Yearly Archives: 2016

Stock Market, US

S&P 500 Weekly Chart

I am expecting a pullback in the near-term due to over bought daily charts and over bullish sentiment, but the fact is that SPX is in blue sky and measures…

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July 21, 2016
Market Indicators

Gold vs. Commodities

The signals of gold vs. other assets and markets have become so important to financial markets over the last year (hello Macrocosm, July 27 2015) that I have created a…

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July 20, 2016
Commodities

Agri-vated

While most things have gone right for me lately, one thing has not; at least not yet.  And if DBA goes any lower it will not have a chance to…

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July 20, 2016
Stock Market, US

The Two Most Bullish US Sectors

As we have noted for months in NFTRH, the two most bullish sectors have been the Semiconductors and Healthcare.  First, we tracked an Ascending Triangle and blue sky breakout in…

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July 20, 2016
Currencies

Uncle Buck Updated

Daily USD climbed out of a downtrend channel, put MACD and RSI positive, created and held a support level and now has risen above the SMA 200. The weekly is…

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July 20, 2016
nftrh plus
NFTRH Interim Updates / NFTRH+

NFTRH+; Asia (ex-Japan)

Another ‘+’ update serving as a trade idea for traders and a global macro view for all subscribers.  I like the idea of backing out Japan (using the AAXJ iShares) because I am not at all sure the BoJ is going to be able to subjugate the Yen in service to pumping its stock market, which still looks bearish to me.  The rest of Asia however, looks constructive, much like the Emerging Markets (EEM) as reviewed last week.

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July 19, 2016
NFTRH

NFTRH 404 Out Now

This week we chop 20 pages off of what had been the norm with the word density per chart/graphic much higher than usual.  A couple items needed to be discussed…

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July 17, 2016
Precious Metals

Gold and Silver CoT

There are still analysts talking about the Commercial traders always being right in the end as if the CoT buildup has been some evil operation against gold.  It makes a…

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July 15, 2016
alice
NFTRH Interim Updates

NFTRH; Market Notes

While we have been on a bullish path, and momentum, breadth and ‘thrust’ imply more upside ahead I want to let you know how I, the same faulty market participant I have always been*, am proceeding.

Heading into this bullish phase (including in precious metals) my tack has been to take profits when presented and then try to be patient in reestablishing positions.  After the post-Brexit euphoria ramp (or whatever this has been) I am making like ‘Old Turkey’ (from Reminiscences of a Stock Operator), and sitting tight in some areas and making like a zealous profit taker in others.

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July 15, 2016
Stock Market, US

S&P 500: 2011 ‘Comp’ Back in Play

Sometimes simpler is better.  For months now, and right through the Brexit drama we have been noting simple technical and fundamental items like a NYSE breadth ramp up (see bottom…

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July 15, 2016
Interest Rates

A Look at US Yields

Amid the ongoing 'crashing interest rates!' hysterics, NFTRH 403 noted the following about the 2 year yield... "US 2 year yields are at the trend line. Be careful here in…

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July 14, 2016
Market Indicators

Inter-Market Views

Just for perspective, a few (mostly daily) inter-market chart views... GDX/SPY firm uptrend, but over bought. GDX/GLD firm uptrend, but over bought. SLV/GLD stair stepping uptrend, over bought. SIL/GDX; this…

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July 14, 2016
Stock Market, US

Even Tranny Gets the Memo

When dealing with markets we show up with our rational minds and our healthy egos.  We have got our chops down pat and have the confidence to know that we…

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July 14, 2016