Lot’s of comments, and I’ve annotated some charts, but I don’t have time to fill in the commentary yet, so I’ll just throw the charts out for now. Many of them are self explanatory… “developing…”
Markets via the Transports, daily:
And weekly, with the Fibs:
Now our $HUI— daily:
And the weekly $HUI:
Last, the Jacksonian Results as of Friday:
| Name | 18-Jun | 19-Jun | % Change | Comments | |
| ANDE | $ 28.18 | $ 28.61 | 1.53% | Still in consolidation here. Break now $28.15 | |
| EGO | 7.97 | 8.20 | 2.89% | Support @ 8, bizarre final 1/2 hour. | |
| GDX | 37.20 | 38.39 | 3.20% | Nice EOD action. | |
| GLD | 91.60 | 91.90 | 0.33% | POG flat, like all week. | |
| IAG | 9.10 | 9.36 | 2.86% | Never got below $9. Odd last ten minutes | |
| MON | 82.30 | 80.73 | -1.91% | A pox on Cramer. Nice final 45 min. | |
| NRP | 21.95 | 21.99 | 0.18% | Back above trend for now. | |
| PAAS | 18.59 | 18.93 | 1.83% | Nice volume today. | |
| RGLD | 41.98 | 43.08 | 2.62% | Still on trend. | |
| SLV | 13.97 | 13.99 | 0.14% | POSilver @14.23, inside day | |
| SLW | 8.30 | 8.63 | 3.98% | Triangle forming, up off the floor? | |
| SSRI | 18.13 | 18.92 | 4.36% | Nice move, but EOD red candles again. | |
| TBT | 55.76 | 54.34 | -2.55% | Not yet filled gap @ 54.20 yet. | |
| TC | 10.50 | 10.54 | 0.38% | Flat again. Watch for break. | |
| TCK | 16.28 | 16.54 | 1.60% | Consolidating. | |
| AVG (daily) | 1.43% | ||||
| AVG (monthly) | -7.15% | ||||
| AVG (inception) | 15.55% | ||||
| Cash ( 000’s) | $ 4.61 | ||||
Jack,Happy Father’s Day to you.I’m looking 2 make entry on the metals. Out of the Jackson list, do you have a favorite at current price?
I would say RBY is your best bet, come Monday.
Not only BTFO, but at all time highs. That’s usually significant.
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FYI, the weekly $TRAN is showing up as a big black box.
(If I click it, it takes me to the attachment page, where things do seem to be working.)
But maybe it’s just me…
D-Peez… I dunno what’s up, but I get the same black screen.
What’s interesting, however, is that I get the pop out charts now, which I never had previously.
So the only thing I can think is that Vincenzo is working on some features and hasn’t all the bugs out yet.
I’ll try to re-input the chart and see what happens.
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chicken..good..
whaaaaaaaa!
In case you were wondering why Devil Dawg is pissed at the world.
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MON reports a bumper crop of farmer’s livers and three headed chickens next week.
‘Bout time someone started farming livers, so Steve Jobs won’t have to jump ahead of dying little kids and other deserving beneficiaries in future.
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In other news, looks like John Paulson wins again.
Mining M&A on the front burner again? This could get interesting!
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‘Bout time someone started farming livers, so Steve Jobs won’t have to jump ahead of dying little kids and other deserving beneficiaries in future.
Nice, I like a sharp wit.
Sir Jake,
Have you done any tech analysis on treasuries? Would be interesting to hear your thoughts as TBT seems to be one of your top picks.
Many people are saying short treasuries is the play of the decade, but if one brings up a 30 year chart of TNX, among other indicators, there seems to be a pattern of lower highs and higher lows occurring which seems bearish.
Sir Jake,
Have you done any tech analysis on treasuries? It would be gainful to hear your thoughts as TBT seems to be one of your top picks.
Many people are saying short treasuries is the play of the decade, but if one brings up a 30 year chart of TNX, among other indicators, there seems to be a pattern of lower highs and higher lows occurring which seems bearish.
Noname- yeah, I’ve put that chart up here at least twice since I started.
You are correct, we’ve had an almost 30 year bull in Treasuries,but two things:
1) we had a break of the channel (to the negative) with the recent crash, which indicates an equal reaction to the north end.
2) the last period of combined Dem Congress and POTUS (93) killed bonds.
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