nftrh plus

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 got me looking at some optical networking companies and out popped Ciena’s chart(s). The daily got some volume yesterday, which got my attention. Today it is trying to make it above a short-term resistance area, after having consolidated through June. … Continue reading NFTRH+; CIEN in 3 Time Frames

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). Recent historical data speaks for itself. It appears a decline in the Euro is imminent (which, in market terms means ‘relax, it could be a while yet’ ;-) ).   The next question is, when Uncle Buck rides will he … Continue reading Hedgers Net Short the Euro, US Market Rotates; 2 Horsemen Set to Ride?