Chop & Grind: Gold, Stocks & Commodities
Whether the market is foreign or domestic, equity, commodity or metal the grind is on. Speaking of grind, the one in gold has been expected as the metal builds out…
Whether the market is foreign or domestic, equity, commodity or metal the grind is on. Speaking of grind, the one in gold has been expected as the metal builds out…
A subscriber wanted to know what I think about Doctor Copper's drop today. I have been in and out of my office and when looking for news I was thinking…
I just saw this yesterday after the markets closed. Of course today it is bouncing from support (and preferred buy level). I'd have rather bought it at the 200 day…
The Doctor called and he has good news for reflation-minded casino patrons. The important $3/lb. level has been taken out (daily chart) by this asset that is emblematic of a…
It has not really done much of anything, but Palladium (Pd ETF PALL shown here) is making the move I'd hoped it would after buying it in its consolidation last…
Note: I'll be out much of the day (I think). Meanwhile, here's a look at one of the key asset markets for the reflating macro. The daily chart of the…
There are ETFs holding Uranium companies (URNM & URA) and there is a company holding the cake. We track Uranium holder Uranium Participation each week in the NFTRH Commodities segment.…
Here's the chart of a still concerning indicator for the global reflation trades. The major trend is and has been down in the Copper/Gold ratio. It bounced back earlier in…
Doctor Copper's daily chart situation got pretty hysterical, all the way up to the round number resistance at $3/lb. As you can see on the weekly chart, that round number…
As noted in NFTRH, I bought PALL a couple weeks ago, trying to will it into a break above the SMA 200. A logical resistance area is shown. Rallies in…
Without superimposing biased views on the situation let's just note that the copper price is breaking a trend channel line and eyeballing the bull pivot. This is sure to be…
Today another jobs report that was already in the bag on the inevitable economic bounce-back from deplorably bad readings has stimulated casino patrons finding it all too easy to be…
I am not an Energy head, but this catches my eye. A subscriber asked if I would focus closer on Energy and I was a little bit dismissive (of Energy,…
Just thought I'd provide a look at copper, which is testing the very tentative 2.62 support level. So far the daily prescription is an ongoing uptrend from March. Weekly copper…