First, per a question by a subscriber, the HUI would not be considered as having lost the 195 marker based on the in-day squiggling.  That is, as I noted to him, b/s.  A daily close below 195 would irritate me and weekly close would be considered a failure.  Another note, when I write “195”, I mean within a reasonably tight range right around that number.  … Continue reading NFTRH; Mid-Day Notes

We covered the gold sector last night and I think that was all I had to say about it for now (short-term over bought and prone to eventual pullback, long-term the odds have increased that the bear market is ending).  But there have been other areas that are in flux as well and I wanted to review a couple of things. I have been long … Continue reading NFTRH; Current Market View