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Gary Tanashian is proprietor of and Actionable, hype-free technical, macro economic and sentiment analysis is provided in the premium market report 'Notes From the Rabbit Hole' ( Complimentary analysis and commentary is available at the... More
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  • NFTRH 218 Out Now 0 comments
    Dec 23, 2012 9:34 AM | about stocks: GLD, SLV, DIA, SPY, QQQ, EEM, EWJ, FXE, GDX

    NFTRH 218 uses a little biblical imagery to make some points about the gold sector. A new theme comes further into view that sees Europe and the US essentially having switched roles as global casino patrons rush toward the 'safety' (ha ha ha) of Europe with the fiscal problems in the US. Sentiment is becoming unhealthy (over bullish) amid rising risk on one area and sentiment is becoming healthy (bearish) amid declining risk in another.

    Good stuff… NFTRH 218 out now.

    (click to enlarge), Twitter, Free eLetter

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

    Additional disclosure: No positions mentioned.

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