NFTRH+; SLCA

You may have noticed this one show up in my brokerage account back in March.  It was sold for a profit and put on watch.  I buy and sell things for different reasons, but NFTRH+ needs technical setups and now SLCA has one, although it was originally brought to my attention by a subscriber who is very fundamentals-oriented, FWIW.  If interested in that side of things, take a look and consider it along with the technical situation.

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USD, Gold, Yields & Words

In an update earlier in the week we noted that the preferred scenario of a USD correction might morph into a bullish consolidation in the form of an imperfectly formed Symmetrical Triangle.

Well, today Uncle Buck is dropping below the lower line and making a signal that our initial target of 94 (+/-), with its combo of a trend line and support cluster, is a good one.

usd

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Yields Today

The Yield Curve is rising today while nominal yields drop.  This continues the gentle uptrend that these spreads have been in lately.  Again we state that gently rising is one…

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Semi Equipment Book-to-Bill

Preamble

The Semi Equipment sector gave the signal in January 2013 that manufacturing was likely to sure up and then, the economy and employment.  Hence, it makes sense to continue watching the Semi’s for clues about the economy going forward.

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Treasury Yields Today

In the previous post we noted how the 10 year vs. 2 year spread closed yesterday (among other things).  Today that spread is rising with all nominal yields rising as…

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Plucky Gold Sector

A few relevant charts to the still-bouncing gold sector... HUI-Gold ratio holds above the SMA and EMA 50's. The 10yr-2yr spread is above the MA 50's. Gold vs. Stock Market…

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NFTRH+; GILD

Personally, I am leaning slightly toward bearish on the stock market, but the Biotech sector has been going to its own beat.  Taken in a vacuum, Gilead has an interesting…

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TSX-V (CDNX)

A quick visual for anyone interested in the Wild Wild West of Canadian speculation, AKA the TSX Venture exchange. The chart is self-explanatory.  A break of current resistance would target…

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US Dollar

USD came very close to our upside target of 101 and has since had trouble.  After testing the March high and dropping, USD is now bouncing from the lower line…

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NFTRH+; India

A subscriber who has a history as an India fund manager was kind enough to pass along (actually, remind me of…) a couple more symbols of interest (to go along with Nifty 50 fund INDY and MSCI India fund INDA).  These are the Wisdom Tree India earnings fund (EPI) and the Market Vectors India Small Cap fund (SCIF).  These are presented for your consideration and further research.

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Hype Down, Hype Up: DJIA

I currently own 3 components of the venerable Dow 30 index, so today is fine.  But the markets were driven down on China hype on Friday and up on same…

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NFTRH 339 Out Now

We do indicators 'n stuff.  We stay on the right side of the trends, playing the swings.  We refine the elements in play to coming trend changes.  We succeed over…

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BoJ Watching the Yen?

The last time the Yen made signs that the natural market was going to increase its value, the BoJ sprang into action and harpooned it.  Now the natural market may…

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Market Notes

Stock Markets

Interesting developments in the markets this morning.  Apparently momentum-fueled markets are getting knocked down by some hype from China pertaining to authorities allowing shorting of Chinese stocks.  That is not fundamental to anything, but it is a shot across the bow to over confident bullish momentum players the world over.  In true momo fashion, they are knee jerk selling in response.

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