NFTRH+; tax loss seasonal play at clear support
Fanuc is a Japanese company that produces robots and CNC machinery for manufacturing. It has heavy footprints in the US and China, among other global areas. I am also a…
Fanuc is a Japanese company that produces robots and CNC machinery for manufacturing. It has heavy footprints in the US and China, among other global areas. I am also a…
ZM was all the rage in 2020 for obvious reasons. Here in the waning weeks of 2021 it may serve as a tax loss selling opportunity for buyers. Very simply,…
For you gold stock sports fans, per 15 minute charts... GDX and GDXJ are each filling the opening gap up. This is no comment about micromanaging a resumed rally (nothing…
Using fresh, un-marked charts for simplicity... It's right on cue, pre-FOMC. HUI is testing the 50 day average as expected. I make no remarks about bullish or bearish or the…
In May 2020 an NFTRH+ update reviewed the TSX-V/TSX ratio, which had taken out the 200 day average as we gauged the coming inflation trades with a bullish eye. Remember,…
A mid-week daily chart update of the precious metals. Gold (futures) is still scrapping at the down-trending SMA 50 and SMA 200. Step 1: Take those out and hold them.…
SSRM will be subject to the precious metals miner rally and also to earnings season upcoming (SSRM reports on November 4th), which I don't think is going to generally be…
I highlight things I see during the week expecting us not to over-react but instead, consider. What I see today is Healthcare (XLV) testing the April low in relation to…
While it appears that the next and possibly final leg* of the inflation is underway, the US dollar and Gold/Silver ratio (our macro indicators that would guide the other way…
As you know I have stubbornly refused to abandon the Cannabis MSO (multi-state operator) play. Indeed, I am slowly positioning with the view that last year's high fliers are getting…
The TSX-V/TSX ratio, the ratio of the speculative Canadian market vs. the senior Canadian market, which I use as a guide to speculative inflation trades, has spiked to take out…
An FYI that HUI's 2nd target is being ticked today. That is the 255 area (current: 257). This also corresponds with the neckline of the yellow shaded pattern for what…
Below is a snapshot of the health of the speculative inflation trades and a reason I have gold on watch to bust its bearish macro trappings at any time. There…
Another routine technical update of the precious metals, with all items on track to the bounce projection. Gold is slithering along the upper bound of the downtrend channel that is…