US Dollar Correction, Daily Chart Updated
Here we have Uncle Buck, fallen out of bed and trying to right himself. Support is noted, first at a trend line and then stronger support at a lateral cluster. …
Here we have Uncle Buck, fallen out of bed and trying to right himself. Support is noted, first at a trend line and then stronger support at a lateral cluster. …
SEMI has released the Semiconductor equipment sector's book-to-bill ratio (b2b) for February and it continues to be stable. The implication is that the industry as a whole is still upgrading…
A top of the line report from a top of the line service. Subscribe to NFTRH Premium for your 25-35 page weekly report, interim updates (including Key ETF charts) and…
The Utilities index was shown for subscribers in NFTRH 334 before it had broken out of its bullish looking Wedge. The index had drifted down to support and if one…
By way of @TheStalwart (which was forwarded by a subscriber who has dug up so many quality reference points): Holy crap. Had no idea the Billion Prices Project is now…
Post-FOMC The first line of the FOMC statement yesterday was what I assume they wanted us to pay the most attention to. It was packaged with a view of moderate…
These moves were likely either sooner or later, and the FOMC's sorta kinda change of wording was just the accelerant needed. Uncle Buck is taking a break... ...and EUR/USD is…
'Close to the vest' (AKA not leaning too far one way or another, AKA cash) remains the play until the FOMC meeting and its aftermath are cleared. This is because…
Excerpted from the March 15 edition of Notes From the Rabbit Hole, NFTRH 334: As the title suggests I want to talk more and chart a little less this week. …
An important new theme is introduced with respect to the Fed and its unruly subject, Uncle Buck. Lot's of other good stuff too. Subscribe to NFTRH Premium for your 25-35…
Gold and Silver Commitments of Traders improved again. This weekend we'll take a look at graphical views and see where the trends are at. Subscribe to NFTRH Premium for your…
So next week the drama will unfold once again on Wednesday as a bunch of interest rate manipulators make a "decision". The 2 year yield has been telling them since…
US Stocks
This headline says it all. Playing its assertion straight, we acknowledge that what was a bubble in asset market supporting policy could morph into a bubble and blow off (i.e. mania) in stocks.
As usual we will seek to add more to a bullish gold stock discussion, such as Treasury yields and their spreads, gold’s performance to the stock market and even the US dollar, which is very over done to the upside. All of these and more will play in to an intermediate to long-term bullish case.