They were firm when the stock market cratered and on a market recovery day they have decided to follow GG down, rather than AEM up (of course, AEM then reversed…
A couple of interesting things here. As noted in the last update, gold stocks remain in the consolidation handle that began to form after the big blast upward. There is…
This morning is interesting. As we have been noting, there has been a contrary setup in the bond market and we are watching for a potential failure in long-term yields.…
Okay, so the stock market cracked. We will look at daily charts of SPX, INDU, NDX and SOX to update the status and see what might be directly ahead. Of…
A quick review for newer subscribers. We used this chart all summer to project a rally to test the January high and a possible 'M' double top. When SPX broke…
When the bounce began in gold stocks (GDX, HUI, etc.) we used the green shaded zone below as critical support to a continued bounce. GDX held there and bounced to…
With interest rates making big headlines so too will dollar-bullish headlines come about. Any short-term weakness in the gold sector would theoretically be the 'anti-USD' gold bulls selling out. That…
USD is at at the center of everything right now. It dropped and the global anti-USD trade bounced, as expected. We targeted the 200 day moving average on USD if…
A simple daily chart view of HUI showing what needs to happen in order for Huey not to abort its bounce potential. It needs to bounce from the current area…
When we were originally alerted to the coming slowdown in Semi Equipment, my industry contact had been working to a Q4 2018 to Q1 2019 game plan for cyclical recovery.…
There is a lot of chatter going on about interest rates with multitudes of chart jockeys noting the bearish state of long-term bonds (bullish yields) and one gentleman on Twitter…
SPX keeps the bull trap scenario alive by not making a higher high before today's downturn. That downturn only filled a gap so at face value it is nothing serious.…
SPX has negated the minor slip below the January high we noted in NFTRH 516. It is back above that level and today made a move to break a short-term…
Technical We have gone on about the bad fundamentals for too long now. With the sector washing out it would be best for a buyer to see the US stock…