Folks, the market is over loved, unhealthy and... still bullish. As long as that is the case we must accept it. When the technicals turn, so will we. In that…
In other news, gold stock bulls to bears... 'how you like me now sukkah?' Of course, the bounce was highly readable in something approximating real time. Anyone who did not…
Just a quick visual to update the 60 min. ‘bounce’ charts of GDX and GDXJ from last week.
Below is not a comment on whether or not the sector has bottomed (I suspect that even if a bottom is in the lows will at least be tested in the coming weeks) but just a snapshot update per the original ‘bounce’ premise of these 60 minute charts.
"History shows again and again how nature points out the folly of man" --Blue Oyster Cult, Godzilla I would have written off the gold sector long ago in its ongoing…
The very first step to any would-be corrective activity is to lose the EMA 10's. That is the gold line on this chart of the Russell 2000. NFTRH has been…
From MacroTrends... "This chart tracks the three primary secular cycles of the Dow to Gold ratio, smoothed with a 3-month moving average. The cycles are measured by how many ounces…
The charts below were included in an NFTRH update last week and also for eLetter readers over the weekend. I want to put them up here as well to give…
Actually it was out much earlier but I had to get it in the can and run this morning. So now I am back and here to tell you that…
With what little bounce activity gold and silver had experienced by Tuesday (CoT cut off date), the data show a jump in large speculators' active bearishness and commercial entities longing…
Junk bond fund HYG is breaking below the 50 and 200 day moving averages. HYG in relation to long-term Treasury bonds never did break above the moving averages and you…
Gold vs. Silver and USD have reversed downward today. This would imply a whiff of an 'inflation trade' if it were to persist and lead to a break of the…
Folks, no one indicator works as a stand-alone. In trying to gauge what is in store for markets we have got to go with probabilities and to build a case…
Originally posted at Biiwii.com; thought I’d pop it up here as well.
Below is a summary of some of the aspects we follow in NFTRH to gauge a future investment stance on the gold sector. It is much more complex than simply hearing dogma that seems to make sense and then holding on for dear life…
What seems like an extensive review is really only the basics in the gold sector. That is how involved the many disparate parts are and reflects the level of work…