While I am still short SPY and QQQ, I covered the shorts on silver (SLV and ZSL) in order to hold remaining gold stocks (plus WDOFF & KNTNF added recently)…
As we work through the Santa seasonal and into the post-tax loss January effect *, the S&P 500 lurks below the target of 6180 (currently 6020 after having hit a…
A heads up for anyone who may be interested in Banks and Financials. The ETF, KBE has made a pretty good decline to fill its November 6th "America great again"…
The 'C' wave down of an A-B-C bull market correction continues to look not only viable, but now more likely for the Gold Miners ETF, GDX. The price is dinging…
This FOMC day feels different than those we've had all year as the Fed leaned into its dovish stance with the diminishing of inflation signals and oh yes, the oncoming…
As a companion update to yesterday's look at the GDX seasonal (on average, positive in December since 2015) let's also look at the gold and silver seasonals, along with public…
The gold stock seasonal average is positive in December Of course, any given year can deviate. But this cool tool I just found with TradingView charts just idiot proofs the…
The gold stock sector has been getting the cleaning it needed. Thus far it has been a routine correction. But if GDX is in an A-B-C pattern, it could become…
Yesterday was an upside whipsaw that I did not take the bait on and chase. It broke through resistance, tapped the underside of the 50 day average and now is…
I have drawn another version of the USD bull flag on the daily chart. It is in the form of downtrend channel (parallel black dotted lines) that could become the…
Yesterday we noted in an NFTRH+ update: Right now it [silver] is at clear resistance. Meanwhile, the Gold/Silver ratio is nesting on its SMA 50 & 200 and is neutral…
In NFTRH 839 we noted how important the 50 day averages would be in the precious metals. Especially for silver, which unlike gold, has bullish Cup & Handle pattern potential.…
As I got rid of my frustrating positions in Corn and Soybeans (ref. trade log), I naturally want to look into another painfully depressed commodity, because why just buy and…
We have been tracking the loss of leadership by the Semi sector, at the front end of the SOX > NDX > SPX leadership chain since the cyclical indicator's top…