March CPI was not a surprise and markets' reactions to it are not so surprising either. Markets - especially those areas that became overbought recently - are pulling back with…
Another firm CPI number is out, to little surprise given the expected rebound in inflationary sentiment along with commodities and other inflation trades (precious metals, led by silver, on this…
Here is some daily chart micromanagement of the short-term situation for USD (DXY). If USD were to rally from here it would imply headwinds against the broad asset market rallies.…
Brief update on the US dollar index USD/DXY is thus far pausing at noted resistance at 105 and pulling back a bit. The run up in Treasury yields is theoretically…
Long-term investors in gold, and bull market traders in gold miners (not an "investment" in my opinion) may well disregard the theme of this update, because the macro is turning…
NexGen Energy (NXE) has broken the symmetrical triangle With reference to last week's update on NXE and its potential implication for the Uranium sector, this morning we find NXE breaking…
For all you U heads out there, a look at a stock that is leading the sector. While most of the sector is in a deeper correction mode within an…
A pre-market snapshot (daily charts) Gold worked off some of its short-term overbought situation (RSI) simply by grinding up and down, post-FOMC. I have expressed concern (by the overbought technical…
We'll take a closer look at the situation in NFTRH 802, but for the moment I want to point out that Uncle Buck is breaking what I had labeled a…
The disinflation theme, which we kicked off well over a year ago, continues apace as it appears that the recent bump up in inflation signals was only just that, a…
Uncle Buck has taken out the moving averages and will try to establish that as short-term support. Having made a lower low to the Feb. 2nd low, it would need…
USD may be in a bear flag With the caveat that the longer-term charts show an ongoing bull market and plenty of clear support already tested, the USD daily chart…
Daily chart of the Canadian TSX-V index TSX-V is an index pertinent to the global inflation trades * (e.g. commodity exploration/production, EM) and also smaller precious metals stocks, especially junior/exploration…
GDX has filled the first upside gap The daily chart of GDX shows the January 16 down gap being filled this morning. When projecting a bounce/rally we ID'd it and…