GoPro and coal have nothing to do with one another. But I think they are about as far at the opposite end of sentiment and valuation spectrums as you can […]
Category: Charts
Commodities Re-Test Their Stage 1 Base
It’s do or die time for commodities. In classic Stage Analysis what we’re seeing right now is a retest of a Stage 1 base that formed over multiple months in […]
Gold Stocks Hold Their Ground
GDX held up rather well today with gold down 2.40% for the day. GDX was only down 2.64% and many leading gold stocks were down less than gold. GDXJ was […]
GDXJ Surges On Massive Volume
GDXJ broke out of a bullish pennant consolidation today on the second highest volume ever. The volume over the last month in general has been extraordinary in GDXJ. There’s a […]
GDX Reverses Higher On Strong Volume
GDX printed a nice hammer candlestick in today’s session on above average volume. I really like the technical setup in gold stocks right now. We have a bullish flag formation […]
Is A Top Forming In Amazon?
I can find a lot of charts where stocks have only made it a quarter or halfway back up from their April-May bottom. And these are stocks that should be […]