It's the metallic indicators again, doggedly refusing to negate their bearish turn. Thanks to subscriber Joe for giving me the heads up on this. The first part of my day…
US Stocks Well here it is. China counter punches in the trade war drama and markets are down big, pre-US open. Personally, unless precious metals stocks fight the tide in…
In the event that this is just a correction - which technically speaking is all that it is at this point given the market's up trend - I want to…
Well, it's just a day. But after the big bounce back in stocks one set of indicators is not confirming the big upward burst. I took a look at PALL/Gold…
Let's take a simple checkup on daily charts across several areas. Dow broke through the underside of a Symmetrical Triangle but until a lower low to the March 2 low…
In NFTRH 490 we noted that the market had a sentiment underpinning that could see more short-term upside. Monday was positive and today gapped up to open and spent the…
Our short-term theme has been that the new Fed chairman's interest rate comments and Trump's steel tariffs uproar would be unwound with a bounce before the market shows its cards,…
This morning is a microcosm of what we'd want to see for gold, silver and PM complex in a counter-cyclical environment. Even as USD settles after painting a bearish candle…
Gold Sector We covered HUI's status in yesterday afternoon's update. The sector usually ends corrections (it has been in one long, corrective consolidation since 2016) with a shakeout, and these…
A very simple update on the gold sector. We have noted HUI support at 170 but also the 2016 secondary low at 160 as another support area. A hold or…
As noted in the Trade Log yesterday, I shorted BRKS. This is a lesser quality Semi Equipment company as compared to LRCX, which I am also still short. I had…
First, a nice summary from Motley Fool for background. DVAX is the last highlight of three. A more recent piece on the company is here. My observation is that these…
Cyclical indicator PALL/Gold has bounced to and at least temporarily halted at the SMA 50. However, the weekly chart reviewed previously has recovered the EMA 20. If this indicator resumes…
A subscriber asked me about this chart several months ago and I've kept it slightly on radar since. In the ensuing months it has gone on to form a potential…