Admin Note I am glad a subscriber asked about a print function for posts (including online NFTRH reports and updates) because it got me kicking the tires of the website…
A quick view of S&P 500 futures (ES). It has failed at the logical area (downtrending SMA 200) three times since early December. There are positive breadth and leadership signals…
With reference to previous updates on GDX and Gold and Silver, let's bring things up to the moment. Gold (futures) is breaking through the 1920 area resistance this morning. It…
We have been tracking the correction in the US dollar (AKA the global anti-market) and its companion, the Gold/Silver ratio each trending down as broad market relief has finally taken…
Yesterday we reviewed a potential halt (and pullback) area that GDX has risen toward. Today, let's take another look at the daily charts of gold and silver (futures). Gold hit…
Using GDX because the HUI index does not show the daily chart gaps. I want to call your attention to three upside gaps and a downside one, as GDX starts…
It occurs to me that I write a lot of words. It also occurs to me that important ideas can get lost in all those words. This little update wants…
Very simply, if the party is going to include the more speculative inflation-sensitive stuff (remember, Fed hawk relief can also temporarily aid the inflation trades that got hammered due to…
If we are resuming the Q4-Q1 broad rally theme (and it looks that way) in the face of the US dollar in correction, then the Emerging Markets are a prime…
Just a quick end of day snapshot of the HUI/Gold ratio. The gold stock world could end tomorrow. But it sure did not end today.
I know a lot of subscribers read Tom McClellan, an analyst/newsletter writer who looks for market clues in market correlations and relationships, much like your letter writer does. In his…
A little micromanagement of the gold stock sector since a) it's the favored sector for 2023 and b) it has tentatively taken out important resistance that we've identified as a…
The move being the pullback in long-term yields this morning, which would be in line with our view of disinflation and a pivot toward the favored counter-cyclical 2023 view as…
I am not one to short very often. But I don't care for Energy and I don't care for alternative energy either. Not at the moment. This is no recommendation…