NFTRH+; GDX Forming a New Pattern
We previously managed a short-term Diamond pattern (decision pattern) that decided to break down hard prior to just as hard a recovery. The prospect of the Diamond was first introduced…
We previously managed a short-term Diamond pattern (decision pattern) that decided to break down hard prior to just as hard a recovery. The prospect of the Diamond was first introduced…
NVDA has undone any negative look to its daily chart by taking out resistance. Now all that is left is for it to clear the April 11th high of 907.39…
April Payrolls Report from BLS Here is the BLS April Payrolls report (click graphic): It's the first weak report in a while and as you can see, Hazel is hanging…
The Gold/Oil ratio would resume a positive fundamental tailwind for the gold mining sector if it breaks out As crude oil/energy is a large part of gold mining cost structures,…
As FOMC readies another rate decision, its irrelevance has never been more apparent I started my market management service in 2008 with the imagery of renowned children's fantasy, Alice In…
During a typically volatile FOMC week Uranium stocks got hammered yesterday and this morning they are gaining back yesterday's losses. In the course of my normal risk management, I released…
Silver (daily chart) is making a classic pullback to test the breakout after becoming overbought. Silver does not do things gently. Nor does the precious metals complex as a whole.…
The Silver/Gold ratio has not so surprisingly failed to lead the bug-o-sphere to glory There was excitement aplenty as the Silver/Gold ratio broke out of the downtrend channel, because when…
SBSW is a diversified global miner with its hands in gold, palladium, platinum, rhodium and several others, including battery metals. It is extremely depressed from its 2022 all-time high of…
The Gold/Copper ratio is quite bent, but not broken Much like the Gold/Silver ratio was not broken despite some hopeful hype on X that it was (boosting silver bulls' case),…
Notes From the Rabbit Hole, #807 US Stock Market: Last week: Anticipated correction is here. There could be a short-term bounce to test 50 day averages, but correction likely has…
I shared this story with you back in February: Sowa Goat Sanctuary; Doing God's Work I spent a morning there playing with the goats while my wife and other volunteers…
The gold stock sector can get pretty upbeat in a hurry, in an emotional swing in the opposite direction of the previous disillusionment that had come over the sector. It's…