Uncle Buck at the Limit
The previous post shows an indicator that will break down if USD holds last - and I mean last - ditch support before the express elevator to 89. But Unc…
The previous post shows an indicator that will break down if USD holds last - and I mean last - ditch support before the express elevator to 89. But Unc…
I am not saying this is the top in the silver-gold ratio (SLV-GLD), but I am saying that if this is the top (for this phase) then commodities and the…
Below is the first segment of this week's edition of Notes From the Rabbit Hole, NFTRH 393: The Fed has been trying to promote inflation. That is not the guy…
We talk a lot about USD, Yen, the 'inflation trade' and of course, silver. We set targets, parameters and risk profiles. We personally benefit once again from grinding out this…
NDX is a market leader. Even with the positive surprises from the over valued AMZN, FB and LNKD, tech/internet companies are under big pressure. NDX-SPX is just plain ugly. This…
We noted the NDX/SOX roadmap in a post on Wednesday using weekly charts. SOX daily is doing something not very nice at the open. The Semis are a leader for…
HUI has, barring a spectacular reversal, cleared the most recent target of 211 and with unrelenting strength. I have added RSI to the weekly chart we have used to plot the bull market signals of 211 (door opener), 251 and 261 (confirmers). RSI is getting over bought. The implication is that when a correction comes it is going to be an extended affair unlike the sideways to down consolidation and small bull flag pullbacks to date.
Before I begin this post I am going to note again up front that I spent much of the time pre-FOMC being cautious on the precious metals, especially since silver…
Another company with which I had (indirect) dealings in the old days. I became aware of FLIR (Homepage) when my company made optical components (for a optical subcontractor) for night vision goggles that FLIR supplied to the military back in the early 1990’s. FLIR is an infrared and thermal imaging systems supplier to a diversified end user base, by industry and by global region. As always when spotlighting an individual company, your personal due diligence is recommended.
The US is in the midst of one (Bloomberg) It's another piece talking about this "most hated bull market of all time". So many bull wiseguys highlight this while soft…
BoJ stands pat, surprising substance addicted markets and JPY/USD slams higher. This after we have noted the trend change in USD/JPY since early in the year. Other currencies vs. USD…
Ref. the previous post on BSX (a former NFTRH+ highight) and the recent breakout we have noted in the Medical Device ETF, IHI. Medtronic (MDT) is a competitor to Boston Scientific over part of its product line (stents). Please feel free to do funda research on the company if interested. As to the chart…
Back in October 2015 we had an NFTRH+ highlight on medical (stent) device maker Boston Scientific, a customer of mine in my former life. From the update, which included daily,…
NDX is in a sloppy looking pattern, is dropping into a support zone and needs to hold the moving averages to avoid going from sloppy to bearish. Captains like Alphabet,…