Yield Curve Today

The 10-5-2 spread is rising with nominal yields reversing to up.  A little risk off'y to go with junk bonds, which are quite risk off'y. For reference, here is the…

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10-2 Yield Curve w/ Gold

Here is the big picture view of the 10yr-2yr Treasury yield spread with gold shaded in the background.  People who successfully get through this bear market in gold will have…

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NFTRH; Econ Data, Markets and Gold

So the Swiss gold vote caused a sizable ruckus in gold and silver overnight.  This morning there is a nearly as sizable recovery in the metals.

The Swiss vote is an important hype component to get behind us and a positive reversal today would be notable, given the already over bearish sentiment profile (cue Citi’s Willem Buiter with a hysterical rant against gold leading in to the Swiss vote).

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NFTRH 319 Out Now

It's a global game of Whack-a-Mole (currency devaluation) and in this game certain countries and economic zones make sense in some ways.  Japan for instance may be viewed as USA…

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Yield Curve Today

It's in a risk 'OFF' alignment with all durations dropping but the curve rising.   Meanwhile, here's the chart of the 30 vs. the 5 year spread.  Obviously risk is…

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Small Cap Leadership Kaput

It's  a monthly chart and these guys move like molasses on a cold winter day.  But we might wonder how long it may take for the stock market's loss of…

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NFTRH; Risk Profile

We have a developing potential for a stock market upside blow off on the table for reasons explained previously.  With this update I want to present the indicators that argue to the contrary and ask us to manage risk.  I cannot predict which way the chips will fall (no pun intended) but I can continue to put up indicators for guidance.

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Gold vs. Oil

First let's preface by stating that I have a dislike for gold sector pom pom wavers as evidenced by this post at Biiwii:  Huey, Dewey & Louie. Second, let's ask…

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NFTRH; Oil to Target, Now What?

Per the simple measurement of this chart and others like it we have used, we find WTI crude oil at target this morning.

wtic

Let’s remember that targets are not stop signs, they are objectives based on pattern measurements.

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Happy Thanksgiving

Happy Thanksgiving dear NFTRH subscribers and website readers. See you on Friday.

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SOX Index, 2 Ways

Way 1 is the short-term view showing the wild recent history of a huge drop, instigated by one chip company's dour projection and then a whole media hype pig pile. …

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NFTRH; Key ETF Charts

A snapshot of current daily technicals…

Precious Metals

GLD is just above very tentative support.  Does not mean much however, until it closes above the SMA 50.

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TLT & TLT-SPY

The long bond fund TLT has looked just fine, as we had been noting in NFTRH ETF updates during its bowl-like pattern.  It's now broken above it.  Daily MACD and…

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Regarding the Semi’s

I did not make the point clear in the previous post but as NFTRH subscribers may recall, it is the Semi Equipment companies (they that supply the chip makers with…

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