Jordan Roy-Byrne CMT, MFTA

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Gold Stocks are Extremely Oversold

Gold stocks have broken down technically, but they are extremely oversold.   Let’s start with GDXJ, which is rebounding today after testing support at $32.   The chart below plots GDXJ along with four breadth indicators, including new 52-week lows and a 50-day rate of change. The blue lines mark where the percentage of … Continue reading

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Video: When Will Fed Stop Rate Hikes?

In this video we present and discuss how the market is answering this question. We can look at indicators such as Fed Funds Futures, Swaps and Eurodollar futures. These things currently anticipate a Fed pause in December or February 2023 and a rate cut in March 2023 or May 2023. Click Here to Learn About … Continue reading

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Video: Bear Market Rally Before Stock Market Dump

The S&P 500, after rebounding from its 40-month moving average is now enjoying a bear market rally. The potential upside target is the 200-day moving average. In 6 historical bear markets and others, the market rallied up to its 200-day moving average before declining to much lower levels. Click Here to Learn About TheDailyGold Premium

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Interview: Oil, Copper, Bonds & Recession Risk

Jordan Roy-Byrne, Founder and Editor of The Daily Gold joins me to focus on copper and oil. Both of these commodities have pulled back in the face of bullish commentary and could be foretelling an upcoming recession and disinflation.  

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The Worse the Bear Market, the Better for Gold

Many of us in the gold community fear bear markets because they can inflict some damage to gold and silver stocks. That is a fair concern even though some go overboard.   That aside, it’s vital to understand that these bear markets are the catalyst for big moves and bull markets in Gold.   … Continue reading

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Video: Downside Reversal in Inflation Indicators

Inflation indicators like Oil, Natural Gas and Bond Yields put in nasty bearish reversals last week. We need to watch markets to see if there is downside follow thru here. If so, the narrative of inflation being the major problem could begin to shift to growth & recession. Click Here to Learn About TheDailyGold Premium

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