I just saw a headline about Twitter's poor revenue and forecast. Down over 12% in after hours. I was curious about what the chart may have looked like before the…
The looks of some ratios before the FOMC regales us with the latest non-action (with an IMO lessening possibility of some hawkish talk)... Gold vs. US stocks is nearly 3…
With reference to the previous posts about about weak economic data, the fundamentals for gold are getting a boost in this data. Durable Goods, Machine Tools and Consumer Confidence have all decelerated. The risk of the Fed being sensitive to inflation may have been reduced here in favor of not wanting to tank the markets.
Today's economic data have moved the needle back a bit toward 'no change' to the Fed's dovish stance. The March Durable Goods figure was .8% vs 2% expected and even…
A look at how a few markets are setting up pre-FOMC.
The charts are what they are, but we are dependent upon what the Fed may or may not put out there on Wednesday. I would put the odds of a rate hike at just this side of zero. But they are free to leave forward looking wording as is or do a little tweaking from the currently ultra dovish stance toward at least opening a discussion for rate hike expectations for June.
As you know I do not micro manage individual stock positions because I am not a fundamental stock analyst and because to me stocks are vehicles, nothing more, nothing less. Part of this viewpoint has been formed by my years of dealing with corporate management people (public and private) and often times coming away unimpressed. But mainly it is because to do my job correctly (running a macro market service) I have got to tune out the ins and outs of individual stock picking and management thereof.
The Machine Tool industry had a bump at the end of the year, which we set our watches by every December. But it was very moderate. Now as of February,…
We talk a lot about FOMC stuff, inflation stuff and silver stuff. At 40 easy to read pages (w/ lots of graphical data backing up the themes) NFTRH 392, the…
Biiwii.com does a public service in keeping my more ugly, unacceptable, obnoxious err, human side mostly off of this more analysis-based site. Today, we do an MSM critique (on a…
Billings were down significantly and that matters not a whit. Bookings jumped and so did the ratio, which of this occasion is indicative of a good report. From SEMI's mouthpiece:…
I don't love this market, even as it breaks into the bears' dorm and panty raids them routinely. Today is SEMI's equipment sector March Book-to-Bill release (probably out after the…
On March 4 we reviewed the technical reasons why the gold sector was launching as opposed to blowing off. This, after articles began appearing calling the rise to that point…
Very simply, the weekly moving average that contained silver through its bear market has been broken to the upside. That is another booster of our assertion from earlier in the…
The tout is that we NFTRH+'d the energy sector months in advance of the bottom as a 'look-ahead' to a big buying opportunity. Here is the updated chart from that…