HUI Gold Bugs index is doing this so far today, busting a move above the converged moving averages. It would lead others or, as we noted in NFTRH 597: Gold…
From the last update on Tuesday... Indeed, I wonder if that was not a solid A-B-C correction. But HUI needs to take out resistance and the moving averages in order…
My view is that we are going to exit the deflation scare in favor of an inflationary/stagflationary future. Monetary and Fiscal policy bombs say so. The Fed's printing of funny…
First off, I could be wrong here. That big drop to start the day, huge in-day ramp job and then partial decline back down in the last half hour felt…
Peak Oil? That was an obvious and widespread promotion while it was in play and did not fool anyone who bothered to step aside from the herd that ran with…
Here is the daily chart of HUI that was posted on Monday and again in real time for subscribers amid yesterday's continued ferocious bounce... "#2 is the daily chart from…
Mining the gaps buried far below Not only in the HUI index, but in several of the stocks I hold and watch some conspicuous gaps (that I personally did not…
Below is a monthly chart of HUI telling some stories of the past. The 2003 to 2008 bull rally ended with Huey's "crown of thorns" as I used to call…
Folks, there is nothing happening now that does not ring a bullish alarm to me other than the nominal prices of the indexes and ETFs. You may recall that I…
Yesterday's projected open for SPX during pre-market was 2827. Today it's 2850. That was a lot of noise and angst for going basically nowhere in the last 24 hours. Weekly…
Oh wait, never mind. HUI is 100% on plan. That includes the lower monthly panel indicators (although if I were to include the STO it would show a somewhat iffy…
NFTRH 591's Opening Notes segment detailed an intact but at risk stock market and a bullish gold miner view, concluding with this... "The nearer-term pictures will likely include a lot…
It's simple. Corona relief, Central Bank policy and the recently beaten down sentiment profile are either going to bring lasting relief and joy to the land or they are not.…
Note: The following is a TA post. It tries not to focus on fundamentals or the negative potential sentiment setup that could develop when Coronavirus relief finally spreads across the…