Daily Archives: August 8, 2020

Showing articles 1 - 2 (2 total)

30Sep2:59 pmEST

A Gold Top? Maybe. Maybe Not. Maybe Go to the Weekly Chart

Recent strength in the U.S. Dollar has coincided with a sharp pullback in the precious metals and mining complex, which should not be all that surprising considering the run the sector has had, by and large, since around Memorial Day.  Still, once GDX (ETF for the senior gold miners, on its daily and weekly charts, respectively below) lost the...

30Sep10:32 amEST

In Need of a Magic Boost

It remains to be seen whether Wall Street will adhere to its old adage to, "Sell Rosh Hashanah, Buy Yom Kippur," this year, something we fleshed out in more detail for Members over the weekend. But with a modest bounce going this morning as I write this, the third quarter of trading may very well go out with a whimper today after seemingly...

 
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