First off, part of my plan is and has been a stronger dollar to come (I finally shorted the Euro today to put my money
Month: June 2017
Commodity Bounce Maturing?
Greetings from my vacation, where sometimes a little work goes hand in hand with relaxation. Commodities, led by oil, have bounced hard by daily charts,
The Leader (NDX) and the Leader’s Leader (SOX) Cracked, but…
In an NFTRH update this morning we reviewed the charts of the leader (NDX) and its leader (SOX). Here we see the Semi leadership (to
Taking Profit on NFTRH+ Trade, ABBV
Less than 3 bucks from target #1 (75), I am taking the profit here. ABBV is very overbought as it led the momentum that recently
Return to the Land of the Sinking Currency?
In not making a higher high before turning down below the daily SMAs 50 and 200 the Japanese Yen has painted itself vulnerable, at best.
NFTRH; Semi & Tech Short-term Breakdown Potential
This is not a pleasing short-term picture for Semiconductor and Technology bulls. Since these are leaders, it is not a pleasing picture for the broad
MSM: Gold to $1500! or Maybe $1000…
For more of its drivel about gold, the MSM trots Frank Holmes out again. Stuck on the same refrain that has not changed since before,
About That Gold “Flash Crash”
Well, that term gets tossed around way too often. Gold saw a big dump into the market this morning and it dropped all the way
Bonds and Related Indicators
Excerpted from the June 25 edition of Notes From the Rabbit Hole, which also included comprehensive analysis of US and global stock markets, commodities, precious
NFTRH 453 Out Now
A whopping 69 pages of right-on macro and market analysis and stock charts out the wazoo. A fun report to write that once again centered
NFTRH+; CIEN in 3 Time Frames
Just because I was reading SEMI and had a George Gilder flashback, circa 1998… Consumer to Industrial Data Explosion Hits Supply Chain Humor aside, it
GILD: Too Much Too Soon?
As to the post’s title, I have no idea. What I do know is that a nice profit is in the books on a suddenly
Hedgers Net Short the Euro, US Market Rotates; 2 Horsemen Set to Ride?
In line with our bullish forward view on USD, behold the very bearish state of the Commercial Hedger positions in the Euro (courtesy of Sentimentrader).
Aphria, Canopy to Get High Again?
The pot stocks were pulled over, arrested and thrown in the clink in April. Now old friend Aphria is sporting a neat little pattern. As