ISM is out and it was 'meh'. I have highlighted what I think is the most relevant with new orders bouncing and employment declining. Full details of the report here…
Last week we got a little extended, post-Draghi and pre-FOMC. This week we bookend the policy maker hype fest and as the dust settles, get back to our regularly scheduled…
This economic leading indicator* continues to decelerate. Again, our initial tip off was in July from my former associate's timely email informing that Japan's Mori Seiki was 'blowin' 'em out',…
What They Said "In determining whether it will be appropriate to raise the target range at its next meeting, the Committee will assess progress–both realized and expected–toward its objectives of…
Thing 1 happened in May. There is another similar Thing that happened before that, in March. Now Thing 2 is trying to happen today on FOMC day. If this reversal…
It may seem out of character for me, but NFTRH+ is a charting function not an idealist. Goldman Sachs has sneaked above the MA 50's and broken above a pattern…
US Stocks Anecdotally and one by one, I see more and more sources out there getting bullish with the market's advance. We are hearing about 'the cloud' and the internet…
Last week we noted the bearish pattern on GDX by a 60 min. chart, got head faked into doubting it on Friday and now, it has grown a second right…
AAPL is down 2.6% today, apparently with some pre-earnings jitters going on. This happened in AMZN last week as well. I know, because I was nonplussed while observing it. Understand…
Do not subscribe to NFTRH! At least not yet, anyway... I am going to release it publicly for the first time in probably 5 years. Coming at what is a…
Click the thing and behold the beauty of it. It's a log scale chart simply because I was fooling around with different views and forgot to change it back to…
This was not unexpected, per the SEMI spokesman's previous release in September. The ratio bumped up a teeny, but bookings declined, and bookings are the important one. Here is the…
Do you see this chart? In the old days when a world famous policy maker would jawbone about QE gold would sky rocket vs. the stock market. Now? This does…
Now that we are all giddy and bulled up (with SPX nearly touching the 2060 resistance zone), how about we review some more underpinnings that are less than stellar (joining…