It is a post-FOMC holiday week with Stimulus news out. What better time for some confusing market moves? The FOMC week bounce in gold stocks, which has the potential to…
Just a quick update to show that the TSX-V/TSX ratio and the Silver/Gold ratio are still on the forward inflationary view and not buying the bearish impulse in the markets…
NFTRH+ update on Fortinet (FTNT) finally paying off Back on 10.30.20 we had an NFTRH+ update on a stock that was getting harpooned despite good earnings. The drop appeared to…
I don't want to sound like a pom pom waving cheerleader, but I do want to be plugged into reality. The reality is that the 'best' HUI target of 280…
We have shown the TSX-V/TSX ratio to move in positive correlation with inflationary market phases and today it continues to be constructive for more upside as it continues to hover…
So above you see a sensational headline that thinks it is making a grand prediction for you. Well, it does not know any more than you or I. But it…
A look at the in-day views of gold and silver using daily charts. Gold halted at the down-turned SMA 50 after previously using the up-sloping SMA 200 as support. The…
The TSX-V index is making a new high for the recovery cycle. This is important to many of the more speculative resources/commodities trades. The ratio of the V to the…
[edit] Payrolls data are out, they were well below forecast (+245,000 vs. +432,000) and the market is taking it as a big nothingburger. Gold and silver barely moved, the USD…
It's none other than Biotech giant GILD, which I have held for a few weeks now for non-chart reasons, maybe (repeat maybe) making a move off the bottom. Today it…
The perfection is in the fact that one is getting brutalized by the optimism breaking out everywhere (Media serve up everything from vaccines to the presidential transition to the appointment…
In some ways the gold miner correction almost had to happen. So says the chart below. A reminder here is that nothing is happening now that did not happen in…
I have been noting that the HUI/SPX ratio can lose the SMA 200 and still be okay as long as it makes a higher low to June, a loss of…
RINF (inflation expectations gauge) is aligned with the view that markets are rotating, not ending. And that rotation, as of now at least, appears to be toward the cyclicals (and…