US Stocks, Post-Open
We looked at 'em pre-market and now I have removed my drawn-in candles as the market's actual candles have blown them away. Here is what is going on. INDU is…
We looked at 'em pre-market and now I have removed my drawn-in candles as the market's actual candles have blown them away. Here is what is going on. INDU is…
Look at how well the US dollar and Gold-Silver Ratio have bounced together. Funny how that works, isn't it? Subscribe to NFTRH Premium for your 25-35 page weekly report, interim…
You can see my artwork skills on display as the pre-market implied opens for INDU, SPX and NDX are drawn in as white candles on the charts. INDU is mostly…
In not rising strongly after the FOMC minutes time bomb, the precious metals mining ETFs now have the potential to be building bear flags with their upward biases. This includes diminishing volume (GDXJ and SIL as well), which supports the bear flag scenario.
Another NFTRH 396 excerpt, not for publication elsewhere. It is a companion to the discussion about the Semiconductor sector and the economy as well as other economic discussion that took…
The following is the opening segment of this week's Notes From the Rabbit Hole, NFTRH 396. The report also covers, in detail, the technical status of US/Global stock markets, precious…
Okay, I'm pooped. No promo. :-( [edit] Well yes, there is a promo. It's from subscriber Joe F: "So fucking good." Subscribe to NFTRH Premium for your 25-35 page weekly…
Yesterday it was noted that the reversal upward would be a good step in the right direction but that a weekly close in that state was needed to ‘confirm’ (to the degree that anything in a financial market can be ‘confirmed’ ahead of time) a reversal to bullish.
[edit] This from a long-time NFTRH subscriber... "Based on my more than 40 years experience as a portfolio manager and financial adviser I can only say: how right you are!"…
The thing that is not trustworthy if you are a deflationist or (anti-inflationist) is that the ‘inflation trade’ is getting kicked down by the ultimate jawbone, the FOMC minutes. Often inflammatory events in markets have a short shelf life. As such, the Silver-Gold ratio does not need to get hammered much lower, based on this event anyway.
Using the ETFs for a real time view…
SLV is filling a gap near 15.50 and tagging the SMA 50. That’s the 1st potential support. Better support is 14.40 (SMA 200) to 14.75 (trend line).
Otto at IKN heads upped me to an exchange he had with a subscriber (who, from what I gather is a former subscriber to NFTRH). I want to highlight and…
This is the opening segment from the May 15 edition of Notes From the Rabbit Hole, NFTRH 395. I am releasing it for public viewing because it seems, the title's…
They did not full-on puke as in 'capitulation', but they did burp up gold mining shares based on some interest rate manipulating entity's meeting minutes and the fear that said…