NFTRH+; Doink

[edit] From about noon ET I will be away from my office for the rest of the day, so don't interpret lack of trading or updating activity as the product…

Comments Off on NFTRH+; Doink

NFTRH+; HUI

Ref. the update on May 18... HUI went on to ping 325 and it would have been surprising had it not paused there. The daily chart has gotten moderately overbought…

Comments Off on NFTRH+; HUI

NFTRH+; Yields & Gold Stocks

I went to the track for some exercise, came back and yields had reversed back up and HUI back down, in-day. It is a microcosm of what I expect in…

Comments Off on NFTRH+; Yields & Gold Stocks

NFTRH; US Stocks, Precious Metals & USD

Global market stress this morning I was going to talk about the ongoing VIX divergence and loss of momentum in SPX, regardless of how the market looked this morning. That…

Comments Off on NFTRH; US Stocks, Precious Metals & USD

NFTRH+; Daily HUI

Today HUI takes out the 1st 'get out of jail' point on the daily chart. We noted this and the 2nd 'get out of jail' point at 325.26 back in…

Comments Off on NFTRH+; Daily HUI

NFTRH+; Weekly HUI

The weekly chart of HUI shows the Handle consolidation having been broken to close last week and follow-through in the opening hours of this week. Yes, it's a breakout. The…

Comments Off on NFTRH+; Weekly HUI

Keep Pushing That Stupid Cart, Huey!

HUI/SPX ratio Push, push, push... that cart full of rocks out of the dark cave you've been in since last summer, Huey. Push, push, push and see if you can…

Comments Off on Keep Pushing That Stupid Cart, Huey!

NFTRH+; The Hint Continues to Evolve

The Gold/SPX ratio continues its way upward, after breaking above the SMA 50. Here's the larger view for more perspective. As yet, considering all that resistance traffic above it is…

Comments Off on NFTRH+; The Hint Continues to Evolve

Huey is on Plan

HUI daily chart per Monday's NFTRH+ update As he pushes his cart of rocks slowly out of the cave and up the hill (careful not to backslide too much Huey)…

Comments Off on Huey is on Plan

NFTRH; The Preferred Case for Gold Mining

Gold mining is a counter-cyclical business. During economic (and inflationary) down cycles gold out-performs industrial metals, oil/energy, materials, stocks, etc. Insofar as commodities and materials contribute to gold mining cost…

Comments Off on NFTRH; The Preferred Case for Gold Mining