The following is the opening segment of this week’s Notes From the Rabbit Hole, NFTRH 276: Somewhere along the road from the 2000 bottom in
The stock market is taking the bounce right at its do-or-die point, which was to maintain the December lows. Gold is taking the counter to
GLD remains on a bull signal.
A partial ETF update beginning with GLD, which remains above the support parameters and on its bull signal.
GLD remains on a bull signal with MACD above 0 and the price above supportive 50 day moving averages.
GLD is neutral and on the cusp of a bull signal if support holds and the MA 50’s are exceeded.
There is talk of economic growth and ‘taper’ in the air and the precious metals are with that script this morning and declining. As reviewed
A low priority update for gold stock traders/investors.
In light of market moving events (Goldman’s ‘stocks are over valued’ Monday, JPM’s ‘PC’s are on a comeback, good for semiconductors’ Tuesday and this morning’s
How I [they] Learned to Stop Worrying and Love the Bomb [Market] paraphrasing Stanley Kubrick’s great cold war/nuclear paranoia film Dr. Strangelove (1964). The USA
This week we add the long-term T bond (TLT) and crude oil (USO) ETFs due to their strategic value within our fundamental analysis.
GDX got a boost as the US stock market sagged. That is more like what we are looking for in the precious metals. Today GDX