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…
I do not love micro managing the gold sector, but here we are doing it again because well, it's the gold sector and it is intense. Please pardon the micromanagement…
The yield curve is fading and the 10yr yield is consolidating. Yields and inflation expectations had been rising with the optimistic 'Trump trade'. That made the gold sector an also-ran…
That's the limit folks. Ever since HUI and GDX failed to exceed the November highs we've been on pullback watch. What makes matters more complicated is that said pullback has…
In NFTRH 434 (2/12/17) we noted the key pullback support levels for the HUI Gold Bugs index. These were 209 (daily EMA 20), 200 (weekly EMA 55) and 195 (convergence…
While a laggard due to the sector's former need for a hard correction and the election's aftermath, the gold stock sector has recently broken out vs. the S&P 500 as…
Let's keep it super simple. This pullback actually builds in the potential for a more extended rally than if Huey had just kept going up into over bought territory. The…
For those would-be contrarians watching the gold stock sector, I think an update might be timely. The bounce scenario got croaked after the Fed presented itself as more hawkish than…
We have frequently reviewed this daily chart in order to manage the correction that began in August. The downside target was 160's to 180, to fill the gap from early…
HUI has been targeting as low as the gap at the 180 area for months now, since losing the 50 day averages. I may have shown this chart once publicly,…