Why? Why do people get involved with the gold stock sector? And in my case why get involved with it when you don't like the fundamentals (or the technicals, for…
I was a little uneasy about the gap up in gold stocks this morning (uneasy because I've added positions and want to see the bounce continue), but that is being…
A look at the 30 minute chart of GDX shows a normal pullback to fill the opening gap. With Treasury bonds rallying and reflation-sensitive stocks and commodities pulling back it…
HUI is oversold, sentiment has been pushed down and here we have a little daily chart hammer candle (potential reversal candle if it holds up). This index can bounce at…
So we have talked a lot about the sector funda and macro funda which, with stocks and commodities out performing gold and long-term interest rates rising with inflation, are not…
A look at a key indicator for the broader macro and for gold stocks The US stock market is getting clobbered today on Biden's capital gains and corporate tax plans…
GDX breaks a trend line... We have (NFTRH has) fully anticipated the short-term bullish move in the gold miners, and I have my holdings, including FNV as linked just below…
Let's take a snapshot of where the precious metals complex stands this morning. Gold probed the upper 1600s and support before the bounce (which continues this morning). Is this the…
The daily chart of GDX continues to be locked in the correction's downtrend channel after holding the (green dotted) neckline. Below both the down-sloped SMA 50 and up-sloped SMA 200…
The partial hedging I have in place (DUST) is a necessary evil in doing business as a risk manager. It helps that my portfolios are doing very well on the…
In yesterday's update we noted that the HUI index and the ETFs were still in corrective consolidation. After a gap up this morning, that remains the case as they have…
Despite the big up day, HUI (daily) remains in consolidation. GDX (daily) remains in consolidation. GDXJ (daily) remains in consolidation. Captain Obvious's bottom Line The gold stock sector remains in…
A little in-day micromanagement for your viewing pleasure. The correction grinds on and folks, the miners have needed this, a running of the bugs. HUI dinged the 375 target and…
In-day micromanagement... GDX 15 minute gapped up to fill the upside gap from last week and promptly dropped again to fill the opening gap. Where does it go from here?…