NFTRH+; USD
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…
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…
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,…
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…
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…
An update on the gold miners As GDX bounces from another moderately oversold reading, let's take a checkup on the situation. Technically, it is bouncing from a higher low to…
First, a note that if you have not seen it, the trade log has a daily chart and some words about GDX. I also posted a weekly chart of GDX…
GDX has filled its lower of the two nearby daily chart gaps after the bear flag breakdown. It is good to have that gap out of there. GDX is viable…