It’s Not Just Biotech or Medical Devices, it’s the Whole Sector

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

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NFTRH+; A Semi Company Approaches a Technical Buy Area

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

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NFTRH; Precious Metals, US/Global Stocks & Commodities

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