Gold price (monthly chart), amid the noise [w/ edit]
A monthly chart view of the gold price projects a break to blue sky, but needs to confirm a breakout first (and endure the noise of an 'in the bag'…
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April 14, 2023
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GDX Golden Cross: a price paid
Another Golden Cross, another heartbreak and a price paid by believers in this TA novelty It usually, if not always, goes this way. As noted on January 24, the Golden…
February 3, 2023
Golden Cross bull signals in gold stocks!
Golden Cross bull signals have just been announced by a gold stock always-bull Look, I said I was going to back off directly criticizing smaller promoters in the markets and…
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January 24, 2023
Don’t look now oil bulls, but…
"a huge bull wedge is in play" for crude oil While I am not necessarily bearish on oil anymore, at least on a risk/reward basis, I find it equal parts…
January 10, 2023
Man stared at BMRN bull pattern, ignored it
BioMarin stock tanks out of a bull pattern I thought it was interesting that being the chart dork I am, I stared at the daily chart bull pattern of BMRN…
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October 27, 2022
Man stares at charts, announces 2022 US bear market on October 12
It's not about using charts in a vacuum And it's certainly not about using long-term charts and analogs in a vacuum. It's about using charts as one tool among several…
October 12, 2022
Why charts have limited utility
Stock charts are helpful, but not the be all, end all I was looking through a list of watch items and came upon NEO.TO, which is something I've had my…
September 29, 2022
A conclusive lesson about the men (and machines) who stare at charts
Nutrien stock (NTR) continues to punish the 'death cross' view Well, here is another example (frankly, I can't remember a single example when a 'death' or 'golden' cross ever worked…
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August 18, 2022
‘A bearish sign on Nutrien’s chart’ says media garbage purveyor Benzinga!!!!
Do you see all the '!' I used in the title? I must be a TA trying to convince you of something. Sensationalism is about all that some TAs have,…
August 8, 2022
A dis-inflationary whiff and its likely path
As inflation signals cool, various markets get relief Whether a bounce or something more extended, a bear market rally was bound to get off the ground sooner or later. It…
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May 27, 2022
WBA; breakdown not breakdown
Man stares at WBA chart breakdown, decides to ignore it Using the example of probably the most boring stock I own (well, most boring company, anyway) I added WBA on…
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February 11, 2022
PLL thinks it’s a Semiconductor stock
Man stares at PLL chart... Lithium prospect Piedmont Lithium (PLL) sports... ...a similar bullish pattern to the broad Semi sector (and several of its components). Both recently used the SMA…
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June 29, 2021
World in a Diamond
ACWX (world, ex-US) sports a Diamond pattern in the making. People incorrectly (IMO) label this as a reversal pattern when actually in my experience a Diamond tends to be a…
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May 19, 2021
PPH & FNV; Man Stares at Two Charts
PPH was added for technical reasons, FNV for gut reasons Yesterday I noted the daily chart pattern for which I bought PPH, the Pharmaceutical ETF. Back in February I added…
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April 22, 2021