Notes From the Rabbit Hole

NFTRH; Back in Rising Yields Mode?

Assuming a bullish market, one of the key considerations about sector positioning is the state of long-term yields and their relationship to short-term yields. For example, segments that tend to…

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Read more about the article Transports Positive Divergence

Transports Positive Divergence

There are still several market internals indicators that are weak, especially regarding breadth. But one indicator that has flashed positive for a few weeks now is the Transports vs. Dow.…

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Read more about the article US Stock Market Leadership

US Stock Market Leadership

The leadership chain is intact. SOX/NDX has remained functional. NDX/SPX has regained functionality. SOX/SPX is making a new high. Per this chart, as noted on Sunday in NFTRH 622, "this…

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Read more about the article NFTRH+; HUI Daily Chart Status

NFTRH+; HUI Daily Chart Status

On 9/24 using the daily chart below we noted... "A simple chart showing HUI in lock down below former support, now resistance. It’s bouncing today but that means little until/unless…

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Read more about the article NFTRH+; an Update on ‘THE’ Ratio

NFTRH+; an Update on ‘THE’ Ratio

Not often do I like to micro-manage indicators as if to give them more importance than they deserve. But this one is different. The Gold/SPX ratio continues to hold the…

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Read more about the article US Dollar

US Dollar

Per the NFTRH Trade Log last Thursday: "I just took all profits on what were by far my largest positions, Euro short EUO." Why? Because the profits were there. Why?…

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Read more about the article NFTRH 622 Out Now

NFTRH 622 Out Now

NFTRH 622 continues to manage corrections across most markets as USD finally bounced hard and the Gold/Silver ratio got in gear as well. Folks, this stuff is as it should…

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Read more about the article Going Inside – John Frusciante

Going Inside – John Frusciante

One of my favorite guitar players and through the lens of his music, one of my favorite humans too. I love how opinionated he is about music within a super…

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Read more about the article Gold, Silver & HUI Big Pictures

Gold, Silver & HUI Big Pictures

Gold, silver and the HUI Gold Bugs index are viewed here by their big picture monthly charts. In NFTRH we use mainly daily and weekly charts of these along with…

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Read more about the article QQQ Setup Much Like February

QQQ Setup Much Like February

Check it out. Big Tech is in a similar posture to the pre-crash breakdown and retest of the broken EMA 20 and SMA 50. RSI and MACD are in negative…

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indicators

Gold/Bond Ratios Merely Adjusting

In NFTRH we track Gold/Stocks consistently and Gold/Commodities and Gold/Currencies ratios fairly routinely. But we've not looked at gold's ratios to bonds in a long while. I see Gold/Bonds as…

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Read more about the article Canaries at Odds

Canaries at Odds

This article calls junk bonds a canary in a coal mine. Analysts often view ructions in the high-yield, or “junk-bond,” market as a canary in the coal mine, or an…

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