A Bull Market Approaching A Critical Test – Goldfinger’s Trading Lab Morning Email
I have been reading over Goldfinger’s daily email for a few months now and I really enjoy his to the point commentary on the metals. After his note yesterday morning I reached out and asked if I could post his thoughts. Here are his thoughts on the gold sector.
Since we appear to be in a relative lull in terms of junior mining news, I decided to make a video last night that details what I’m seeing out there across markets.
Reflationary assets and stocks such as copper, oil, BHP, CAT etc. are all having horrendous weeks as investors become increasingly concerned about the rise of covid variants and the potential for a Fed taper before year end.
Whatever narrative we want to use to explain market behavior, the fact is that there are dozens of critically important charts facing a critical test in the coming days. The final two weeks of August are typically a sleepy time of year for the stock market, that might not be the case this year….
In Gratitude, Robert