The Gold/SPX ratio continues to look good today. The implication of a successful hold and upturn from the 200 day moving average would be positive for the gold miners' investment…
In yesterday's update we noted that the HUI index and the ETFs were still in corrective consolidation. After a gap up this morning, that remains the case as they have…
Despite the big up day, HUI (daily) remains in consolidation. GDX (daily) remains in consolidation. GDXJ (daily) remains in consolidation. Captain Obvious's bottom Line The gold stock sector remains in…
For we gold sector bulls at least, this is important - although probably early - signaling. The gold price is still under pressure. Today it is testing the 50 day…
The post title mentions signals. Like banks firm but yields dropping (one of these things is off base). Like gaps filling left and right after the goofy upside in momentum…
Very simply, the positive view of gold mining - if it is not to be interrupted - needs the Gold/SPX ratio to maintain its uptrend. In my opinion, gold's ratios…
A 'for reference' update to be filed in the 'may be nothing, may be something' category. My job is to try to find early potential signals but not to over…
[edit] see correction above the final chart. Thank you RD for catching this! Let's get an in-week picture of the US stock market's internals and couple unhealthy internal divergences, beginning…
Folks, I am the guy who's always talking about keeping noise levels down and frankly I have to tell you that I feel I did a poor job of that…
You probably did not need me to tell you that the Diamond consolidation is finally over and it's a downward breakout. Support #1 (key for the near-term) is the 50…
The Diamond has become a bit distorted but the important area now is its lower right quadrant. HUI has not dropped from the Diamond. I am almost hoping it will…
As long as the market keeps bulling (and the Dow still has that upside gap) we are going to keep managing bullish rather than bearish charts. I saw this daily…
A little in-day micromanagement for your viewing pleasure. The correction grinds on and folks, the miners have needed this, a running of the bugs. HUI dinged the 375 target and…
USD is making a move this morning to firm up a hold of the first support level, as noted in an August 19 update. Here is the updated daily chart…