Chop & Grind: Gold, Stocks & Commodities
Whether the market is foreign or domestic, equity, commodity or metal the grind is on. Speaking of grind, the one in gold has been expected as the metal builds out…
Whether the market is foreign or domestic, equity, commodity or metal the grind is on. Speaking of grind, the one in gold has been expected as the metal builds out…
The Opening Notes segment of this week's Notes From the Rabbit Hole, NFTRH 614... Keep Dancing (while the music plays) FOMC came, FOMC delivered what we knew they would, FOMC…
It appears that the downward market reversal on Monday was another sentiment resetting micro twitch after all. As noted, these happened fairly regularly in 2019. Inflammatory stuff gets in the…
Some words and several charts to take a reading on the status of the macro bounce. SPX turned down from resistance and will try to find support at the SMA…
Editorial comments follow the charts. Amid the massive rush to risk 'off', just look at the similarities between long-term Treasury bonds... ...and the Gold/Commodities ratio. ...and the Gold/Oil ratio (Jesus,…
Some gold (GLD) ratios for you macro indicator dorks like me... Gold vs. SPY, despite yesterday's dive bomb... Gold vs. Global (ex-US) Gold vs. Commodities Of interest to gold miners,…
The Nasdaq bubble popped in 2000 after motoring upward on increasing volume in two separate phases. Volume rammed upward and RSI diverged. Like shootin' fish in a barrel it was,…
I checked the futures this morning only to see broad stocks down after yesterday's 'China stimulus' party. I saw copper down but oil up and there was gold (and to…
They say that Festivus is the "anti-Christmas", but in this case we are going to call it the anti-Christmas Eve as the markets close out 2018's Christmas Eve massacre. "Many…
Gold bugs will remember 2012 as the last year of hope that gold was still in its bull cycle as it managed to hold key support around 1550 into year…
Time again for what I think are among the most interesting - and analytically valuable - views beneath the market's surface. Gold/SPX ratio is trending up on a daily chart…
A simple update using pictures and a few words to keep us abreast of the macro situation. Much of it reviews the work to date. First off, the VIX is…
October came and went. It's now November 5th with holiday (and Wall Street bonus) season directly ahead along with the 1 year anniversary of the Christmas Eve massacre in which…
So we have FOMC standing ready with the actual potential to rock the markets due to the split opinions of the Fed Rate Futures boyz. It has actually moderated back…