After a very choppy sideways start to the week, the FOMC Minutes release on Wednesday was a non-event, but when we reached Friday and the Jackson Hole speech was delivered, it looks as though we finally have our ‘directional’ trades revealing themselves. The China trade wars and the Jackson Hole speech did seem to shake […]
The various market sectors have been choppy and sideways, but with Fed Chair Powell speaking at Jackson Hole this morning ( U.S. Time), there is at least a chance for that to change. Let’s look at our markets…
. When stocks run steadily higher, they can get a bit extended or maybe sentiment even gets a bit euphoric. A healthy market then starts to enter a period of consolidation or begins to pull back and digest those gains. I think that is what we are seeing currently in the Precious Metals Sector, but […]
Recently I have been pointing out various areas where divergence seemed to be sending out a warning. Wednesdays trading got pretty ugly by the end of the day, so let’s see how everything was affected… . NASDAQ DAILY – We have been trading the Miners more than anything else, but for those that take positions […]
. I’ve heard the old expression, “What a difference a day makes”, but Now I truly understand the expression: “Wow what a difference a day makes! ”
Pick any Sector and it looked a bit Choppy Monday, and even though Gold & Silver are looking like they are forming Bull Flags, Miners dropped. Let’s take a closer look and see what Monday brought our way…
