SSRM: Only a gold stock… [w/ edit]

SSR Mining stock included in Russell 1000, gets clobbered [edit] Thanks to subscriber MM: “shut down main mine due to cyanide leak into water table.” I can’t find any other news other than SSRM’s inclusion in the Russell 1000 index. Only a gold stock could put on this kind of Keystone Cop routine on a positive news event that would drive up most other stocks … Continue reading SSRM: Only a gold stock… [w/ edit]

NFTRH+; a miner sneaks out of a downtrend

SSRM will be subject to the precious metals miner rally and also to earnings season upcoming (SSRM reports on November 4th), which I don’t think is going to generally be very sector-positive with the likes of energy, mining materials and human resources rising in price during the previous quarter. If that is the case it would be a matter or whether or not the market … Continue reading NFTRH+; a miner sneaks out of a downtrend

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NFTRH+; Buy Parameters noted on This Correcting But Bullish Miner

The disclaimer is that I just bought back SSRM today for portfolio balance reasons (to replace AGI) and I continue on in a hedged manner. This update shows a still up trending stock on the daily chart and updates the bullish Cup on the weekly. But I think it has more downside before a sustainable recovery is likely. The daily chart twice found stern resistance … Continue reading NFTRH+; Buy Parameters noted on This Correcting But Bullish Miner

A Handle to be Installed on SSRM’s Cup

Hey, it occurs to me that I bludgeon you to death with macro ratio charts, indicators and theory while not so often publicly doing the thing I like best, which is nominal stock charts (they do appear weekly in NFTRH). So let’s introduce a little bit of lighter fare to this macro nerd establishment. SSRM has been a core holding of mine since we had … Continue reading A Handle to be Installed on SSRM’s Cup

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NFTRH+; One Miner’s Bullish Technical Blueprint for Another

Back in December we had an update highlighting the bullish setup in SSRM. In this week’s report I noted some displeasure with the daily chart of GOLD. That was due to its proximity below the 50 day moving average. Well, one bullish day for the sector and voila, it’s back above. It is filling a gap so to be a little firmer about this stock … Continue reading NFTRH+; One Miner’s Bullish Technical Blueprint for Another

Meanwhile, Over in the Gold Mining Patch

I think I over compensate against my personal dislike of the gold sector’s various perma marketeers and promoters, not posting as much publicly about the sector as I do about US stocks, Treasury bonds/yields and maybe even global stocks and commodities. But probably the most important and detailed segment in NFTRH has been the Precious Metals segment since we began getting constructive on the macro … Continue reading Meanwhile, Over in the Gold Mining Patch