NFTRH+; Gold, Silver & HUI
Gold has made a test of the lows, as expected after it dropped from the bear flag. The expectation was for a test of the lows or a marginal new…
Gold has made a test of the lows, as expected after it dropped from the bear flag. The expectation was for a test of the lows or a marginal new…
We have managed the 30yr yield Continuum all the way up to the caution area (2.5% to 2.7%). I believe that there will likely be higher to go in yields…
Back in late December I added a boring drugstore (WBA) for a trade that worked well off the bottom. Here is another boring drugstore in a different type of setup,…
With gold and silver getting roughed up today I was looking at my FNV position earlier and wondering why it was so strong while most gold stocks were also in…
The US dollar has taken out the daily SMA 200. It's still in a major downtrend but it's also still bouncing and therefore, capable of eliminating the downtrend. To do…
Silver finally hit the SMA 200 today and closed back above lateral support (daily chart). That's great. But if the precious metals complex is going to correct deeper then this…
NOTE: I will be on the road for the next couple of days, so please don't interpret any lack of activity on my part as having anything to do with…
The potential short-term bullish pattern noted last week in CRSP is showing up in other places (NDX, AMZN & NVTA shown here). Again, note that I personally don't consider patterns…
There is so much to cover in a weekly report that sometimes I cannot be as pointed as I'd like in my wording. Hence, in-week updates like this one to…
The other option I see in the daily charts of some of the sexy leading stuff is based on a potential pattern. Now, pattern recognition is another way of saying…
I've been writing the words "bear flag" pretty frequently lately with regard to the various bounces going on in some stocks. Below are a couple of pictures of bear flags…
The 30yr US Treasury bond yield has ticked the 2.5% to 2.7% target zone this morning. The big picture is exactly as we have been anticipating since the policy response…
From my Fidelity screen here is a picture of GTBAF (GBR.V) doing what needs to be done to undo the technical damage. Just two weeks ago I was considering taking…
[edit] After writing the below I realize it is not making any hard conclusions and does not necessarily even know what its point is. Consider it an exercise by one…