HUI Daily Technicals

My phase of time stresses as noted in NFTRH 340's opening segment is kicking in a bit, but darned if I will miss the notable things like HUI below. So…

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Small Bounce in Orders

Courtesy of EDA, here is the data graphic showing a small bounce in Machine Tool sales in March... As well as in equipment for multiple industries... It's not a big…

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Biotech Sector Signal?

The weekly chart of the Biotech index kept us on a bullish orientation in the market, frankly for longer than I wanted to have that orientation.  Today, the BTK is…

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NFTRH+; SIMO

Well, here comes old friend Silicon Motion back down to earth.  Apparently news of an acquisition has induced profit taking in this quality Fabless Semiconductor company based in Taiwan. Due…

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NFTRH+; EWM on Track

EWM was part of an NFTRH+ update that was sent to the entire subscriber base (NFTRH+ is included in the regular service, but email is 'opt-in' so we don't bother…

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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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