No One Ever Went Broke Taking Profits; GSV & BTG Edition
Booking both of these, each for +12%. BTG was added per a note in a regular report and GSV was an NFTRH+ highlight the other day. I'm taking the GSV profit…
Booking both of these, each for +12%. BTG was added per a note in a regular report and GSV was an NFTRH+ highlight the other day. I'm taking the GSV profit…
Yesterday we looked at the end of day festivities in SVM. It took a rest today. But today the whole sector got a move on after we've been noting the…
Ever since 2012's failure of the 'QE 3 rally' in the precious metals it has not been fruitful to micro manage the gold sector, because that failure jump started a…
I have fun putting up the tired looking Huey Lewis picture (I couldn't stand that music) and am always happy to poke the gold perma pom poms simply because of…
The still-bearish Gold Miners index was due for a bounce at lateral support and that is what it got. Here is one of the charts by which we plotted the…
In NFTRH, we have expected a "bounce" and Huey is finally doing just that; bouncing. But there are several parameters and milestones we are managing on daily, weekly and monthly…
HUI is torn, frayed and downright bearish. What's more, it's been bearish since it started to drop from the SMA 200 failure point. In NFTRH, we managed bounce #1 (off…
That's the limit folks. Ever since HUI and GDX failed to exceed the November highs we've been on pullback watch. What makes matters more complicated is that said pullback has…
While a laggard due to the sector's former need for a hard correction and the election's aftermath, the gold stock sector has recently broken out vs. the S&P 500 as…
Believe me gold stock sports fans, you'd rather have GDX drop to quickly to fill the opening gap than to quickly get too pumpy too soon after Friday's smack down. …
Last week we had a couple looks at the GDX daily situation, first quieting the hype about the "superb" GDX and its "bull wedge in play" and then updating its…
I'll not name the source because I have found that being a gold sector curmudgeon, frequently poking the gold "community" in the eye is a thankless and unrewarding vocation. If…
"Keep it simple stupid." I tell myself that all the time, and as I watch the various TA "top guns" (a term once hilariously coined by Jim Sinclair in reference…
Even in bull markets the corrections are brutal. That is because this is a relatively small sector subject to relatively large hype. When the gold sector gets sharp pullbacks the…