Here are today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day...
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Iceberg dead ahead?
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Early openers wallowing: Kiwis +0.6%, Aussies -0.3%, Nikkers -0.2%, Sth Korea -0.5%.
IT +1.4%, Telecomms +1.3% and Gold +1.2% are the big winners in Aussie sectors with Miners -1.1% down the most.
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Market done clearing out the last of the bears yet?
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Early openers showing a lack of zing: Kiwis +0.1%, Aussies -0.4%, Nikkers -0.4% and Sth Korea -0.6%.
A downward bias for Aussie sectors: Telecomms -2%, REITS -1.5% with Energy +0.9% the main green mover.
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Everybody on board the HMS Reelection Rally?
http://www.tag-pictures.com/funny-pictures-of-overload-vehilce-with-people/overload-boat-with-people/
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Tempered enthusiasm in the early openers: Kiwis -0.1%, Aussies +0.2%, Nikkers +0.6% and Sth Korea +0.1%.
Barely any movement in Aussie sectors: Gold and REITS, both +0.7%, are in the lead with Utilities at the other end, -0.5%.
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Vertical meltup continues....ES bought on any dip,everyone chasing performance until they spend all their cash....
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Somewhat choppy for the early openers: Kiwis flat, Aussies +0.2%, Nikkers -0.2% and Sth Korea +0.5%.
Telecomms +1.2% is the top gainer in the Aussie market with the down sectors being Gold -0.8%, Miners -0.5% and Materials -0.3%.
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Identical trading pattern every single day.
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Early openers are upwardly mobile: Aussies and Nikkers +1.2% and Sth Korea +0.8%. Kiwis closed for Waitangi Day.
Some pretty good gains in Aussie sectors: IT +2%, Financials +1.3% and Miners/Materials +1.2%. Gold -0.9% and Utilities -0.3% are the on...
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Relentless meltup forever
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A typical lack-lustre Fri for the early openers: Kiwis +0.3%, Aussies -0.2%, Nikkers -0.1% and Sth Korea -0.6%.
Minor movements in Aussie sectors: Gold +1.1% is the upside lead with Utilities -0.9% at the other end.
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VIX at 18,with dippers everywhere
NOBODY believes the market has ANY downside risk.The bots have even convinced bears that we go up,up and away.
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Early openers going for the bounce: Kiwis +0.6%, Aussies +1.2%, Nikkers +0.7% and Sth Korea +1.5%.
Aussie sectors in the green led by IT +3% and Miners/Materials +2.1%. Healthcare is the sole red, -0.1%.
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Sellers pile in at the close,but another first of the month Mutual fund jamfest for da boys.
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Early openers thrashing about: Kiwis flat, Aussies -0.5%, Nikkers -0.2% and Sth Korea -0.4%.
Miners and Materials, both -0.9%, are leading the Aussie market down and there's a sprinkling of minor greens which aren't worth mentioning.
Problems w...
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Bears fried,bulls sucking wind....
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Early openers going nowhere fast: Kiwis -0.6%, Aussies and Nikkers +0.1% and Sth Korea +0.3%.
Aussie sectors choppy: Consumer Staples +0.9% down to Gold -0.7%.
http://ichart.finance.yahoo.com/t?s=%5ENZ50
http://ichart.finance.yahoo.com/t?s=%5EAORD
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Buyers pile into ES no matter what news hits the tape......
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Lumpy and bumpy for the early openers: Kiwis +0.2%, Aussies -0.4%, Nikkers -0.3% and Sth Korea -0.2%.
Not a lot of movement in Aussie sectors: Consumer Staples -0.9% is at the bottom with Gold +0.5% at the top.
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Bears getting frustrated with these endless intraday tape jams.Below ES 1306-1307 is where the bears need to take it.
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Early openers lurch into Friday: Kiwis +0.4%, Aussies +0.7%, Nikkers flat and Sth Korea -0.2%.
In Aussie sectors, Gold +3.4% is the big winner followed by Miners +1.7% and Materials +1.5%. IT -1% is down the most.
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Could be an historic turn at these levels,but until the SPX cracks 1285-1290 I will guess bulls are still in control.
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Australia Day here so Aussies are on holiday but for the others it's Kiwis +0.2%, Nikkers flat, Sth Korea +0.3% and Singers +0.7%.
Closed
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Well, that was the first outage. I suspect that there may be several over the next day or so. My apologia.
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Early openers on the rise: Kiwis +0.5%, Aussies +0.6%, Nikkers +0.5% and Sth Korea +0.4%.
Mostly up for Aussie sectors: Financials +1.5% is well out in front with Energy -0.4% at the other end.
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The aggressiveness of the dip buying is relentless,but the volume is just fumes.Bears are hoping the AAPL rots AH.....
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Early openers swinging in the breeze: Kiwis -0.3%, Aussies +0.4% and Nikkers +0.5%.
Gold +1.5% is the leading Aussie sector with IT at the other end, -0.6%.
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Another V bottom,it's all good....
Until they wake up
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Chinese New Year starts today so most of Asia will be out of action..
The early ones are not getting carried away: Kiwis +0.1%, Aussies and Nikkers -0.2%.
Little movement in Aussie sectors: Miners, Materials, Gold and IT all -0.7% with Telecomms +0.3...
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