Following is the opening segment from the May 29 edition of Notes From the Rabbit Hole, NFTRH 397: If we are going to highlight improving fundamentals, which we did as…
Our doggie (Spike) back from his adventure, it was time to settle in and write a good, comprehensive report on the financial markets. So I did; 40 clear and actionable…
Note… We have a crisis on the home front this weekend as our dog has gone missing. He’s such a good boy but he suffers anxiety and when he hears…
A reader emailed me this article from Mike Shedlock. Whenever I read articles on manufacturing written by financial types I prepare for the worst (cue the legions of suits and…
Gold vs. Commodities is still intact, but Gold-Oil has nearly been cut in half from its highs (I think oil is over baked, but...). That is a building fundamental pressure…
Last night's post on the US stock market ended as follows: "As far as the Fed and its puny rate hikes are concerned, that is irrelevant. This market is flipping…
It's not rocket science. This market is going bullish. Whether it is a short and final push higher or a big break of consolidation, the market chose to break out…
GDX has hit the first level of support we had defined as the 50 day moving averages. This after the breakdown from the daily bear flags we noted a couple days ago. The next support, should the correction go deeper, is the 50% Fib retrace, gap fill and lateral support cluster at 19-20. These are the straight up daily technicals with no fundamental discussion clouding the issue.
The Dow had been the worst of the major US indexes on the short-term view (NDX led to the downside but formed a 'W' pattern as noted yesterday). Now the…
Any questions? SEMI's April Book-to-Bill... Very much in line with the AMAT quarterly Chirp, SEMI notes 3D NAND as a driver, along with China. The implications, folks, are going to…
The Fundamentals are Thing 1 and the technicals are Thing 2. Some aspects of Thing 1 became positive as early as 2014, when gold began out performing virtually all commodities. …
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…