There is no excerpt because this is a protected post.
Quick pics and brief comments. SPX recovers to near an all-time high after a sentiment micro-twitch, NDX ticks a new high and SOX recovers above
The gold stock correction was readable, and now it is maturing One tool we used a year ago was the out of whack state of
The daily chart of HUI highlights times when the index has dropped either to a new correction low or lost short-term support in dramatic fashion
HUI’s technical status on the near-term daily chart view is not good. Anything can happen and charts can change. But this is a bearish chart.
A review of the situation in gold stocks It is in essence a year ago that Warren Buffett ill-timed his entry into the gold stock
A simple update of HUI’s daily chart. Why do I stay on top of this lowly sector? Because when the macro turns it will be
Gold miners (HUI) are out of whack with the Gold/Oil ratio (GOR) and the Gold/SPX ratio This isn’t to say that the would-be bounce (HUI
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).
Let’s micromanage the metals now that they got cracked. But first let’s think about the miners. Yesterday we noted that HUI had not broken to
 From about noon ET I will be away from my office for the rest of the day, so don’t interpret lack of trading or