NFTRH+; Updating the gold stock ‘bounce’ theme
From the August 10th update, we discussed a bounce a coming bounce in GDX as a short/hedge opportunity for those who would short (I'd had multiple emails asking about shorting…
From the August 10th update, we discussed a bounce a coming bounce in GDX as a short/hedge opportunity for those who would short (I'd had multiple emails asking about shorting…
Gold is bouncing from the deep drop to test the previous lows in March. Note the word "bounce" because it will not be anything more than that unless it takes…
It appears that Growth/Value may have topped out with the short-term bottom and bounce in long-term yields. If yields break through and reestablish a real uptrend then insofar as we'd…
Spurred again by back and forth conversations with Jordan (Daily Gold) I want to clear the air for a moment about gold stocks and reiterate the ongoing plan, which is…
From yesterday's Trade Log... Added ALRM on the pullback, as the chart calls out to me. Still a gap left above the SMA 200, which will be my warning area.…
Just an FYI that the CRB index held the SMA 50 and our key support area at 210 yesterday. Today, using DBC as a proxy that support hold was in…
A few people have asked about shorting gold stocks to hedge. Personally, I am not interested in that at this time and would rather do some more selling since my…
USD (DXY) is back above the neckline. Gold/Silver ratio never did break down and is now ticking a new high for this cycle. My lean is 60-70% toward the inflation/reflation…
HUI's technical status on the near-term daily chart view is not good. Anything can happen and charts can change. But this is a bearish chart. It is also a chart…
Gold and silver got bombed last night and have been recovering ever since. Here is the status of what are thus far Hammer candles. Gold broke down into the downtrend…
Why? Why do people get involved with the gold stock sector? And in my case why get involved with it when you don't like the fundamentals (or the technicals, for…
We had a bullish write up about the Semi sector in NFTRH 666(6). Let's call that a wild card among the less defensive market areas due to its growing field…
I was a little uneasy about the gap up in gold stocks this morning (uneasy because I've added positions and want to see the bounce continue), but that is being…
The 2 Horsemen of the (would-be) Apocalypse have been delayed, if not rescheduled. Review: When the US dollar and Gold/Silver ratio (GSR) rise (ride) together the implication is market liquidity…