Friday, August 16, 2019

Models Still Like Precious Metals But The Miners Get Bearish Signals.

On Wednesday   MACD and RSI  generated over-bought signals for the miners using standard parameters.

Monte CarloQlearning
GLD
SPDR Gold Shares
to cashto stocks
GLD
SPDR Gold Shares
to cashto stocks
was cash:31.2%19.8%
was cash:16.2%15.6%
was stocks:0%48.9%
was stocks:6.9%61.3%
31.2%68.8%bullish23%77%bullish
IAU
IShrs Gold Trust
to cashto stocks
IAU
IShrs Gold Trust
to cashto stocks
was cash:10.2%20.2%
was cash:0%16.1%
was stocks:10.6%59.1%
was stocks:7.4%76.5%
20.7%79.3%bullish7.4%92.6%bullish
SLV
IShrs Silver Trust
to cashto stocks
SLV
IShrs Silver Trust
to cashto stocks
was cash:30.4%10.5%
was cash:0%58.4%
was stocks:10%49.1%
was stocks:7.4%34.2%
40.5%59.5%bullish7.4%92.6%bullish
SGOL
Abrdn Phy Swiss Gold
to cashto stocks
SGOL
Abrdn Phy Swiss Gold
to cashto stocks
was cash:10.6%19.8%
was cash:0%16.1%
was stocks:10.3%59.3%
was stocks:22%61.9%
20.9%79.1%bullish22%78%bullish
GLDM
SPDR Gold Miners
to cashto stocks
GLDM
SPDR Gold Miners
to cashto stocks
was cash:10.2%30.3%
was cash:0%16.3%
was stocks:10.6%48.9%
was stocks:7.3%76.4%
20.8%79.2%bullish7.3%92.7%bullish
PPLT
Abrdn Phy Platinum
to cashto stocks
PPLT
Abrdn Phy Platinum
to cashto stocks
was cash:61%0%
was cash:41.4%8%
was stocks:0%39%
was stocks:29.6%21%
61%39%bearish71%29%bearish
NUGT
Drxn Gold Miners
to cashto stocks
NUGT
Drxn Gold Miners
to cashto stocks
was cash:30.1%27.1%
was cash:68.7%26.7%
was stocks:24.8%18%
was stocks:0%4.6%
54.9%45.1%bearish68.7%31.3%bearish
JNUG
Drxn Jr Gold Miners
to cashto stocks
JNUG
Drxn Jr Gold Miners
to cashto stocks
was cash:47%45.7%
was cash:76.7%12.2%
was stocks:7.3%0%
was stocks:5.5%5.5%
54.3%45.7%bearish82.3%17.7%bearish
GDX
VanEck Gold Miners
to cashto stocks
GDX
VanEck Gold Miners
to cashto stocks
was cash:29.9%29.7%
was cash:35.6%51.4%
was stocks:20.3%20.1%
was stocks:6.5%6.5%
50.2%49.8%bearish42.1%57.9%bullish
GDXJ
VanEck Jr Gold Miners
to cashto stocks
GDXJ
VanEck Jr Gold Miners
to cashto stocks
was cash:28.2%11%
was cash:51.2%35.4%
was stocks:19.9%40.9%
was stocks:6.7%6.7%
48.1%51.9%bullish57.9%42.1%bearish

No comments:

Post a Comment

Short-term Low Is In.

With the MC algorithm almost entirely on the buy-side and QL starting to move the same direction, I'll say the turn to being bullish wil...