GDX Weekly Chart We noted the overbought status of daily GDX earlier. The weekly chart is also getting overbought. This leg has been vertical, after all. That is impulsive and…
Nothing has changed for me. As long as the fundamentals stay intact I am bullish. But since the gold sector came out of the gate this week still on a…
Macro & Sector Fundamentals We have been tracking the real fundamentals for gold stocks and the two that were still in question are gold's ratios vs. stock markets and the…
It's good old Campbell's Soup. You grew up with it. I grew up with it. It has headlines like a divestiture of Bolthouse Farms and an entry into the meatless…
I am keeping an eye on the Biotech sector as IBB starts to make a move. I'm not watching it to buy it but rather, because I've already bought it…
The daily chart of GOLD is not much to write home about as it moves in a volatile sideways trend above and below the sideways-going moving averages. There was that…
From Wednesday's update on the SPX bounce (emphasis added)... To keep symmetry with the ‘alt’ shoulder scenario this morning’s projected opening gap to 2820 should be about all there is…
So far we are 100% on plan. With the obligatory breakdown below and whipsaw back above the SMA 200 SPX has filled another gap and held the next support area.…
Impulsive rallies can be blow off ending signals when they come after long up trends and amid over valuation. One recent example was the January 2018 manic blow off and…
I am far from an expert on why the CNH/USD currency pair and gold had traveled so well together. But I do have eyes and can see that they have…
A daily chart short setup has presented itself on IBM. The 200 day average has acted like a neckline of sorts (sort of like one of the options we have…
A super simple update using the daily chart that has appeared in NFTRH over the last several weeks. From NFTRH 553... "The market can bounce this week to fill the…
The strenuously overbought Bitcoin (BTC/USD) is finally pulling back from a resistance zone by this weekly chart. The lateral support shelf is shown in green. The vehicle I used previously…
The macro view of Uranium is that the slack demand will eventually start to tighten (note the word "eventually" with patience) and that the sector has a future in clean…