FOMC… Ho Hum, But There Is This…

The FOMC sat on its hands to no one's surprise but the bit that I guess is supposed to get people on tenterhooks is this... Against this backdrop, the Committee…

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NFTRH+; China Short Setup

A very simple update.  As I was planning to cover some US market shorts (cover SPY and sell the SPXS bear fund) I also looked to increase exposure elsewhere.  I…

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Reducing Short Exposure

In line with the message of the previous post, with yesterday's ding of the 2100 area on SPX and today's further weakness, I covered my largest position, which was an…

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October ISM: PMI Steady at 51.9%

ISM is not going to move many needles one way or the other with this report.  I've highlighted the important items.  New orders eased but are still in growth mode…

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Macro & Market Indicators (NFTRH 419 Excerpt)

Here are some clips from NFTRH 419's Macro & Market Indicators segment.  There was a lot more information and interpretation in the original segment and the report on the whole,…

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NFTRH 419 Out Now

It's more word intensive and less chart intensive this week.  But the chart-laden Macro Indicator segment was the main event because folks, things are right on the cusp of changing. …

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NFTRH+; BSX Just About to Target (Public)

Former NFTRH+ bull stock BSX was recently highlighted as a short due to this disgusting chart.  When it was highlighted it was below the SMA 50 but went on to…

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Updating Inflation Expectations Heading Into FOMC

Let's take a quick look at the state of bonds, yields and spreads. First, remember when we projected upside of 138 on TLT?  Remember when they (momo freaks, people stampeding…

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