A Creamy NUGT
Yesterday I got to tell the world about my lousy trade, being short 3x gold miner bull NUGT. Writing a post about it was the easy part. Losing money hand…
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March 8, 2016
MSCC: Scene of the Crime
They say in trading only an amateur returns to the scene of a crime recently profitable trade, lest he give back the gains. Well, my name is Gary and I…
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March 8, 2016
NFTRH; Multi Market Update
Stock Markets
US stock markets probed a bit further into the resistance (and if current analysis is correct, topping) zone equivalent to SPX 2000-2030 yesterday, closing at a new recovery high.
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March 8, 2016
Which Thing is Right on Interest Rates?
I own Thing 2 (XLU) from an NFTRH+ update, but took profit (and dividends) on its running mate, TLT. TLT is the 'long bond' iShares and it is roughly inverse…
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March 7, 2016
NFTRH: A Genius Free Zone
Last week I got to post up my bounce longs, showing the little sliver of the world that visits NFTRH.com my great prowess in trading. Add in a couple of…
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March 7, 2016
NFTRH 385 Excerpt: Post-Payrolls
A short wrap up to the employment situation from NFTRH 385... Hourly wages eased and this, along with the quality (or lack thereof) of jobs created has given the bears…
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March 7, 2016
NFTRH 385 Out Now
A whopping 49 pages and not nearly as difficult to digest as that sounds. Lots of charts and graphics populate what I think is a very cohesive report managing multiple…
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March 6, 2016
Bounce Vehicle #4 Sold (MYGN)
It was an adorable little pattern on a quality stock that got beat up post-earnings for some reason. Taking 7% and this leaves only one bounce vehicle (medical device company…
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March 4, 2016
Bounce Vehicle #3 Sold (IDTI)
It's got higher to go to reach the 50 day averages and is not over bought, but in keeping with the recent theme, I sold IDTI (as w/ MSCC and…
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March 4, 2016
Bounce Vehicle #2 Sold (FARO)
Considering I did something that is very difficult for me (momo'd FARO after its good earnings report as it popped and pulled back in-day) I am taking my chips in…
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March 4, 2016
Employment by Industry
Ref. BLS Employment Situation (+242,000, unemployment @ 4.9%) for February. The theme remains unchanged as the relatively strong dollar continued to pressure people who make things and mine things and…
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March 4, 2016
NFTRH+; Energy Sector Short and Long-term Views Updated
Updating the short and long-term views of XLE and sending to the entire list as it is a sector of interest to so many economies and markets and thus, of macro concern.
XLE Daily broke above the key resistance level yesterday and assuming we have a weekly close above it tomorrow, that is now support. Indeed, it is tentative support now but I kept it red to play devil’s advocate. A reasonable measurement from the pattern is 64-65. That is for the traders among us.
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March 3, 2016
NFTRH+; SAND
As you may know, I have a friend in junior mining analyst ‘Otto Rock’ from IKN. As is noted each week on the last page of NFTRH reports, I recommend his work because it is put forth honestly and he calls it like it is, whether that makes him look good or not. Point being, I trust the guy as a nugget of gold among the lumps of coal that make up the gold stock analyst community.
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March 3, 2016