NFTRH+; The Duality in Silver
A brief update on silver during this market off-day in the US (R.I.P. Mr Carter, a classy human). The battle between the would-be bullish Cup & Handle and the would-be…
A brief update on silver during this market off-day in the US (R.I.P. Mr Carter, a classy human). The battle between the would-be bullish Cup & Handle and the would-be…
First an admin note related to the opening note in NFTRH 843: I have heard from several people in response to #843's opening segment expressing concerns about too much trade…
From NFTRH 843's Sentiment segment: Indeed, the market is resetting itself from over-bearish, should the play be another drive upward and potential bull blowoff. Note that the short-term risk summary…
Now that we are shaking off silly season, we can look forward to a market with more dependable signals. That's the hope and assumption, anyway. Let's grab an updated look…
The chart of silver is still in a bearish setup. I should have noted that in the previous update. Basically, what we have here is a daily technical pattern (bearish…
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…