The gold mining sector rallied as if on cue after our update highlighted some positives While noting that nothing other than an oversold condition was technically actionable (a strong argument…
The all-important ratios of Gold to other markets are in rally mode Gold ratios, as illustrated using daily charts of the related ETFs, are very important to the macro case…
NFTRH 799's opening segment illustrating unsustainable debt leverage Below is an exercise that considers real economic/macro/market indicators and one writer's view of what is in play this election year. I…
A super simple update to note that GDX is dinging resistance #1 today. FYI for any traders out there. It feels to me like a launch to a better rally,…
Notes From the Rabbit Hole, #799 Summary US Stock Market: Bullish and at high risk. However, the SOX > NDX > SPX leadership chain remains firmly in place. US Market…
Yes, a positive move in gold stocks It's just one day but a positive move in gold stocks is happening. Rah rah, sis boom bah! Right girls? Oh wait, absolutely…
We have been noting how the Gold/SPX ratio is still a downward drag for the gold miners as the HUI index is still well above that guiding ratio, which is…
A low priority update, because sometimes it's nice to just do good old fashioned stock analysis rather than heavy macro stuff all the time. SMCI is a stock I nailed…
I am keeping this divergence of the VIX to SPX in mind over the near-term. Such divergences preceded the 2020 mini crash in stocks, the 2022 bear cycle and a…
Gold price still disappointing speculators, but it's doing as it should do Back in August I wrote an article called Gold: The Anti-Bubble. The point being that if you want…
Notes From the Rabbit Hole, #798 Summary US Stock Market: Bullish and at high risk. No change there. US Market Sentiment: Still firmly over-bullish, if not epic extremely so. Last…
GDX fills a gap We are back on the momo-fueled FOMO (or is it FOMO-fueled momo?) as the stock market correction I speculated upon was just another micro twitch to…
The FOMO rally in stocks uses fantastic, but discrete news from Nvidia to resume FOMO: the fear of missing out Last weekend we noted that the US stock market was…
The US stock market (SPX) is overbought and vulnerable in the near-term Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 797: The US stock market is…