NFTRH+; Weekly HUI
The weekly chart of HUI shows the Handle consolidation having been broken to close last week and follow-through in the opening hours of this week. Yes, it's a breakout. The…
The weekly chart of HUI shows the Handle consolidation having been broken to close last week and follow-through in the opening hours of this week. Yes, it's a breakout. The…
GILD is a stock I've traded off and on to unremarkable results. In the world of Biotech, it's a low growth value stock and speaking personally, as long as it…
Much like HUI has hit target (305-307) so has gold, having arrived at near the channel top and 200 day moving average. It's clear that this is a potential limit…
The Gold/SPX ratio continues its way upward, after breaking above the SMA 50. Here's the larger view for more perspective. As yet, considering all that resistance traffic above it is…
Cresud S.A.C.I.F. yA (CRESY) is a producer of Agricultural products and services. Each time I have looked at its chart and gotten excited I have had the thought of Argentina…
Since NFTRH 653 we have been managing the most subtle of bearish hints in the SPX/Gold ratio. Today the hint is a little more pronounced. Flipping the SPX/Gold ratio over…
WMT is added more for its classification as a Consumer Staple (such as it is) and portfolio balance than for the technicals. I want a certain amount of boring stocks…
HUI did the anticipated pullback to the SMA 50 (nearly to the 62% Fib) and rebounded, as per the ongoing bounce plan. Today Huey bumps his head up against the…
So we have talked a lot about the sector funda and macro funda which, with stocks and commodities out performing gold and long-term interest rates rising with inflation, are not…
It was just an inkling, the little double top in the SPX/Gold ratio referred to several times in NFTRH 653. Flipping it over, we find the Gold/SPX ratio furthering its…
Bullet points to consider... The macro has been inflationary for a year. Everybody is on board that train. With the limiter of 2.7 to 2.8% not yet reached on the…
NFTRH 653 included a few references to a tiny little hint about the SPX/Gold ratio and a would-be double top. Today's trading made the tiny signal a little less tiny.…
As it stands now we already do not have good fundamentals for a gold miner rally but still do have an ongoing technical bounce sprung by over-bearish sentiment. HUI has…
Sure, anything can happen. But at the moment long-term yields are recovering, which has been the expected course... ...if the Continuum is going to reach the limiter. Markets usually push…