Why again do I not have the constitution to be a perma-bear? Dow counts 27805 reasons as it breaks through the EMA 20 and SMA 50. SPX has taken out…
On 9/24 using the daily chart below we noted... "A simple chart showing HUI in lock down below former support, now resistance. It’s bouncing today but that means little until/unless…
The Gold/SPX ratio has dropped back to the 200 day moving average once again. I'll remind you that a loss of the 200 day average and a lower low to…
A simple chart showing HUI in lock down below former support, now resistance. It's bouncing today but that means little until/unless Huey can take back 325 and hold above it.…
The JX (CDNX)/TSX ratio is breaking down below the SMA 50. Recall that in May when it took out the SMA 200 and again in June when it broke the…
A few pictures as we prepare to close out another wild and woolly FOMC week. While other markets, like the Nasdaq especially, are in a precarious situation the gold miners…
NEM appears to be breaking the Handle to a bullish Cup that began to form during the May-June sector correction. The Handle is the current sector correction. There is an…
It is FOMC week, a time that can be noisy. But we noted it was preferable to enter FOMC with gold muted rather than bulling, and that is what we…
The Gold/SPX ratio continues to look good today. The implication of a successful hold and upturn from the 200 day moving average would be positive for the gold miners' investment…
In yesterday's update we noted that the HUI index and the ETFs were still in corrective consolidation. After a gap up this morning, that remains the case as they have…
Despite the big up day, HUI (daily) remains in consolidation. GDX (daily) remains in consolidation. GDXJ (daily) remains in consolidation. Captain Obvious's bottom Line The gold stock sector remains in…
For we gold sector bulls at least, this is important - although probably early - signaling. The gold price is still under pressure. Today it is testing the 50 day…
Inflation/Deflation Any strategy aside from stoically sitting with current positions and macro view (whatever an individual's stance maybe) will depend on the inflation/deflation dynamic. More to the point, inflation expectations…
The post title mentions signals. Like banks firm but yields dropping (one of these things is off base). Like gaps filling left and right after the goofy upside in momentum…