gold stocks

NFTRH Interim Updates

Gold Sector & Stock Market Snapshots

Gold Sector

Turning to the precious metals first, HUI made it to 175.62, which is a little lower than the ‘+/-‘ we have been tagging with the 180 target.  RSI held below 50 and while it could just be filling a little gap from last week, it does not look overly inspiring.  We continue to let those who obsess on the precious metals as if it is the only market on the planet micro manage this.  Nothing has changed yet, and that includes the fundamentals. There is no actionable bull signal beyond the bounce.  180 +/- remains the target for now, but this thing must get in gear quickly.

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March 27, 2015
NFTRH Interim Updates

Plans for S&P 500, Gold & Gold Miners

S&P 500

Per the simplified big picture daily, weekly and monthly charts of SPX first introduced 6 weeks ago in NFTRH 329, we have been managing potential downside targets of 2000 and 1900.

If SPX were to hit either of these targets it would not kill the bull market, especially if 2000 holds.  In that case it would be a normal, moderate and healthy correction.

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March 26, 2015
Federal Reserve

FOMC Accelerant

These moves were likely either sooner or later, and the FOMC's sorta kinda change of wording was just the accelerant needed. Uncle Buck is taking a break... ...and EUR/USD is…

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March 18, 2015
NFTRH Interim Updates

Gold Stocks Completing “Puke” Phase

As usual we will seek to add more to a bullish gold stock discussion, such as Treasury yields and their spreads, gold’s performance to the stock market and even the US dollar, which is very over done to the upside.  All of these and more will play in to an intermediate to long-term bullish case.

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March 12, 2015
Gold / Notable Public Posts

Gold CoT Improving, But…

Gold's CoT data predictably improved again this week, but here I think some discussion is needed just in case it starts to get hyped too much. Below is the CoT…

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February 28, 2015
Gold Stocks

Gold-CCI & GDX

Before the hype of PDAC kicks in (and I install my ear plugs against it) here is one more gold sector chart that I find interesting, to say the least.…

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February 26, 2015
NFTRH Interim Updates

Market Update

Admin Notes Doing a freer flowing 'market update' segment mid-week works better for me than the more rigid ETF updates we had been doing and I hope it works better…

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February 25, 2015
NFTRH Interim Updates

Gold Sector Update

Yesterday morning we noted that the bulls had taken the ball back in the broad stock market.  Despite a volatile day, that remains in effect as long as the market,…

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February 12, 2015
NFTRH

NFTRH 329 Out Now

How to promo... how to promo?  NFTRH 329 took a hard look at the realities of what happened last week and despite an end of week reversal (below SPX key…

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February 8, 2015
NFTRH Interim Updates

Market Update

Usually on Wednesday mornings we do a standard ETF update.  But given the interesting things happening across several markets, this morning I thought I’d do a freer flowing update.

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February 4, 2015
NFTRH

NFTRH 328 Out Now

Another solid report this week.  I know that because it helped me out yet again in trying to understand all the components in play across markets; all the tops spinning…

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February 1, 2015
NFTRH Interim Updates

NFTRH; GDX Pullback Parameters

Last week when GDX pulled back hard we reviewed an NFTRH+ update and target of 23.  Yesterday and this morning it hit that target and today, poetically, comes the next…

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January 21, 2015
Gold / Gold Stocks

Bottom Line Thoughts on the Gold Sector

As posted at Biiwii... Improving Macro Backdrop In light of a shifting global macro backdrop that we can finally sink our teeth into with respect to a bullish orientation on…

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January 19, 2015
NFTRH

NFTRH 326 Out Now

There is a lot happening across global financial markets.  We go in depth into US stocks, review global stocks, make sharp points about commodities, cover macro indicators in depth and…

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January 18, 2015