NFTRH+; SPX 60 Minute Chart
A 60 minute view of SPX. I am going to consider it worth a shot from the short side here at the channel top. The stop loss will be a…
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September 30, 2015
A Clear View of Technical Parameters by a Long-Term Monthly Chart of SPX
Sometimes we need to dumb it down and look at cartoons or the simplest pictures we can find. This is a calming view when considering the noise of Elliott Wave…
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September 30, 2015
Earnings Preannouncements for S&P 500 Companies
As if our jobs were not complicated enough trying to divine bullish or bearish at this technical decision point in the markets, here comes FactSet with the numbers on earnings…
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September 29, 2015
Biotech Reversal, SOX Relative Strength
It often pays to follow the leaders. Biotech dropped and reversed from its test of the August lows. SOX-SPX ratio was relatively stronger on this decline than the August decline.…
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September 29, 2015
Notes and Strategy on Stock Markets and Gold/Gold Stocks
Well folks, 'August low retest' it is, as per plan. Part 1 was the drop from the August breakdown. Part 2 was the 'bounce' recovery (ended at SPX 2020). Part…
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September 28, 2015
Catching Up on Some Gold Ratios (GLD vs. SLV, SPY, HEDJ, USO & DBC)
Because they are key to our macro fundamental road map going forward, we continue to watch the 'gold vs.' theme very closely. These are like credit spreads, only they have…
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September 28, 2015
NFTRH 362 Out Now
As noted in the subscriber email that accompanied NFTRH 362: "NFTRH 362 trims back down to 22 pages, but makes a lot of points in those pages. In particular, despite…
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September 27, 2015
US & Global Stocks, Gold Sector, Commodities & Currencies
A quick run down on multi-markets... S&P 500 is in a downtrend and has dropped as expected toward a test of the August low. Today's candle and those of other…
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September 24, 2015
CAT, Durable Goods, Stock Market and the Case for Gold Mining
Today is notable because the economic data continue to decelerate (Durable Goods declined and Caterpillar layoff announcement), the stock market is doing what we expected and the gold sector is…
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September 24, 2015
The Reason I am Happy That This Subscriber Canceled and Moved On…
John L. was a long-time NFTRH subscriber. After cancelling his subscription the other day he sent me this note: "You have been a terrific mentor and my nearly 5 years…
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September 24, 2015
10yr to 2yr Yield Curve is Still Sedate Despite a Constellation of Bearish Indicators
Yesterday Biiwii had a look at the 30's vs. 5's, which appear to be bottoming and not a pleasant picture for the stock market. But the most commonly viewed yield…
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September 23, 2015
US Stock Market Status and Strategy
The US Stock market is generally in a downtrend by daily and weekly charts. This means that the trend is down in all but the monthly time frame. The monthly…
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September 22, 2015
US Market: Some Ugly Charts and One Fairly Attractive One for Your Viewing Pleasure
Being a visual learner (as opposed to a facts and figures learner) I always like to look at the market's pictures in order to tune out idiotic and/or emotional headlines.…
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September 22, 2015
Semiconductor Book-to-Bill Triple Play; Bookings, Billings & Ratio Rise in August
Semi.org's latest book-to-bill (b2b) data is out, for August. The all-important 'Bookings' data hit a 6 month high (in its 3 mo. average) and if memory serves, this is higher…
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September 21, 2015