A snapshot to show the daily chart progress of 3 large gold stock Amigos, the likes of which are probably the best indicator on what the sector (HUI) is doing.…
Ref. the June 17 update showing the ratio of the TSX-V to the TSX in a Diamond formation from which it would soon break one way or the other. Today…
GDX is threatening to break the pattern today. It has taken out the trend line and a clear of point 2 could set it on its way. We've been noting…
FYI on seasonal averages, which can deviate from the average in any given year. But just for your reference as we continue managing the correction. Based on the average since…
Let's start off by noting that many people do not think support, resistance and other common TA reference points are applicable to market ratios like the TSX-V/TSX ratio below. I…
Being a portfolio twittler, I of course started re-buying NGD too soon. But I am doing it with a trader's eye for lower buy levels. A miserly trader will look…
Insofar as we participate in financial markets the Fed's message is simple: Keep dancing! The moment the relief rally took its first hard pullback last week they got on it;…
[edit] Doggone it, I forgot to protect the post. I'll leave it as is. It's back in the hangar for repairs. JBLU has tanked from resistance and pulled back to…
Nice, the miners are going green after a tough start. But GDX has not taken back the SMA 50, which it lost this morning after dumping out of a bear…
Gold is still wearing its happy face (that content looking pattern) :-) as it maintains the SMA 50 and support and thus continues to target 1940. Trends are and have…
I am finally getting myself oriented after being on the road yesterday and completely missing the FOMC nothingburger of future inflationary policy. The broad markets are using COVID-19 resurgence fears…
I am trying not to be an indiscriminate buyer. I added the shares of WDOFF back that I'd previously sold and bought and increased FNV. But I am still thinking…
The CDNX/TSX ratio was first and the Silver/Gold ratio was second. Today CDNX/TSX ratio is getting clobbered. A reaction always was going to come about, but this is a severe…
Picture = many words. The US dollar index lost the SMA 200 and support at 98.30, dropped to and through the next support level at 97.65 and this morning is…