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 is its bro, Canopy Growth (WEED.TO). The pattern projects to around 6.20 to 6.40 or so, if it is indeed a short-term bull pattern. Subscribe to NFTRH Premium for your 40-55 page weekly report, interim updates and NFTRH+ chart and … Continue reading Aphria, Canopy to Get High Again?
The Healthcare SPDR, XLV is going up, joining the early moving IHI (like Semi in early 2016, I’ve felt like a lone voice extolling Medical Devices since the middle of last year) and the late moving IBB. Here’s a weekly multi-panel view of the 3 Amigos. As noted repeatedly in NFTRH, Healthcare is an area of out performance during economic soft patches. This is not … Continue reading It’s Not Just Biotech or Medical Devices, it’s the Whole Sector
If we back out what we think we may know about the markets and the Semi sector and just look at one stock in a vacuum we see that SIMO is dropping once again to its SMA 50 in a classic stair-stepping uptrend. We NFTRH+’d it when it did this in late April… and here it is again, at another theoretical buy point; which means … Continue reading NFTRH+; A Semi Company Approaches a Technical Buy Area
A general review of precious metals, US, European and ‘All-World’ Stocks and commodities. Although gold ticked a tiny ‘higher high’ we leaned toward it being a double top with short-term significance. In dropping to the SMA 200 (1241) it is a candidate for a bounce. But I don’t like that RSI has not become oversold to the degree of the last 2 declines. Any bouncing … Continue reading NFTRH; Precious Metals, US/Global Stocks & Commodities
