I’d like to point the metals & mining ETF and its relationship to its Bollinger Bands:

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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.
AMAT Chirps, b2b Ramps, Yellen Hawks and Gold’s Fundamentals Erode
(more…)The tweets giveth, and the tweets taketh away. Once again, we are in a situation where a single rumor (delays on car tariffs for EU for 6 months) rocketed the ES almost 50 points from its low.
