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…
Latest cycle conditions and projections for the US Dollar Index and 10 Year Treasury Yield. Click links to download report in pdf format. (WSE Pro…
All of the talk lately on our message boards and blogs (See Lee Wheeler on the Mark) about Martin Armstrong’s 8.6 year cycle top being…
The precious metals certainly put in an exciting performance this week. The pick up in volatility along with price appreciation was a welcome sign anticipated in my last post. The FCS signals continue on buy status for gold, silver, and the mining stocks. The current GDX long position is now up 7.6% and the GLD long trade is up 10%
The first chart shows the projection/resistance […]
Stock screen data weakened across the board for the first time since February 12. In case you’re wondering, that marked a short term low to…
The Fed drained a net of $1.25 billion on Friday. Meanwhile this week the Treasury raised $28.7 billion in new cash in the 4, 13,…
SMH broke above the declining trendline from Oct. Its now up against minor resistance between 35.77 and 35.97. A move above 35.97-36.00 should result in a very fast move to 37.74 or so. That’s five percent higher. That would bring it back to the May 11 breakdown level.
My guess is that it would represent the […]
When the crooks want to crank the semis, they look to KLIC-KLAC. It’s the biggest weight (by far) in the SOX. The top two weights in the SOX are KLAC (10.79%) and SNDK (8%). The SOX is price-weighted (hello, Sow Jones!). So it is subject to mucho manip.
KLAC is ramping right to major resistance at […]
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 stall continued overall as tech stocks got frisky. There was virtually no change from where things stood in the broad market indicators yesterday.…