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 | Przemyslaw Radomski CFA - SunshineProfits |
| 2018 Reversal Dates for Gold, Silver and Gold Stocks |
| Friday’s session in the precious metals sector was very exciting, but quite a few investors will want to agree to that, because the volatility wasn’t really big. But the dam is broken, and we saw several new cracks pointing to an incoming breakdown. It’s not the time to look away from all the signs – it’s time to take advantage of them.
In addition to showing you how we plan to proceed with the above, we’ll discuss something much bigger – the dates at which gold, silver and gold miners are likelTuesday, March 20, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Silver Does it Again! Severe Consequences. |
| In the free analysis that we posted last Monday, we warned that Friday’s session was likely to be volatile and tricky. This seems to have indeed been the case for silver. The white metal declined early in the day only to rally almost 40 cents from the initial low. In our previous alert, we discussed the possibility of silver topping at about $16.65 and this level was reached. Is silver about to take a dive just like it did in late November 2017?
In short, yes. That seems very likely, especially Tuesday, March 13, 2018 |
|
 | Adam Hamilton - Zealllc |
| Cheap Gold Stocks Basing |
| The
small contrarian gold-mining sector remains deeply out of favor,
universally ignored. Thus the gold stocks are largely drifting
listlessly, totally devoid of excitement. But that’s the best time
to buy low, when few others care. The gold stocks continue to form
strong technical bases, paving the way for massive mean-reversion
uplegs. And they remain exceedingly cheap relative to gold prices,
which drive their profits.
Being a gold-stock investor feels pFriday, March 9, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Gold Stocks Break Down below 2017 and 2018 Lows! |
| The HUI Index just closed below both 2017 and 2018 lows. The interpretations of many developments in the market are vague and subjective. But not major breakdowns. Gold miners just showed exceptional weakness by closing at new lows even though gold is still above $1,300 and the S&P corrected more than half of its recent sharp decline. Can anything save the precious metals sector from falling further?
Yes, but based on what happened yesterday, it seems that the golden Superman may have some troubThursday, March 1, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| The Coherent, The Foremost, and the Remarkable |
| The previous week was quite rich in important events. Silver rallied significantly on Wednesday and mining stocks underperformed significantly on Thursday. Gold declined significantly after moving to the previous high, but without a breakdown to new 2018 lows the situation remains tense, especially that the USD Index is fighting to break above an important support / resistance line. These signals may seem random, but if you’ve seen similar cases many times before, it all becomes coherent. EspeciTuesday, February 27, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Upcoming Turnaround in Mining Stocks |
| The price of no asset can move up or down in a straight line, so why should mining stocks be any different? They have been declining relentlessly for almost 2 weeks, erasing more than 10% of their value. Sharp? Definitely. Unsustainable? Perhaps. When will the turnaround take place? It depends.
It depends on the bullish signs and confirmations that we get. The correct question to be asking now is: “Why do we need any confirmations at all?” The reply is that because the situation is tense as therWednesday, February 7, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Fresh New 2018 Lows in Silver and Mining Stocks |
| Silver was just breaking to new highs, gold stocks (HUI) were above the 205 level and gold was at levels not seen since August 2016. Gold and silver bulls were cheering. They are not cheering anymore. Even though the above was the case just several days ago, it was all invalidated, just like we expected it to be. Based on what happened on Friday, silver and mining stocks are at their new 2018 lows and their entire 2018 performance is a one huge bearish reversal. Where do precious metals go from Wednesday, February 7, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Plunging Stocks to Push Gold Higher Fat Chance! |
| The bearish case for gold continues as fresh new bearish confirmations have just emerged. You have already read about gold’s huge weekly volume, gold stocks’ underperformance and many other factors. Yesterday’s session provides us with even more bearish details. But, there’s one thing that looks promising for gold bulls – the possibility of a big and sharp decline in the stock market. Some expect money coming out of the stock market to flow into precious metals, thus pushing their prices higher.Wednesday, January 31, 2018 |
|
| Przemyslaw Radomski CFA - SunshineProfits |
 Two Factors for Gold That You Don’t Want to Miss |
| Even though mining stocks closed last week below the Jan. 2 close and silver even declined below the Dec 31, 2017 close, gold moved higher. It’s not far from this year’s top either. So, is all well and are bullish gold price forecasts justified? Not necessarily. In today’s article, we show you two reasons why it’s a good idea to think twice before opening long positions in gold.
Some time ago we discussed the apex technique for the HUI Index and it worked perfectly, triggering a reversal right aMonday, January 22, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| The 2018 Decline in Precious Metals |
| The precious metals sector moved higher in the first days of this year, but based on yesterday’s decline and the current price levels, 2018 is already a down year for silver and mining stocks. Gold is almost flat. This is a subtle clue that the rally may have already ran its course. The confirmation comes from what happened yesterday. Miners continued their decline, invalidating the previous breakout, while gold finally joined the rest of the sector and started its own decline as well. Is the raThursday, January 11, 2018 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Gold: This Might Hurt |
| The gold volatility index moved to a new all-time low and there was no meaningful action in gold recently. Well, we profited on the decline and on the following upswing, but the price action that we saw was nothing to call home about. For months, gold has been moving around the $1,300 level and it’s trading relatively close to it also today. But, will this action persist for much longer? Not likely. It seems that something is about to hit the fan.
