NFTRH+; Today’s market
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above the SMA 50, regardless of…
[w/ corrective edit] Daily and weekly charts of the two gold stock ETFs. GDX daily kissed the SMA 50 and SMA 200 goodbye and then kissed the neckline to a…
As you know, I have had a bit of a mental whipsaw between the right side shoulder of the (monthly) 30yr yield Continuum (one indicator of inflation) and the duo…
The daily chart of HUI highlights times when the index has dropped either to a new correction low or lost short-term support in dramatic fashion immediately prior to a bounce…
As we ping back and forth between the summer cool down (w/ potential liquidation) and the view of a resumption of the inflation trades I want to make a point…
From the August 10th update, we discussed a bounce a coming bounce in GDX as a short/hedge opportunity for those who would short (I'd had multiple emails asking about shorting…
Gold is bouncing from the deep drop to test the previous lows in March. Note the word "bounce" because it will not be anything more than that unless it takes…
It appears that Growth/Value may have topped out with the short-term bottom and bounce in long-term yields. If yields break through and reestablish a real uptrend then insofar as we'd…
Spurred again by back and forth conversations with Jordan (Daily Gold) I want to clear the air for a moment about gold stocks and reiterate the ongoing plan, which is…
From yesterday's Trade Log... Added ALRM on the pullback, as the chart calls out to me. Still a gap left above the SMA 200, which will be my warning area.…
Just an FYI that the CRB index held the SMA 50 and our key support area at 210 yesterday. Today, using DBC as a proxy that support hold was in…
A few people have asked about shorting gold stocks to hedge. Personally, I am not interested in that at this time and would rather do some more selling since my…
I wanted to get this posted now but am not going to proof it for typos or confusing language (past dinner time). I'll proof it in the morning, so if…
USD (DXY) is back above the neckline. Gold/Silver ratio never did break down and is now ticking a new high for this cycle. My lean is 60-70% toward the inflation/reflation…