Stock Market SPX is back below the key short-term resistance line and the 50 day EMA and SMA. We are back on watch for the EMA 20 (orange dotted) as we were last week when it was tested and held. The bounce labors on, but the bulls sure are having issues. What a grind. Notably, 3 of the 4 vehicles I chose to be long … Continue reading NFTRH; Stock Market and Gold Sector incl. More CoT Discussion
This is as much an excuse to test the NFTRH+ ‘opt-in’ list as it is a reason to update the energy sector (XLE). At the next regular update I will note that this post was emailed and anyone who either sees this post at the site or sees it referenced in the next regular update but did not receive it by email, please contact me. … Continue reading NFTRH+; Energy Sector Updated (XLE)
By Monetary Metals Gold-Silver Ratio Breakout The gold to silver ratio moved up very sharply this week, +4.2%. How did this happen? It was not because of a move in the price of gold, which barely budged this week. It was due entirely to silver being repriced 66 cents lower. This ratio is now 83.2. It takes 83.2 ounces of silver to buy an ounce … Continue reading Guest: Gold-Silver Ratio by Monetary Metals
The Federal Reserve states that its goal is to promote employment and economic growth while regulating inflation. As if it is as simple as pulling levers, tweaking a few knobs and dialing up just the right amount of inflation per unit of economic growth. The hubris and ego involved here is incredible. For the last several years global macro dynamics had allowed the Fed to … Continue reading Growth or Inflation?