A Little Perspective and Market Notes
The opening segment of this week's Notes From the Rabbit Hole (NFTRH 412) was intended to be a quick blurb but went on to become a five page exercise. It…
The opening segment of this week's Notes From the Rabbit Hole (NFTRH 412) was intended to be a quick blurb but went on to become a five page exercise. It…
I'll be posting the opening segment shortly. It'll give a pretty good idea of where NFTRH 412 ends up going. Opportunity lay out on the not too distant horizon. Subscribe…
Much like with the gold stock sector, there was support and then there was best support. SPX failed support today in grand fashion as it lost the 50 day moving…
HUI had a best 'bounce' target of 250 to 265 (if this was to be only a bounce as originally projected) as we anticipated a positive reaction at the 220…
This NFTRH+ update is sent to the entire list as it has more general considerations than just as a trade. Last year we began managing a 'look ahead' to XLE's…
After noting 3 recent weak economic data points (ISM manufacturing, Jobs & ISM Services) we have had a couple of firm ones in Job Openings and Jobless Claims. Such is…
Again and again we hear about a lack of fundamentals, over valuation and worst of all (to hear some tell it), the bearish divergence in the Transports as a reason…
You know, during the bear market I did not do much public charting of gold stocks for obvious reasons (said bear market) and less obvious reasons (the pompom brigade was…
On September 1 we reviewed this chart in an NFTRH update projecting a gold sector bounce due to an over sold condition, a preponderance of gold bugs talking about an…
Note for traders: HUI is hitting the bounce target range, but economic data has improved the sector's fundamentals. Last week we got a double dose of gold sector fundamentals as…
Another very helpful report (to me). It's the best analysis of its kind out there, as always combining TA and Fundamentals. I know it's the best (or among the best)…
The Good Thursday's ISM report was Thing 1 in improving the backdrop for gold. But it was a small Thing. Friday's August Payrolls report was Thing 2, and it was…
+151,000... it's not a very good number and so the theme introduced yesterday, of wobbling manufacturing and a potentially wobbling economy, continues. Here is a breakdown, with the usual suspects…
The weak ISM headline number (PMI) was an excuse for bonds and precious metals to bounce and the US dollar to drop today. It evidently inspired wild eyed casino patrons…