We have been following the progress of USD and Euro for macro purposes and for management of certain global asset markets (like Europe, commodities, etc.). For example, commodities have gotten…
S&P 500: Is it This Simple? Excerpted from this week's edition of Notes From the Rabbit Hole, NFTRH 364... In an age of Algorithms, High Frequency Trading, Quant-injected performance engines…
NFTRH 364 talks about 'comps' 1, 2 & 3 for the current S&P 500 situation. Those would be the bearish 2001 and 2008 and the ultimately bullish 2011 one. We…
Gold got loved by large specs and gathered some commercial shorts. Silver had a lot of interest relative to gold, pound for pound (or oz. to oz.). The Goons took…
I want to update the charts from the last two updates (GDX, XLE and SPX) and also have some words about the markets overall. GDX hit the first resistance level…
The US dollar is going to break down from the wedge this morning. The green arrows show that it made a higher low and a higher high in September, keeping…
What do you know? The BoJ is holding firm this time (unlike Q4 last year when they blew up the Yen and were part of what seemed a coordinated effort…
On Tuesday we reviewed the constructive looks of gold stocks (GDX), energy (XLE) and the US stock market (SPX) by daily charts. In NFTRH 363 we noted that GDX had…
The Character of the commodity complex is improving. Each week NFTRH has maintained the 'bear market' stance, and that is of course still the case. But there was the pesky…
US dollar daily is in the nose of a somewhat Symmetrical Triangle just below the MA 50. MACD is turned down. US dollar weekly shows the little triangle and also…
A brief daily chart review... Yesterday GDX continued to follow through on its trend line breakout, which came on volume and was noted in NFTRH 363. This continues to look…
Excerpted from the October 4 edition of Notes From the Rabbit Hole, NFTRH 363. Reference previous articles on this theme, Macrocosm, Microcosm & Microcosm Expanding... Here again is our representation…
We have been successfully managing an 'in motion' market since the August festivities kicked off. It is October and Money Managers (NAAIM), Newsletter Writers (Investors Intelligence) are thoroughly spooked and…
As you know, we have been following this constructive view of the 30 year yield vs. the 5 year yield with respect to its would-be negative implications for the stock…