. 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…
. In this report, we will discuss what time it is …
There were many smiling faces on Monday when Gold, Silver, and the Miners took off again ( maybe only until they looked at their IRA, though). On Monday, the SPX, DOW, and NASDAQ took a dive. The DOW was down almost 1000 points at one point, The NASDAQ was almost down 350 at one point, […]
