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
On Friday stocks went up, commodities went up… gold went up, with the weak ‘jobs’ report. All of this presumably because the Fed could decide
Folks, today’s bad employment number is but one sample and it will probably take a trend to confirm anything about a softening economy. But with
Another quick review for gold stock traders and investors… HUI has continued to decline in normal fashion. The gap was filled yesterday as expected and
For those involved in gold stocks… The HUI correction continues to look normal. The gap has not filled yet and if it does and 195
The US economy is relatively strong and short rates are rising harder than long rates. This implies a continued ‘risk on’ environment. This is theoretically