• 1,128 days Will The ECB Continue To Hike Rates?
  • 1,128 days Forbes: Aramco Remains Largest Company In The Middle East
  • 1,130 days Caltech Scientists Succesfully Beam Back Solar Power From Space
  • 1,530 days Could Crypto Overtake Traditional Investment?
  • 1,535 days Americans Still Quitting Jobs At Record Pace
  • 1,537 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
  • 1,540 days Is The Dollar Too Strong?
  • 1,540 days Big Tech Disappoints Investors on Earnings Calls
  • 1,541 days Fear And Celebration On Twitter as Musk Takes The Reins
  • 1,543 days China Is Quietly Trying To Distance Itself From Russia
  • 1,543 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
  • 1,547 days Crypto Investors Won Big In 2021
  • 1,547 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
  • 1,548 days Food Prices Are Skyrocketing As Putin’s War Persists
  • 1,550 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
  • 1,551 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
  • 1,554 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
  • 1,555 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
  • 1,555 days Two ETFs That Could Hedge Against Extreme Market Volatility
  • 1,557 days Are NFTs About To Take Over Gaming?
What's Behind The Global EV Sales Slowdown?

What's Behind The Global EV Sales Slowdown?

An economic slowdown in many…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Zombie Foreclosures On The Rise In The U.S.

Zombie Foreclosures On The Rise In The U.S.

During the quarter there were…

readtheticker

readtheticker

readtheticker

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online…

Contact Author

  1. Home
  2. Markets
  3. Other

Is This The Start of a New Bull Market for This Forgotten Sector?

Is This The Start of a New Bull Market for This Forgotten Sector?

For years folks have said, you have better chance of seeing a unicorn, than this sector move into a bull market. Wait! Is that a unicorn!

On Oct 8th 2014 many gold and silver stocks posted a wide ranging spread day off a low support zone with solid (and in some cases extreme) volume. The high volume off a bottom can be considered demand, but be careful that there is also supply around, a minor test may be required to prove that today action is true demand.

A good start.

Review: GDXJ, SIL, GDX, GCC, SLW, HL, RGLD

Gold Price Percentage Change

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote...

"The desire for constant action irrespective of underlying conditions is responsible for many losses on Wall Street, even among the professionals, who feel that they must take home some money every day, as though they were working for regular wages." ~ Jesse Livermore

"Money couldn't buy friends, but you got a better class of enemy." ~ Spike Milligan

 

Back to homepage

Leave a comment

Leave a comment