NFTRH+; Royal Gold
RGLD has under performed its peers and the gold miners since August. Going strictly by the charts and assuming that any fundamental changes within the company's structure have not compromised…
RGLD has under performed its peers and the gold miners since August. Going strictly by the charts and assuming that any fundamental changes within the company's structure have not compromised…
Based on two emails received and on my own long-held (and expressed) view that a real bull market in the gold sector can and probably will be ground out against…
I want to update the charts from the last two updates (GDX, XLE and SPX) and also have some words about the markets overall. GDX hit the first resistance level…
On Tuesday we reviewed the constructive looks of gold stocks (GDX), energy (XLE) and the US stock market (SPX) by daily charts. In NFTRH 363 we noted that GDX had…
The Character of the commodity complex is improving. Each week NFTRH has maintained the 'bear market' stance, and that is of course still the case. But there was the pesky…
As you know, we have been following this constructive view of the 30 year yield vs. the 5 year yield with respect to its would-be negative implications for the stock…
We have had a theme that gold will not be favored until confidence wanes in policy making and its ability to control market outcomes. I thought this morning's post-Payrolls reaction…
Yesterday in pre-US market, we noted the big picture of the S&P 500, which is technically bearish on the intermediate-term and still up trending on the long-term. We also reviewed…
A 60 minute view of SPX. I am going to consider it worth a shot from the short side here at the channel top. The stop loss will be a…
Sometimes we need to dumb it down and look at cartoons or the simplest pictures we can find. This is a calming view when considering the noise of Elliott Wave…
As if our jobs were not complicated enough trying to divine bullish or bearish at this technical decision point in the markets, here comes FactSet with the numbers on earnings…
It often pays to follow the leaders. Biotech dropped and reversed from its test of the August lows. SOX-SPX ratio was relatively stronger on this decline than the August decline.…
Well folks, 'August low retest' it is, as per plan. Part 1 was the drop from the August breakdown. Part 2 was the 'bounce' recovery (ended at SPX 2020). Part…
A quick run down on multi-markets... S&P 500 is in a downtrend and has dropped as expected toward a test of the August low. Today's candle and those of other…