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…
A simple daily chart view of HUI showing what needs to happen in order for Huey not to abort its bounce potential. It needs to bounce from the current area…
Technical We have gone on about the bad fundamentals for too long now. With the sector washing out it would be best for a buyer to see the US stock…
Gold is breaking down from a short-term bear flag below the moving averages. That December low was a higher low to the one before it and to remain intact gold…
Technical HUI is indeed filling the gap as we speculated might be the case in the last update. Recall in that update we had noted HUI creeping above the SMA…
Since the sector never did give up its positive indicator underpinnings (like HUI/Gold & Silver/Gold ratios) and HUI is popping back above the SMA 50 for today at least, I…