The Biotech ETF is breaking out of a bullish pattern The way markets go, you sometimes see something, react to something, and have that something go in the opposite direction.…
Notes From the Rabbit Hole, #817 Summary US Stock Market: High risk, quite bullish headline indexes with poor market breadth. US Market Sentiment: Sentiment ticked over-bullish last week, while still…
The TSX-V continues to bounce after finding a low of some kind Canada's junior index, the TSX-V held above the SMA 200 before putting on the bounce that is in…
The June Payrolls Report ticks a hair above expectations Here is the full report: Hazel is keeping up a good front, grotesque smile intact. But her Leisure and Hospitality services…
A brief video updating daily GDX and its pattern as a weak economic report guns the markets (and Fed dove hopes), gold stocks included. As noted in a post this…
Private Payrolls are the latest weak number (+150k) amid slow economic deceleration We anticipated Goldilocks back in Q4, 2022 - Q1, 2023 but she has been more intense and longer…
Did you hear the promo that Trump is better for stocks? Investors say so, you know. "Trump is better for stocks." First of all, that was painful to watch last…
Just a quick visual update on the daily chart pattern imagined in NFTRH 815 last weekend. If GDX holds below the SMA 50 and if this pattern is to resolve…
Just a chart thing. The Biotech ETF, IBB, is breaking out of a bullish pattern and it is doing it with volume. For perspective, and for a trade at least,…
In a word, yes. But first, bad market breadth will likely be… bad Excerpted from last weekend's edition of Notes From the Rabbit Hole, NFTRH 815: A subscriber sent me…
Sign #1 is the Gold/Silver ratio ramming back upward after getting hammered yesterday. If it resumes its young uptrend from May there will be stress in many market areas, especially…