Before this week, there were many signs pointingThursday, December 28, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Gold's Upside Target Reached - What's Next |
| How high can gold rally? To $1,270 - $1,290. That’s what we wrote on December 14. Stockcharts’ intraday high for yesterday’s session is $1,271.40, which means that our target area has already been reached. However, gold will remain in the target area even if the rally continues for another $20 or so. Which scenario is likely to play out and when is it likely to play out? Gold's chart provides answers, so let’s start today’s analysis by taking a closer look at it (charts courtesy of http://stockcThursday, December 21, 2017 |
|
 | Gary Tanashian - Biwii |
| Update on Q4 Pivot View for Stocks and Gold |
| By Gary TanashianReference a post from August 11: Potential Pivots Upcoming for Stocks and GoldStock Market StatusIn the above-linked article we noted several legs that could be kicked out from under the S&P 500’s table in Q4 2017. The stock market blew right through one of them, which was a bearish (on average) seasonal trend for the 2nd half of September. No one indicator is a be all, end all. In sum, they define probabilities. But price is the ultimate arbiter and as of today, price says ‘stiFriday, October 13, 2017 |
|
| Adam Hamilton - Zealllc |
| Major Gold-Stock Breakouts |
| The
gold stocks are off to the races again, with big gains mounting.
They just staged major breakouts, shattering a vexing consolidation
that had trapped them for an entire year. Such momentum early in
gold’s strong season is a very-bullish portent. As higher prices
improve both technicals and sentiment, buying begets more buying.
With gold-stock prices still quite low in secular terms, their
upside remains huge.
Gold
stocks are a small contrarian sector wiFriday, September 8, 2017 |
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| Gary Tanashian - Biwii |
| Potential Pivots Upcoming for Stocks and Gold |
| By: Gary TanashianPrologue: This is a bearish article written by someone who covered his short (bearish) positions today (except for the euro) and has only long positions now, in precious metals and stocks, along with a heaping helping of cash. In other words, per yesterday’s snapshot, the market had dropped to levels that could see a bounce, especially since the spark to this week’s reaction was not legitimate as a substantial market input. This article is not concerned with short-term ups and Monday, August 14, 2017 |
|
| Przemyslaw Radomski CFA - SunshineProfits |
| Last Week’s Rally in Gold Stocks Erased |
| Gold, silver and the USD Index didn’t do much in yesterday’s trading, but that was not the case with mining stocks. The divergence between gold stocks and gold was particularly visible and the implications are once again particularly important.
Let’s take a look at the charts, starting with the HUI Index (gold stock chart courtesy of http://stockcharts.com).
The gold stocks’ reaction to the recent USD weakness and gold’s previous move higher has been weak for many days, but Monday’s session tTuesday, July 25, 2017 |
|
| Przemyslaw Radomski CFA - SunshineProfits |
| Preparing for THE Bottom: Part 4 – Gold Stocks and Bonds |
| In the first part of the Preparing for THE Bottom series, we emphasized the need to be sure to stay alert and focused in the precious metals market, even though it may not appear all that interesting. We argued that preparing for the big moves in gold that are likely to be seen later this year should prove extremely worth one’s while. In the second part of the series, we discussed when, approximately, one can expect the key bottom in gold to form (reminder: this winter appears a likely target) aThursday, July 20, 2017 |
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| Przemyslaw Radomski CFA - SunshineProfits |
| Gold Moves Higher but Miners Don’t |
| Yesterday’s session was yet another one in row when mining stocks underperformed the yellow metal, which continues to have bearish implications. Nonetheless, gold moved to new short-term highs and in today’s alert we’re going to discuss the implications of this move.
In short, there are no important ones. Let’s see why (charts courtesy of http://stockcharts.com).
The key reason is that gold didn’t break above the rising resistance line based on the previous major lows (in terms of daily closiThursday, June 1, 2017 |
|
| Przemyslaw Radomski CFA - SunshineProfits |
| Gold Silver Trading Alert: New Important Technical Development |
| During yesterday’s session, the USD Index plunged once again and so did the general stock market, while gold rallied over $20 and we see a new major technical development that we’ve been expecting to see for some time now. What’s new and what changed?
Let’s start with gold (charts courtesy of http://stockcharts.com and http://sunshineprofits.com).
In yesterday’s intra-day alert, we wrote the following:
So, nothing really changed in silver and miners. It does appear to have changed in gold, buThursday, May 18, 2017 |
|
| Adam Hamilton - Zealllc |
| Gold-Stock Breakouts Near |
| The
gold-mining stocks’ usual volatility has proven outsized so far this
year, spooking investors. A fast initial surge in a new upleg was
soon fully reversed by a sharp major correction, which spawned much
bearish sentiment. That combined with the great distraction from
the Trumphoria stock-market rally has left gold stocks unloved and
overlooked. But their outlook is very bullish, and major upside
breakouts near.
It’s
hard to find bargains in today’s extreFriday, April 7, 2017 |
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