As you know, one of our most important market indicators is a simple view of the Semiconductor sector as a leader of the broader US stock market. SOX/NDX and SOX/SPX.…
There is a case for the war relief to paint the broad rally as a 'B' high, as we've been considering. That same case applies to the gold mining ETFs/indexes.…
Editorial Comment After the latest TACO sale, the stock market is doing the predictable. Trump did what we all should have known he would do; flip on his vile and…
As you know, we are watching for the potential of A-B-C bull market corrections in both the gold mining indexes/ETFs and in some broader market indexes/ETFs. SPX being a prime…
Before getting into the technical targeting of this update, I want to repeat that the macro view for gold stocks is different this year than it was last year. In…
The stock market continues to do the expected. Somewhat unexpectedly, if that makes sense. In other words, the bearish setup is so obvious (TA & war/macro) anyone could spot it.…
Trump backed down today, apparently negotiating with ghosts. Before that happened gold, silver and GDX had all registered the lower targets we had set. Risk/reward is and was greatly improved,…
The stock market has refused to break, and despite the war-driven spike in oil prices, the macro is in an interim disinflationary phase, not an inflationary one. Ref. this morning's…
Lately there is a lot of scary stuff flying around the internet. You know, the purveyors of whatever will scare you the most, doing their thing. In this case, the…
I am viewing this broad market correction as an opportunity, given the macro view for the balance of 2026. That includes the precious metals and commodity sectors. As you know,…
As you know, the recent quarterly reports for the gold mining industry were expected to be quite positive, and they were. We viewed that as a "sell the news" possibility…
As gold and silver get hammered this morning, the US dollar index is ramming upward. This is exactly the scenario that would lead a sector correction and corrections in other…
Brief updates on the US stock market, commodities and precious metals: US Stock Market SPY is attempting to re-take the 50 day average, QQQ is still below the SMA 50…
Yesterday GDX poked the target zone of 108-110. Now it is decision time. Reviewing the factors in play, we anticipated that a bounce could very well coincide with earnings season,…