I make the point in the title because the real fundamentals that matter for the gold stock sector must be in line at the beginning of a real bull phase or bull market for the sector. I make that point with the example of Q1 2016, when a very powerful gold stock “launch” erupted but in Q2 of that year we (NFTRH) were already advising a degrading of those fundamentals. A public article I wrote referenced this on May 30, 2016.(more…)
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Excerpted below is the Opening Notes segment from this week’s Notes From the Rabbit Hole, NFTRH 555. The report followed up this opening with extensive coverage and strategy for US and global markets, internals/indicators, commodities, precious metals (including weekly charts of the miners for a wider view this week) and much more. As usual plenty of stock charts were covered as well for a comprehensive report bringing us completely up to speed on today’s markets.(more…)
I wrote this article for the Opening Notes segment of this week’s Notes From the Rabbit Hole. At the end of the post is a really interesting interview with Peter Atwater sent to me by pal and subscriber Michael Pollaro that you should do yourself the favor of listening to. It’s pretty far reaching, but I think Michael sent it to me because it eloquently expands on the subjects (Trade War & the Fed) introduced below and a lot more. The stuff about Nationalism and the stock market’s vulnerabilities are must listen.
There is nothing new under the sun. As Donald Trump goes about the 1970s playbook (on steroids) the economic world is shifting in ways that will be impossible to quantify ahead of time.(more…)
A vampire needs to be invited in order to enter your house. So the story goes. But in this case, we are talking about the Macro house, with its nexus in the USA and its Central Bank.(more…)
The charts are super interesting to look at. How quickly things turn, as if on a dime.(more…)
First off, a wish to all readers for a happy Memorial Day weekend as we remember loved ones lost in battle and otherwise. Memorial is not a US thing, it’s an everybody thing.
Today we take a look at various markets and assets using daily charts of the associated ETFs.
The real work in determining the state of the markets going forward will be done by evaluating internals measures like sector leadership (e.g. our SOX>NDX>SPX leadership chain), inter-market and inter-asset ratios (e.g. our ongoing gold ratios analysis), macro indicators (e.g. the recent notable drop in inflation expectations) and a whole host of other hidden markers to be tracked and updated (NFTRH is constantly on that job looking forward to the potentials, as opposed to in review or in rear-view). Also, let’s not forget sentiment analysis, which led us to the current correction. It will also come into play going both ways in the weeks and months ahead.(more…)
After an interesting week and to allow more focus on charting the miners this weekend, we again offload much of the NFTRH Precious Metals segment’s content to the public site. The following is (hopefully) going to be long on charts and relatively short on words (sighs of relief palpable…).
HUI/Gold Ratio is intact to its higher lows from September. This was a logical bounce point for gold stocks. HGR needs to promptly take back the SMA 200, however.(more…)