Run Huey, run! HUI/SPX ratio continues apace
The ratio of the HUI Gold Bugs index to the broad S&P 500 has rallied for 4 months Hmm, what could could this be indicative of? Beuller? Answers, from the…
The ratio of the HUI Gold Bugs index to the broad S&P 500 has rallied for 4 months Hmm, what could could this be indicative of? Beuller? Answers, from the…
HUI Gold Bugs index has hit the bottom/bounce target at the daily SMA 200 Note: This post was begun on December 1, up to and including the two HUI charts…
Nominal daily HUI is doing as projected, testing the resistance level that coincides with the SMA 200. The bad? It's clear resistance. The good? It's a gateway to a potential…
[edit] The analysis below, if it proves to be bullish, is about precious metals only, not broad markets. A subscriber questioned this and I'll again note that the view for…
From NFTRH 731... HUI Gold Bugs index (daily) halted at a minor resistance area. The SMA 200 at 241 could be registered before a pullback comes about, but regardless key…
NFTRH 731 included daily charts of gold, silver and HUI. For the sake of perspective, let's again review the monthly situation on the HUI Gold Bugs index. Our operating thesis…
Macro changing in favor of the gold stock sector is and has been a process The process began with the leveling off of inflation's momentum and continued as the global…
A couple of HUI ratio charts of note. HUI/Gold (GLD) ratio continues to hold up, T-minus 1 week to FOMC. HUI/SPX ratio holds up as well. With increasing signs of…
It's a long and volatile road for the gold miners A daily chart snapshot of the current technical situation for the HUI Gold Bugs index shows a small Head &…
One of the scenarios for a higher low on the HUI monthly chart is a dump and reversal similar to 2016. The other scenario, all within a positive risk/reward is…
As the proper macro fundamentals for gold mining grind into place... The real price of gold, as represented on the chart below by gold in relation to commodities, is constructive…
As part of this 9/27 update showing upside gaps in several markets, we included GDX. We also dialed in to GDX with a 30 min. chart, including it in the…
The bounce is on from the low of 180. We have potentials in play for HUI to have bottomed at 180 (measured target off of the little H&S pattern was…
Let's use a talkative chart to explore something interesting. First a couple qualifiers... We'll exclude a large part of the chart, which was the 2009-2015 ZIRP (zero interest rate policy)…