The very first step to any would-be corrective activity is to lose the EMA 10’s. That is the gold line on this chart of the
Month: November 2014
Dow-Gold; Secular Cycles
From MacroTrends… “This chart tracks the three primary secular cycles of the Dow to Gold ratio, smoothed with a 3-month moving average. The cycles are
Market Participation Fades
The charts below were included in an NFTRH update last week and also for eLetter readers over the weekend. I want to put them up
NFTRH 317 Out Now
Actually it was out much earlier but I had to get it in the can and run this morning. So now I am back and
Gold and Silver CoT Reports
With what little bounce activity gold and silver had experienced by Tuesday (CoT cut off date), the data show a jump in large speculators’ active
NFTRH; Junk-Quality Credit Spreads
Junk bond fund HYG is breaking below the 50 and 200 day moving averages. HYG in relation to long-term Treasury bonds never did break above
The 3rd Horseman
Gold vs. Silver and USD have reversed downward today. This would imply a whiff of an ‘inflation trade’ if it were to persist and lead
NFTRH; Participation Indexes Making Signals Again
Folks, no one indicator works as a stand-alone. In trying to gauge what is in store for markets we have got to go with probabilities
Gold Sector Review
Originally posted at Biiwii.com; thought I’d pop it up here as well. Below is a summary of some of the aspects we follow in NFTRH
Gold Sector Review…
What seems like an extensive review is really only the basics in the gold sector. That is how involved the many disparate parts are and
Yield Curve Today
The 10, 5 and 2 year spreads are aligned with the curve rising and nominal yields declining today. That is theoretically a pro-gold and risk
NFTRH; Key ETF Update
A snapshot of current technical status… GLD made a bearish breakdown below the equiv. of gold 1180. To even think about repairing the technicals, GLD
SOX Daily
The Semiconductor index is tapping the EMA 10 (gold line) again. This has supported two previous blips. Let’s see how #3 goes.
2 Horesmen
The Gold-Silver ratio and USD (GLD-SLV, UUP) are still in bullish trends, which means the case for a decline in market liquidity is still in