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…
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…
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…
For the same reason I was forced to take profit on Semiconductor company LSCC, I have done the same on gold mine developer AKG. As with the LSCC media buzz,…
If the US markets are going to bounce and avoid following the Transports and several global markets into a correction, the time to do it is, well... now. Subscribe to…
Putting on our conventional analysis hats (admittedly, not a hat I wear all too often) we see that the S&P 500 has happily continued higher despite a moderation in corporate…
Here is the note from the email to subscribers that accompanied the full report... "I thought is was time to bulk up a bit to a 30+ page report this…
Frankly, I need a graphic version of the report to really get an idea of the trend, but Silver's Commitments of Traders took a lurch in the right direction as…
From yesterday's post, with regard to the 10yr-2yr spread... "When it drops while yields rise a normal or at least sedate situation is indicated, as inflation is rising but to…
[edit] the post started as a simple thing and ended after getting way too involved. so much the better... An update of the situation on the Banks, the anti-Banks (gold)…
Courtesy of FloatingPath.com, below are some items within the disappointing April Factory Orders report. It is notable that April was the month that USD made its secondary 'lower high' top. …
The target on this counter-trend rally was 97. USD climbed above it, tried to establish support at the MA 50, and then failed today, I guess with the weak factory…
The Emerging Markets (EM) have been weak over the last month as the USD made a recovery rally. Today USD index is making a drop below the 50 day moving averages and the upside target of 97 we had noted (currently at 96.20).
This brings into focus the prospect of a ‘C’ leg of an A-B-C rally in commodities that was reviewed in NFTRH 345 and also the prospect of the EM fund EEM maintaining its series of higher highs and higher lows.
All in all a decent ISM RoB report for May. This is in line with the excellent Semiconductor Equipment sector April b2b we noted in NFTRH 244. Notable items are…