Protected: NFTRH+; Welcome to Silly Week, 2026, GDX Daily
Markets are sure to be packed with energy and emotion. We start off with the Trump admin's opening salvo, discussing peace plans for like the 200th time. Importantly, crude oil…
Markets are sure to be packed with energy and emotion. We start off with the Trump admin's opening salvo, discussing peace plans for like the 200th time. Importantly, crude oil…
How quickly things are moving. Open gap objective #1 for GDX is filled. I have turned it green from red. Now it is time to evaluate whether the next objective,…
In the last update we discussed gaps and ultimate pullback potentials, including a longer range view by a weekly chart that can only be speculation right now. That is the…
2026... the year of the reckoning for 2025's epic upside bull market move and blowout. The corrective process still needs to find a conclusion, which I am patiently (key word)…
The HUI chart (previous update) does not show gaps or volume. The GDX chart does. As yet, GDX volume is not showing much conviction. Although the price is pointing upward.…
It's not the biggest news in the world, and the macro is potentially turning adversarial to gold stocks. But in the event that the sector is to get back on…
If it's going to bounce, this would be the ideal level. The stock market has barely begun to pull back, but the precious metals and other metals have led the…
We have been watching for an end to the correction in the complex, as would be led by silver. So let's update silver's status (as it gets hammered this morning),…
The Silver/Gold ratio exploded higher after a long post-crash base. "That is usually a sign that the basing phase is done and a up-phase is taking place." - Captain Obvious…
I went over to the Indicator Charts page and fiddled around a little. I added 50 and 200 day moving averages to the GDX/Gold ratio and came up with a…
GDX did indeed roll over and crack the SMA 50, as we had been watching for. Then there was a day of bouncy relief before today's renewed downside. The A-B-C…
I don't know what the reason may be. Warren bombing Warsh? The typical cease fire on/cease fire off war wrangling. A combo? Or maybe just the technicals, which were and…
Before getting into the technical targeting of this update, I want to repeat that the macro view for gold stocks is different this year than it was last year. In…
Yesterday GDX poked the target zone of 108-110. Now it is decision time. Reviewing the factors in play, we anticipated that a bounce could very well coincide with earnings season,…