From NFTRH 659's Precious Metals segment: "The mechanics are that as long as the Cup’s handle remains in breakout mode the bias is up and any thoughts about a final…
[edit] From about noon ET I will be away from my office for the rest of the day, so don't interpret lack of trading or updating activity as the product…
The title is my way of saying CLOU and other growth areas have a chance to rally while bond yields drop. With the back-off in yields growth stocks are logically…
HUI (daily) is pulling back as expected to test support at the area where the SMA 50 is rising to meet the SMA 200 and the channel breakout point. Our…
Well, I cannot predict the breakout re-testing is over, but I can update for you the progress. Gold has broken out of the daily chart channel, which is also the…
Ref. the update on May 18... HUI went on to ping 325 and it would have been surprising had it not paused there. The daily chart has gotten moderately overbought…
Per the Trade Log yesterday as I was doing some selling... Frankly, I am not in love with market risk at this time and wondering if maybe some of these…
Ratios of risk 'on' and pro-cyclical assets to gold are important for our macro view. Let's take a look at some of the hot plays that are consolidating and/or turning…
On 5/21 in the Trade Log we noted that the TSX-V was making an initial move above the SMA 50 to potentially break consolidation. Now a week later, it's still…
A look at the latest sentiment setup after the market's recent volatility. Graphs from Sentimentrader. Smart & Dumb indicators recoiled sharply. If this is another sentiment adjustment to refuel the…
From yesterday's trade log: "I am going to choose to imagine a large Cup & Handle on the FXI weekly chart and buy it." Before getting to the technicals, I…
Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…
From yesterday's update using the chart below... Today HUI takes out the 1st ‘get out of jail’ point on the daily chart. We noted this and the 2nd ‘get out…
Today HUI takes out the 1st 'get out of jail' point on the daily chart. We noted this and the 2nd 'get out of jail' point at 325.26 back in…