Let's take a look at the headline industrial metal, copper. After a fake below the most recent bull flag/correction channel it has popped back into the flag. Key resistance to…
The spring/summer inflation cool down always was going to bring a bounce in the US dollar, AKA the global anti-market or counter-party to the big inflation/reflation trades that everybody came…
It looks like HUI is dropping back into its big picture handle (daily chart downtrend channel) unless it puts an end of day tail on that candle and closes above…
Let's micromanage the metals now that they got cracked. But first let's think about the miners. Yesterday we noted that HUI had not broken to a lower low in relation…
The projection has been that HUI bottomed vs. SPX per this weekly chart. It made a low, tested it, turned up hard and then earned the expected pullback. Ah, but…
[edit] From about noon ET I will be away from my office for the rest of the day, so don't interpret lack of trading or updating activity as the product…
The title is my way of saying CLOU and other growth areas have a chance to rally while bond yields drop. With the back-off in yields growth stocks are logically…
HUI (daily) is pulling back as expected to test support at the area where the SMA 50 is rising to meet the SMA 200 and the channel breakout point. Our…
Well, I cannot predict the breakout re-testing is over, but I can update for you the progress. Gold has broken out of the daily chart channel, which is also the…
Ref. the update on May 18... HUI went on to ping 325 and it would have been surprising had it not paused there. The daily chart has gotten moderately overbought…
Ratios of risk 'on' and pro-cyclical assets to gold are important for our macro view. Let's take a look at some of the hot plays that are consolidating and/or turning…
On 5/21 in the Trade Log we noted that the TSX-V was making an initial move above the SMA 50 to potentially break consolidation. Now a week later, it's still…
A look at the latest sentiment setup after the market's recent volatility. Graphs from Sentimentrader. Smart & Dumb indicators recoiled sharply. If this is another sentiment adjustment to refuel the…
From yesterday's trade log: "I am going to choose to imagine a large Cup & Handle on the FXI weekly chart and buy it." Before getting to the technicals, I…