Long-term investors in gold, and bull market traders in gold miners (not an "investment" in my opinion) may well disregard the theme of this update, because the macro is turning…
NexGen Energy (NXE) has broken the symmetrical triangle With reference to last week's update on NXE and its potential implication for the Uranium sector, this morning we find NXE breaking…
For all you U heads out there, a look at a stock that is leading the sector. While most of the sector is in a deeper correction mode within an…
A pre-market snapshot (daily charts) Gold worked off some of its short-term overbought situation (RSI) simply by grinding up and down, post-FOMC. I have expressed concern (by the overbought technical…
We'll take a closer look at the situation in NFTRH 802, but for the moment I want to point out that Uncle Buck is breaking what I had labeled a…
The disinflation theme, which we kicked off well over a year ago, continues apace as it appears that the recent bump up in inflation signals was only just that, a…
Uncle Buck has taken out the moving averages and will try to establish that as short-term support. Having made a lower low to the Feb. 2nd low, it would need…
USD may be in a bear flag With the caveat that the longer-term charts show an ongoing bull market and plenty of clear support already tested, the USD daily chart…
Daily chart of the Canadian TSX-V index TSX-V is an index pertinent to the global inflation trades * (e.g. commodity exploration/production, EM) and also smaller precious metals stocks, especially junior/exploration…
GDX has filled the first upside gap The daily chart of GDX shows the January 16 down gap being filled this morning. When projecting a bounce/rally we ID'd it and…
A super simple update to note that GDX is dinging resistance #1 today. FYI for any traders out there. It feels to me like a launch to a better rally,…
We have been noting how the Gold/SPX ratio is still a downward drag for the gold miners as the HUI index is still well above that guiding ratio, which is…
A low priority update, because sometimes it's nice to just do good old fashioned stock analysis rather than heavy macro stuff all the time. SMCI is a stock I nailed…
I am keeping this divergence of the VIX to SPX in mind over the near-term. Such divergences preceded the 2020 mini crash in stocks, the 2022 bear cycle and a…