HUI, GDX & GDXJ Filling Gaps
It does not mean that the pullback in the miners (and gold/silver) is over but it does mean that an annoying issue is being addressed today. HUI has not quite…
It does not mean that the pullback in the miners (and gold/silver) is over but it does mean that an annoying issue is being addressed today. HUI has not quite…
My charts and updates can be busy with moving averages and other clutter (like my constant harping about fundamentals and indicators :-)). So once in a while it is nice…
The volatility arrived this morning after a burner of a breakout from the flags that were formed last week (GDX was shown in NFTRH 539 just beginning to sneak out…
An update to the update from this morning... Let's go through the charts again. From this morning: Gold is flagging down (about $11/oz so far) and probably wants to fill…
I did not get a chance to include this in NFTRH 537. So here it is by update. After the initial bear signal for stocks (bull signal for the miners)…
Today it is official. HUI poked 170 for the first time since we began this grinding process several months ago. And unlike the majority of the rally from the September…
Per a subscriber update from pre-market yesterday morning updating the situation with SPX... Here is the chart we used in Tuesday morning’s update to show that even with that big…
A quick snapshot of two fairly contrary (as they should be) situations. Here is the chart we used in Tuesday morning's update to show that even with that big down…
As you know, your letter writer has been waffling a little over the last couple of weeks with respect to the favored plan, which to me made a lot of…
A very simple update to show that as the stock market's bounce has proceeded to target, dragging formerly over bearish market sentiment with it, the gold sector has pulled back…
A reminder about what Rob Hanna's historical data say about Thanksgiving week, per his latest post: Thanksgiving Week Seasonality - An Updated Look From 1960 – 1986 someone who bought…
It's a tough racket, this gold stock racket. In January of 2016 everyone was convinced that HUI was going to the target implied by the lousy 2015 pattern. And no,…
Not being a bear trader (in my opinion that's a certain type) and not having the time or inclination to babysit a net short portfolio (as a full time weekend…
In yesterday's post goofing on the men who stare at charts, we noted that silver has been expected to get a bounce, but also that nothing technical has changed. It's…