A quick update of the main US indexes shows the daily chart gaps on SPX, NDX & SOX, with the following notes. SPX appears to be in a small symmetrical…
While noting that it is a sensitive FOMC week during which the machines could be programmed for max mayhem, the HUI/Gold ratio is firm so far during this precious metals…
High Yield credit spread hits its highest level since December, 2020 A feature of a weakening economy, not mention strengthening risk 'off' behavior is rising High Yield credit spreads. Junk…
Copper/Gold ratio has been weak, but... The "but" being that this level of weakness has occurred on two other occasions before the ratio of the copper price to the gold…