Methodology: each issue's direction is a live signal — long/short opens or holds a position, neutral means flat, and every direction change opens, flips, or closes it. Returns are direction-aware (a short gains when the price falls) and compound across positions from first observation to the latest issue. "Price move" is the stock's own raw change, shown separately. Neither represents actual portfolio performance.
Brief History (2 issues)
Down 5.06% with the gold complex, RSI a firm 64.6 after a 29.8% month, yet still 16.3% below the 200-day and 44.2% off its high; five analysts leave 29.4% of upside but the intermediate trend is unrepaired — staying flat.
Gold at $4,082 lit the miners: +10.1% on 2.2x volume, higher-torque than Zijin but purity cuts both ways in drawdowns — a leveraged expression of the gold long