, outside of this opening segment that clarifies and makes some of the concepts NFTRH deals in more standard and hence, more readily understandable by more people. Unless you are a pure day trader there should always be a reason for a given investment stance at … Continue reading Trade/Invest macro ‘top down’; a guide