Anti-USD & Euro ‘Me Too!’

Just a quick note for those who only follow NFTRH.com... There is a post at Biiwii highlighting the basics of two interim macro plays; the prospective second phase of the…

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NFTRH+; AG

I have purposely not looked at anything having to do with First Majestic’s fundamentals.  This is strictly a daily chart setup for precious metals players who either like or want to trade this stock.  The post is made with the assumption that our proposed ‘silver leads gold in a resumed inflation bounce’ is still in play.

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Gold’s Ratio Signals

A brief snapshot of counter-cyclical gold's macro signals vs. other metals (and broad commodities) that are more positively correlated to economies, using weekly charts... Each week NFTRH updates many charts…

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Market Update FOMC, T-Minus 1 Day…

Roughly 24 hours before the latest great ‘decision’ gets handed down on whether or not the Fed is considering changing ZIRP-eternity any time soon I thought I’d put up a general update of various markets.

It is the same old theme for the S&P 500, with a sideways to up bias on the intermediate and slight downward bias on the short-term.  SPX is grinding up and down every couple days and this is a market that people should stand aside from, outside of individual trades and long-term orientations taken for other reasons.  This market is and has been going nowhere.

spy

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Euro ‘Me Too!’ QE Trade, Part 2 Taking Shape

In Q4 2014 Europe was hated as an investment destination, what with pervasive deflationary pressures and little more than Draghi's jawbone supporting the idea of a coming QE and a…

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NUGT Short

In the screen shot intro for NFTRH 347 a couple posts ago it was noted that the short position in NUGT was covered.  Profit was taken on the short amidst…

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TQQQ Short Covered

In a post late last week it was noted that the leveraged long NDX fund TQQQ was shorted.  Well, a quick profit is now booked.  It's not a good looking…

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NFTRH 347 Out Now

There is short-term and there is long-term.  Short-term, an indicator of positive inflationary cyclicality looks set to bounce.  Long-term, it is locked well below key resistance.  Joining this long-term Gloomy…

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Semi Bullish

Actually, I am fairly bearish and getting more so for reasons that will be reviewed again, in NFTRH this weekend. I am still not a bear however, as this week…

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Europe; Apples to Apples

The 'apples to apples' chart of unhedged Spain vs. unhedged Deutchland (iShares) continues to sport an interesting pattern that implies the speculative impulse is still alive and well in Europe…

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Public Interest Rate Anxiety Not Yet Peaked?

A search on Google shows that the term "rising interest rates" is gaining popularity and that media items are showing up in increasing volumes.  But also that there could still…

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Silver-Gold & PALL-Gold Ratios

A quick add-on to yesterday morning's update. While the US dollar declined and the TIP-TLT ratio, long-term interest rates, commodities and nominal gold and silver all rose along with stocks…

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‘Anti-USD’ Trade Update

From NFTRH 346: "It is possible that an A-B-C type correction began in March and ended in May and now a new bull leg has begun.  But until 98 is…

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