The Asian flu it appears is not the only malady spreading from the Far East these days, as global markets plunged this week. The rout started in Shanghai. Nothing was spared during the sharp sell-off including precious metals. As a result, today the FCS issued CASH/SELL signals across the board for the HUI, XAU, GLD and SLV. The […]
Another shocker, the Fed drained $11 billion in reserves on a day that the Treasury was settling $23 billion in CMBs. Click here to download…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
The market swooned in the morning, was rejuvenated during the day, and staggered into the close, leaving us to wonder whether a short term low…
Here are the landscape fraudex charts I am working from.
The cleanest patterns are on the Sow and Spooz. Both of them clearly broke down from uptrends that commenced in early November. The Nazz and NDX are less clear and can even be construed as a trading range still. The Russell broke out from a 2-month […]
In a real shocker, the Fed drained $3.25 billion in reserves on a day that the Treasury was settling $21 billion net in new T…
Today’s gold stock screens and data, along with cycle conditions and projections for gold and HUI index, and Chart of the Day picks for swing…
There was a noticeable sigh of relief in the markets yesterday as Tuesday’s freefall didn’t repeat itself. The one item helping out the markets that…
The market rebounded a bit on Wednesday, and some short term cycle indications suggest that at least a dead cat bounce may be under way.…
The Fed did two repos. That’s unusual for a Wednesday but not surprising given the combined negatives of a massive wave of Treasury settlements over…
