NFTRH+; Gold & Silver (futures)
A look at gold and silver futures daily charts, considering the positive (on 30yr average) seasonal and constructive CoT of each metal. Gold is bumping up above the daily chart…
A look at gold and silver futures daily charts, considering the positive (on 30yr average) seasonal and constructive CoT of each metal. Gold is bumping up above the daily chart…
As noted in the weekend report I am giving BTC/USD the benefit of the doubt pending the support at the top of green shaded cluster from September but wanted to…
With respect to the previous update, let's also take a look at the Silver/Gold ratio (SGR) which, as a "metallic credit spread" along with its opposite twin, the Gold/Silver ratio,…
Junk bonds (HYG) have held above the 50 day average, indicating that risk is still 'on'. Junk/Investment Grade (LQD) has recovered strongly and is flipping positive as well. Junk/Treasury (20+…
Just a moderate priority update, with picture of the US market leadership chain. SOX/NDX, NDX/SPX and SOX/SPX are all firm today and maintaining the 'intact' status noted in NFTRH 686…
Last week in an update we reviewed the gold price as adjusted by commodities and stocks with gold becoming constructive vs. commodities and global stocks (ACWX) but still inactive vs.…
Omicron is front page news as the COVID spikes that we reviewed (ref. Reuters COVID Tracker, h/t subscriber FG for the link) as the 4th wave of infections reviewed back…
It is no coincidence that gold stocks are positive as broad markets correct to varying degrees. As the inflation trades cool, gold begins to out-perform. Most gold bugs demand -…
And so the tapering Fed is behind us. The upper gaps are filled on the main US indexes and the lead up to FOMC was actually less irritating than normal,…
Just an FYI for anyone with interest in Palladium. The target established last summer was 1600. This morning Pd has dive bombed to 1598. Close enough, eh? I am not…
HUI and GDX have joined GDXJ in making lower lows to the early November low. That was a moderate negative, technically. But as you can see, HUI is getting oversold…
Pardon any typos, funny wording or confusing concepts you may encounter. I wrote this quickly and will edit it after. If you have any questions just pop me an email.…
Looking at it through the lens of the inflation/liquidity indicators and the anti-liquidity indicators we find Team anti-liquidity with an upper hand of late with Omicron providing an excuse for…
It's not to say that I am going to buy all or even any of these stocks, but they are some of what I have on watch to consider doing…