Yesterday we noted the end of day melt up as shorts scattered out of the way of a steamroller. That was a 3 min. micro chart. Here is a 30…
Add the US dollar to the list of items that are in question and on the move. The green circles show the higher highs and higher lows made by USD since the May low. In June it spiked down, tested that low and then shot higher.
Say, do you want to see what short covering into a market close looks like? It looks like this... It was fairly hilarious watching the streaming quote screen start blinking…
Though I have been very intolerant with the gold mining sector in seeing our way through its bear market, two items that have been in bull markets since 2013 (KDX…
Dialing out from the short-term Sym-Tri micro management, this is where the story will be told. If SPX can bounce here and reverse the lower low to the late July…
Bulls obviously have some work to do now. As noted, the break from this Symmetrical Triangle is probably going to establish a trend (finally) for the market. As of this…
This is almost too perfect. From Friday's post: "By the way, just for fun let’s watch what happens when MarketWatch starts putting up front page articles about the Dow and…
For several weeks now, we (NFTRH) have been managing the potential for a bounce in the precious metals. This was primarily based on over sold readings, a gold bug 'puke'…
It's 2 trading days since our Hammer Time post, that foretold a bounce. Talk about a tough market. Up, down, up, down. The S&P 500 already set a record last…
So Friday's post was on the mark. Great, the bounce is here. But what are we left with? Why, a Symmetrical Triangle that is forming on the S&P 500. These…
NFTRH 355 takes the balls in the air, tops spinning on the table and the up and down market whipsaw and attempts to distill it all into a sensible narrative…
I covered a leveraged short in Small Caps, though I maintain a straight out short on SPY, which I have been holding for maybe a couple months now. I even…
Gold (GLD) vs. a grab bag of commodity funds...
I find it interesting that July Payrolls was pretty decent, the US dollar firmed (apparently with firming expectations of a Sept. rate hike), some stock markets and commodities are weak…