Read more about the article Gold is Tanking!!

Gold is Tanking!!

Side note disclaimer: I covered shorts in gold this morning. I think it could go lower nominally, but I don't care. Anyway, on with the post with a tongue planted…

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Read more about the article SPX big picture monthly view

SPX big picture monthly view

Here is how we have been viewing the situation in the S&P 500. For months now (since October and/or November when SPX hopped the Bull Turnstile) and as SPX climbed…

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sentiment indicators

Fear is out of whack

The VIX is at the junction of the 2008 turn from hysterical fear to relief. That's fine, the COVID-19 scare and its economic implications are considerable. But when viewing VIX…

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Notes From the Rabbit Hole

NFTRH; SPX, Gold Miners and more

Yesterday's projected open for SPX during pre-market was 2827. Today it's 2850. That was a lot of noise and angst for going basically nowhere in the last 24 hours. Weekly…

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Read more about the article OMG, HUI is crashing!!

OMG, HUI is crashing!!

Oh wait, never mind. HUI is 100% on plan. That includes the lower monthly panel indicators (although if I were to include the STO it would show a somewhat iffy…

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Read more about the article Gold’s hidden affinity for Treasury bonds

Gold’s hidden affinity for Treasury bonds

Editorial comments follow the charts. Amid the massive rush to risk 'off', just look at the similarities between long-term Treasury bonds... ...and the Gold/Commodities ratio. ...and the Gold/Oil ratio (Jesus,…

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Read more about the article Turned Off

Turned Off

A couple weeks ago during the volatility my Fidelity accounts not only got turned off, they disappeared all together. Today? We start with Stockcharts.com seizing up as apparently their little…

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