Gold Stocks; Rubber… Meet Road
The road, in this case, would be the HUI 195-200 level we have been projecting as key support. Below is the daily chart we've used in NFTRH reports and updates…
The road, in this case, would be the HUI 195-200 level we have been projecting as key support. Below is the daily chart we've used in NFTRH reports and updates…
Unless you are a momo driven, hopped up speed freak so abundantly populating today's markets, you might view the immediate - and appropriate - short-term reversal in the precious metals…
With the disclaimer that several quality gold stocks are already bullish - which I've seen as a positive divergence for the sector - we take the sector as a whole…
Ever since 2012's failure of the 'QE 3 rally' in the precious metals it has not been fruitful to micro manage the gold sector, because that failure jump started a…
I have fun putting up the tired looking Huey Lewis picture (I couldn't stand that music) and am always happy to poke the gold perma pom poms simply because of…
The still-bearish Gold Miners index was due for a bounce at lateral support and that is what it got. Here is one of the charts by which we plotted the…
In NFTRH, we have expected a "bounce" and Huey is finally doing just that; bouncing. But there are several parameters and milestones we are managing on daily, weekly and monthly…
HUI is torn, frayed and downright bearish. What's more, it's been bearish since it started to drop from the SMA 200 failure point. In NFTRH, we managed bounce #1 (off…
The heavy looking precious metals complex chose the path of least resistance yesterday, which was down, as we've been noting. Let's take a brief update of the technicals, with only…
The setup is a classic one, and it is not a positive one. What I mean is the geopolitical setup, where Syria gasses its people, the US lobs Tomahawks into…
With the way I have felt post-flu, simpler is probably better since I have been incapable of complex thought processes. So going with that theme, it does not get much…
Because these are 3 things I am watching with my limited physical and mental capacities this week, let's update SPX, Russell 2000 and HUI. SPX is still in the short-term…
Folks, I have been going down a slippery slope to what now seems like a full-on flu since Sunday. So while I am semi-functional, I wanted to get some charts…
With all the usual preambles about macro fundamentals (stock market still needs to top out vs. gold, but gold vs. commodities is a constructive start) here is an update on…