As this chart shows, USD has no further to drop before it makes a lower low to September. What that also means is that there is a risk of reversal…
NFTRH 364 talks about 'comps' 1, 2 & 3 for the current S&P 500 situation. Those would be the bearish 2001 and 2008 and the ultimately bullish 2011 one. We…
On Tuesday we reviewed the constructive looks of gold stocks (GDX), energy (XLE) and the US stock market (SPX) by daily charts. In NFTRH 363 we noted that GDX had…
We have been successfully managing an 'in motion' market since the August festivities kicked off. It is October and Money Managers (NAAIM), Newsletter Writers (Investors Intelligence) are thoroughly spooked and…
The Fed rolled over again, which was not surprising given global economic slowing, global monetary easing and a would-be firm US dollar's continued negative impact on US exporters and manufacturing. …
A quick roundup as one of the commitments I have this week is to go to court this morning and sit in a pool of people hoping not to get picked as a juror.
Using the SPX chart below as a guide, we see that US markets have now challenged the October lows (some held above and others poked below) and the test is on. It looks like a logical bounce is trying to get going in pre-market. Click graphic for live quotes…
NFTRH 353 introduced the idea of a Macrocosm, a planetary representation of elements that need to come into place for a real investment stance on the gold stock sector (as…
Say, do you want to see what short covering into a market close looks like? It looks like this... It was fairly hilarious watching the streaming quote screen start blinking…
I find it interesting that July Payrolls was pretty decent, the US dollar firmed (apparently with firming expectations of a Sept. rate hike), some stock markets and commodities are weak…
DUST had a look of bearishness to it, which would have gone hand in hand with a bounce in the gold stocks that I have been more expecting than not. …
First off, here is miner 3x bear DUST again with the 60 min. chart getting its bearish look compromised as it rises above the right side's would-be shoulder. This is…
Checking back in with old friend DUST hourly. Still no resolution as it levitates within a pattern that still does not look pleasing. If it proves unpleasant for DUST, it…
Still ugly, still non-activated and still theoretically targeting around 22. I tried to short it the other day and there were exactly 2 (T.W.O.) shares available to short! Then yesterday…
The hourly chart of 3x Gold Miner bear DUST looks bearish to me. If the pattern becomes activated it would target the little gap and lower, down to 22. It'll…