Being Analytically Honest, Presenting the Other, More Bullish Case for Gold & Miners

Had an earlier post this morning on why gold was technically broken. So long as prices remain below the 12 month MA will continue to believe that the onus is on the metal to prove itself to the upside. That…...

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Airlines Successfully Clearing First Test of Resistance, More Upside in Play?

I know the airlines group is generally loathed. That said, in a post earlier this week it was noted that the group’s relative performance against the SPX has tracked the general decline in the USD for over a decade now and…...

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Euro Financials about to Out-perform Near-Term, Positively Boost Global Sentiment?

Euro Financials about to Out-perform Near-Term, Positively Boost Global Sentiment?

The ratio chart below of the DJ Euro Financials vs. the XLF suggests the former could be reaching a support zone whereby they could out-perform the latter, at least in the very near-term. Ostensibly, such out-performance would likely be coupled…...

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Much Maligned Airlines About to Sustainably Outperform?

As of this week, the USD is breaking trend-line resistance dating back to the early part of the last decade at line (1) below.  Ostensibly, this represents a trend change of some proportion – bull market beginnings, bear market endings. The…...

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