USD & Euro
USD is bouncing to test the highs after only stabbing but not really dropping into the preferred support area. Whatever, a bad jobs report did not hurt Uncle Buck as…
USD is bouncing to test the highs after only stabbing but not really dropping into the preferred support area. Whatever, a bad jobs report did not hurt Uncle Buck as…
In keeping a balanced approach to the stock market, I have certain companies on radar while at the same time being open to going bearish (beyond the SPY short) if the signals come in.
As with yesterday’s updates on Lithium and REE, we do a ‘+’ on the Malaysia iShares for those who might be interested and send it to the entire list, as it is more of a macro chart and not a dynamic trading situation. I am simply digging up charts that I find interesting from around the global asset markets.
After noting some new positive points and lingering negatives, the Precious Metals segment of NFTRH 337 ended with this…
“But the bottom line is that the precious metals are still only on a technical bounce and the CoT is giving a caution signal. We should respect both of these conditions until they are cleared. We’ll continue to update of course.”
While featuring good calls that I have failed to personally take advantage of (can't buy everything and my focus has been on Biotech and Specialty Pharma for available risk funds),…
You may recall that ‘outlier’ commodities Lithium and REE’s took off together earlier in the year and the advice was that if you are a “Lithium head” (or REE head) it would be best to wait for a pullback.
I am not going to pretend to be a great trader. Sometimes I do very well and other times, not so much. Then are times like with Silicon Motion, a…
We noted in NFTRH 337 that the EM's were attempting to break through resistance. While this is just short-term stuff (longer-term charts remain neutral at best) the first 3 days…
A subscriber asked if I was still in the SPY short or had I stopped out? Answer: Still on the short. It had been noted that the stop loss would be above 208.61 (last week’s high). SPY hit 208.76 today and I have not even thought of letting that make me cover.
Here is the Bank index, still holding support. While it looks like it could be making an extended top, the BKX is still above the first support level. Pigs and…
A simple update of USD. Daily USD has been gently ambling down from its high over 100. 94 (+/-) has been a likely target. Uncle Buck sent a scout down…
First an admin note: The reason we are not having many NFTRH+ updates lately is the same reason I kept NFTRH+ a free add-on to the regular service; I did…
First, the big picture monthly view of the €uro. How long ago it was that we charted the high risk level of 140 (+/-), at which €uro hit the top…
#337 slims down to 22 pages from last week's bulbous 42. That is because I write what the markets tell me to write and this week the important points were…