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)
The gold ETF gained 1.01% to 87.33, up 5.19% on the week and 8.69% on the month. RSI at 68.0 nears overbought with the 7-day RSI already at 80.6; price sits far above the 20-day SMA (81.88) but still below the 200-day (88.77). Its money-flow heat is well documented: gold hit record highs with roughly $5.5B flowing into gold ETFs in August, driven by a weak dollar, September rate-cut expectations, and safe-haven demand. Momentum is strong but fast indicators run hot — chase with care; the bull case holds as long as pullbacks defend the 50-day SMA (82.30).
Down 0.40% with RSI a firm 65.8 after a 6.9% month. Gold spiked to $4,435 on August 11 before losing $4,400 to close near $4,367 — a pullback driven by Hammack's hawkish remarks lifting hike expectations rather than fading safe-haven demand.