US Stock Market, Precious Metals and the Macro Backdrop
US Stock Market We will update global markets as well as the macro situation in NFTRH 486, but for this article I'd like to focus on the US stock market.…
US Stock Market We will update global markets as well as the macro situation in NFTRH 486, but for this article I'd like to focus on the US stock market.…
First things first, hats off to the Philadelphia Eagles. The better team won last night. Second things second, below is a possible path for SPX (daily chart). If this were…
Below is a somewhat scattershot update written completely off the cuff by a market participant who went out at 9:15 and got back in at 11:15 (ET). Please take it…
As the long-term interest rate Amigo continues upward [edit 1.25.18: more on this here], the anti-USD 'inflation trade' continues onward and more and more gold bug writers emerge from the…
After a positive year-end with the expected precious metals rally we noted on Dec. 31, in NFTRH 480: "With HUI dwelling just under the 195 resistance parameter, a pullback can…
A little reminder for those interested in the sector (and I know you're out there aplenty) that our first major parameter for the rally is the resistance beginning at HUI…
While politicians hammer out the details it is generally accepted that corporations and by extension the investor and asset owner classes are targeted for benefits under the coming Republican tax…
[edit] Post includes corrections to dates in paragraph 4 and the 2nd paragraph after the macrocosm graphic. This is what happens when you rush your work! This was going to…
Well, I think the red headed step child has been beaten enough, don't you? Pardon the insensitive old fashioned expression, but the point is that the precious metals have been…
Reference a post from August 11: Potential Pivots Upcoming for Stocks and Gold Stock Market Status In the above-linked article we noted several legs that could be kicked out from…
I've been watching the HUI/Gold ratio this week as it refused to break down amid the recent bearish price activity and is now looking constructive. Here is the GDX/GLD version…
I guess it came down to a 'who am I to argue with success?' kind of question. There was yet another profitable round trip shorting the miners staring me in…
The S&P 500 is bouncing at a logical area. Other items, like the Dow and NDX are too and the Russell 2000 is right at must-hold support. The plan for…
The title of the update is a bit sensational because there are no 'should be's in the market. There is only what the market says. But what it is saying…