First, for all you right minded wording detectives out there, you are absolutely right… inflation is not rising prices and deflation is not dropping prices. Also, deflation is not two measures of a heavily manipulated bond market (chart 1) dropping impulsively. But for the sake of argument, let’s realize that Main Street does indeed call $4 regular at the pump “inflation” and every several years … Continue reading Is Inflation Oversold?
Frankly, the more unwieldy this hyper frenetic market gets, the less inclination I have to do NFTRH+ updates, because the volatility has a funny way of breaking charts (with associated mixed results for +). We are not participating in a stable market my friends. But insofar as a low risk setup comes along, so be it. Hence the SPY update that noted 206 as a … Continue reading SPY Updated
Okay, everybody to the other side of the boat! Risk goes off today in the casino as all durations drop and the curve rises. Thank you Doctor Bernankestein for the hyper frenetic FrankenMarket you have created. Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and NFTRH+ chart and trade ideas or the free eLetter for an … Continue reading Yield Curve Today
Just an FYI that silver is still leading gold on the short-term and the ratio is above the 50 day moving average. Continue reading Silver vs. Gold
Mark Hulbert’s HNNSI (data compiled from Nasdaq oriented market timers) shows that sentiment among these timers was not indicative of a top as it had been fading the rally into the recent interim top. From Hulbert: Contrast the HNNSI’s recent behavior with what happened as the 2000-2002 bear market was beginning — at the top of the Internet bubble. Three weeks after the Nasdaq COMP, … Continue reading Stock Market Not Even Close to Topping Out –Hulbert