In times of uncertainty in the markets, investors tend to focus on more consistent plays.Not all investors are basking in summer vacations and backyard barbeques. For those who are still plugged...
Jonathon Brown
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June 23, 2022
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Gold stocks have been in another recent downtrend, which makes sense during a “wave 2″ correction in gold. If we review the Market Vectors ETF Trust Market Vectors Gold Miners ( NYSE: GDX , Stock Forum ) we can see a possible triple bottom formation. This one though loo...
David Banister
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December 11, 2012
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Gold stocks are often cited as recession proof stocks. Although this has not always been true, they do tend to rise when the economy is in a recessions and/or when the general stock market is in decline or showing relatively little gains. Below, is a long-term chart of the...
Hubert Moolman
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January 27, 2020
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GREED AND FEAR The January 1987 edition of Military Review, a professional journal of the U.S. Army, noted: “Since the mind of the individual soldier has not changed and fear is the crucial factor in the outcome of all battles, tactics must be directed not just against...
Chris Ciovacco
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December 23, 2019
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It has taken a few weeks to play out but our warning of a correction in precious metals (first on August 18) is coming to pass. Last week Gold, Silver and GDX all formed big bearish reversals at multi-year resistance levels. Yes, these resistance levels (Gold $1550, Silver...
Jordan Roy-Byrne, CMT
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September 10, 2019
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Several weeks ago both Gold and gold stocks hit major resistance after strong but extended moves. A correction or pause was to be expected. Clearly, we can now say, the sector is in correction mode. Corrections tend to have three legs: a simple down up down or A-B-C patter...
Jordan Roy-Byrne, CMT
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October 1, 2019
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SIGN OF GROWING CONFIDENCE At the end of November, monthly CCI completed a momentum round trip by closing above 100 after closing below -100 in late 2018. CCI helps us track market momentum. The turn that just took place over the last year is typically associated with a si...
Chris Ciovacco
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December 18, 2019
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After several days of relative hesitation, oil did finally moved through and closed below an important support level, making our position immediately profitable. Can the bulls however mount a strong enough response to invalidate the breakdown? So far, it doesn’...
Przemyslaw Radomski, CFA
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October 1, 2019
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Yes, you read that right. Despite all the bearish developments that we described in the previous analyses , and despite myriads of bearish factors that remain in place for the following months, it seems that the white metal is about to rally. Gold, and mining stocks could mov...
Przemyslaw Radomski, CFA
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November 13, 2019
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One type of Fibonacci price structure we use to attempt to measure price trends and identify potential tops/bottoms is the “100% Measured Move” structure. This is a price structure where a previous price move is almost perfectly replicated in a subsequent...
Chris Vermeulen
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November 28, 2019
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