NFTRH+; Fed & Trump Admin: Keep Dancing!
Insofar as we participate in financial markets the Fed's message is simple: Keep dancing! The moment the relief rally took its first hard pullback last week they got on it;…
Insofar as we participate in financial markets the Fed's message is simple: Keep dancing! The moment the relief rally took its first hard pullback last week they got on it;…
[edit] Doggone it, I forgot to protect the post. I'll leave it as is. It's back in the hangar for repairs. JBLU has tanked from resistance and pulled back to…
Nice, the miners are going green after a tough start. But GDX has not taken back the SMA 50, which it lost this morning after dumping out of a bear…
Gold is still wearing its happy face (that content looking pattern) :-) as it maintains the SMA 50 and support and thus continues to target 1940. Trends are and have…
Here is what we are dealing with this morning, after yesterday's big break. And this. It's a typical FOMC week where the machines react in all sorts of erratic ways,…
I am finally getting myself oriented after being on the road yesterday and completely missing the FOMC nothingburger of future inflationary policy. The broad markets are using COVID-19 resurgence fears…
I am trying not to be an indiscriminate buyer. I added the shares of WDOFF back that I'd previously sold and bought and increased FNV. But I am still thinking…
The CDNX/TSX ratio was first and the Silver/Gold ratio was second. Today CDNX/TSX ratio is getting clobbered. A reaction always was going to come about, but this is a severe…
Picture = many words. The US dollar index lost the SMA 200 and support at 98.30, dropped to and through the next support level at 97.65 and this morning is…
FNV is apparently being puked by the the institutions that no doubt piled into the premier gold stocks during the Corona-panic. They must be busy chasing value (that's sarcasm) in…
Per a subscriber's request, let's take a look at the silver futures as it stands at 11:25 US ET. The silver price stopped right at the resistance level we've been…
As suspected, the correction that barely touched the top of the 250-260 support zone last week was not a one and done affair. It was too quick and relatively pain…
Well if this is not a decision point I don't know what is. USD index is making a hammer candle right at the last ditch support line we've been watching.…
I am not showing you anything new here but I tend to continually review indicators like this both for myself and for others who maybe have not caught all details…