What Thing Looks Like the Other Thing?
Thing 1 (USD) looks a lot like Thing 2 (Gold/Silver ratio), and the 2 riders would bring death and destruction to the macro party if they were to rally Here…
Thing 1 (USD) looks a lot like Thing 2 (Gold/Silver ratio), and the 2 riders would bring death and destruction to the macro party if they were to rally Here…
In true testament to the idea that a TA can make a chart say whatever she wants it to say, let's put aside for a moment the H&S pattern (ref.…
Another HUI micromanagement update. HUI daily is losing the pattern neckline in-day. It can hold the breakdown or it can head fake reverse back upward. I does not matter to…
The lynchpin to the global speculation orgy has merely bounced to its down trending SMA 50, but that has been enough to pressure global markets far and wide. As yet,…
If the inflation play holds up through the current short-term (ref. this morning's update) pullback copper stocks should again get bulled. As an example, FCX is pulling back hard, possibly…
Lesson #1,796,845 about how you have caution at least and run for the hills at most when the gold bug promoters school the public about how right they are and…
US stock market leadership is intact We noted in NFTRH that Semiconductor leadership was well intact, but overbought. That is being remedied now as SOX/NDX and SOX/SPX pull back. Within…
The current macro theme is an ongoing inflationary reflation that will one day meet its end and morph into another liquidation along the Continuum (caution about that is currently targeted…
Osisko Mining place holds some cheerleading Thanks to subscriber JB for the heads up... Osisko Mining (OSK.TO/OBNNF) is a stock I held and held as it went nowhere for months…
Dynavax explodes on COVID news, but that's not why I hold it What's a sensible market manager supposed to do when he keeps buying a stock for its commercialization of…
Silver/Gold and Gold/Silver ratios are among our most important indicators. Silver has more pro-inflation, pro-cyclical characteristics and is a more commodity-like commodity than gold, which has more monetary characteristics. The…
[edit] Luckily, it is just a few in the subscriber base with @bell.net or @sympatico.ca addresses, and most had contacted me by last night and have been forwarded from, and…
A little late, but that's what it took to do the best job possible given the market backdrop.
Gold and Silver CoT data continue moderately improving Gold saw large Specs and Commercials basically in a wash, with a common theme a reduction in open interest. Of positive note,…