NFTRH; Gold Stock Sector on FOMC Day
We have frequently reviewed this daily chart in order to manage the correction that began in August. The downside target was 160's to 180, to fill the gap from early…
We have frequently reviewed this daily chart in order to manage the correction that began in August. The downside target was 160's to 180, to fill the gap from early…
"Keep it simple stupid." I tell myself that all the time, and as I watch the various TA "top guns" (a term once hilariously coined by Jim Sinclair in reference…
In line with the scenario that sees greatly reduced risk in the precious metals sector and the bounce (at least) scenario we are currently managing, I thought I'd pop up…
Let's take a look at a daily chart of Sandstorm (SAND, SSL.TO) since one theme going forward (in an inflationary phase) is to prioritize Royalty/Streamers and exploration over gold producers,…
It is debatable as to whether the sector has bottomed but what does not seem debatable is that there is so much less risk baked in now than there was…
Just a few of the many charts I am trying to keep an eye on (and yeah, my head is spinning... but in a good way). First, here is my…
For the die hard bugs among us who have been waiting for buying opportunities, we note that HUI hit and inched below 200 today. It is time to be watching…
Please reference (and pardon the promotional tone of) the previous post, which updates HUI's current situation. Here is a simple chart from the post showing HUI at the logical pullback…
Who among us is surprised? Volatility, noise and emotion close out another policy and media intensive week. I continue not to see much of a stray from the view of…
The gold sector has taken a good hit since the highs in July. That means there is fuel for a rally if the Fed rolls over as the Fed Futures…
I try to stay fairly quiet pre-FOMC because the event is so keyed upon and often acted upon by man and machine. But it can't hurt to do a simple…
HUI had a best 'bounce' target of 250 to 265 (if this was to be only a bounce as originally projected) as we anticipated a positive reaction at the 220…
After noting 3 recent weak economic data points (ISM manufacturing, Jobs & ISM Services) we have had a couple of firm ones in Job Openings and Jobless Claims. Such is…
On September 1 we reviewed this chart in an NFTRH update projecting a gold sector bounce due to an over sold condition, a preponderance of gold bugs talking about an…