In yesterday's Trade Log I noted a gut feel that the pullback/corrections in the reflation trades may be ending. Exhibit A: The Copper Miners ETF, COPX. I see this bullish…
Long-term yields are up this morning and to no surprise at all gold and silver are pulling back. Recall that our view for a gold bounce coincides with the current…
I don't make predictions because I think they are the stuff of promoters and/or egomaniacs. But I want to put up a post with the cop out "if I were…
On March 29th we noted a hint in the HUI/Gold (GLD) ratio. Today, it has progressed to a positive looking indicator. In fact the pattern looks a lot like the…
A simple look at the pre-market futures charts of gold and silver and HUI's status at yesterday's close. Gold is thus far holding to the 'retest of the lows' and…
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…