Amid Bad Fundamentals, Gold Sector Rally May Have Begun

See edit at end, adding in the favorable gold and silver CoT. We have been expecting a seasonal rally in gold, silver and the miners off of a bottom due in either December or January, as is typical of the sector. I’ve marked up Sentimentrader‘s seasonal gold pattern to show the secondary low made (on […]
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Perspective on the Gold/Oil Ratio, Macro Fundamentals and a Gold Sector Bottom

This was going to be part of an NFTRH update, but I decided to make it public, as we’ll have plenty of other information to work on this weekend in NFTRH 474 after such an eventful market week. With all due caveats about the non-stellar gold CoT data (we’ll update in #474) I wanted to […]
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Do Stock Market Fundamentals Matter Yet – Or Ever?

by Avi Gilburt, ElliottWaveTrader.net The market has finally followed through on the pullback we were expecting to the 2335SPX region from 2400SPX, as we have outlined. The structure of the market over the coming week will likely tell us when the next 200-point rally to 2500SPX takes hold. This past week, I read an article by […]
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Fundamentals

Someone on Quora asked me how I used fundamentals in my analysis. Here’s what I wrote: The short answer is: I don’t. But let me lay out a couple of points. First, absolutely at the heart of technical analysis, in my opinion at least, is that all the knowledge that can be had is already […]
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AMAT Chirps, b2b Ramps, Yellen Hawks and Gold’s Fundamentals Erode

Following is the opening segment from the May 29 edition of Notes From the Rabbit Hole, NFTRH 397: If we are going to highlight improving fundamentals, which we did as gold out performed commodities and stock markets, then we also have to highlight and respect eroding fundamentals; no ifs, ands or buts. The plain and […]
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