NFTRH+; Update [w/ edit]
[edit] I wanted to mention that there are still many charts with intact trends. Personally, if something loses trend I have probably sold it and if something is not favored…
[edit] I wanted to mention that there are still many charts with intact trends. Personally, if something loses trend I have probably sold it and if something is not favored…
My wife: “You suck at vacation.” A few notes after Powell jawboned the market yesterday: The thing I find annoying about the market’s reaction is that Powell is merely stating…
The HUI/Gold ratio (HGR, precious metals 'internals' indicator) is still completely on trend after a not unexpected rough day for the precious metals. It is interesting to me that the…
Considering the flat out epic over-bearish AAII sentiment reading and the nearly as extreme Investors Intelligence, I decided yesterday to give this chart from NFTRH 702's Market Sentiment segment a…
With reference to the previous update, we got the gap fill (15 min. & daily chart) on GDX today. That is a good thing. It does not mean GDX needs…
Once again a little lower priority in-day gold stock management. GDX (15 min. chart) left an opening gap (up) this morning and then reversed to try to fill it. In…
The previous (public) post updates the ongoing sideways situation in the Copper/Gold ratio, one of our cyclical/inflationary vs. counter-cyclical dis-inflationary indicators. Here let's review the TSX-V (CDNX)/TSX ratio, which normally…
Very simply, the miners jumped at the open and left a gap. Now that gap is filled on the GDX chart. It's better to have it gone than still in…
The trend remains down in the 10-2yr yield curve, but I'd say a 92% jump from inversion in the steepening direction is notable and demanding of our attention going forward.…
Here is the updated picture of the macro we want to see engage for a clear bullish macro-fundamental view of the gold mining sector. Gold/SPX is constructive to have bottomed…
Of course, this is just one lowly participant viewing the market and the media/policy circus surrounding it. But Brainard did not just happen to pop out yesterday to explicitly state…
On March 21 we had an update noting that the TSX-V (CDNX) had tentatively taken out initial resistance (now support along with the SMA 50 at 856). Today's attempt at…
As noted in the last couple of NFTRH reports, SPX would start to go bullish potentially for more than the heretofore expected bounce if it takes out and holds the…
After this morning's drop and today's partial in-day reversal we find gold having thus far successfully tested the SMA 50. Dog gone if I know whether this reversal meant anything…