Biotech Breakout Continues

Yesterday we got the surge and then the ease into the close. Today? Err... The weekly now targets 350, barring a harsh reversal over the next 2 days. GILD was…

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Read more about the article vs. SPY

vs. SPY

An update of various sectors '.vs SPY' by daily and weekly views... On the daily view Financials hold the break above the moving averages, Energy is in Palookaville, Healthcare continues…

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Read more about the article Gold Miner Short Covered

Gold Miner Short Covered

I am not bullish on the miners as a group because the technicals are bear biased and the fundamentals are not nearly all in place. But the ones I hold…

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Biotech Breakout

It's been a long time coming for the Biotech sector that has for me included some stops and starts in AMGN, GILD and IBB itself. Some profits, some losses. But…

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Read more about the article Junk/Treasury Bond Signal Going Bearish?

Junk/Treasury Bond Signal Going Bearish?

The top panel is junk vs. long-term Treasury and the bottom panel is nominal junk. HYG/TLT is poking below the 200 day moving average today with a support line just…

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Read more about the article Bonds and Related Indicators

Bonds and Related Indicators

The June 18 edition of Notes From the Rabbit Hole has a few less stock charts this week in order to ramp up the macro talk, which appeared periodically through…

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Read more about the article NFTRH 452 Out Now

NFTRH 452 Out Now

You know I don't hype; not bull scenarios nor bear. But in doing the Precious Metals and Bonds segments this weekend some talk about the run up to 2008's big…

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Read more about the article vs. SPY… US Market Sectors

vs. SPY… US Market Sectors

Another weekly chart from the Market Internals segment of NFTRH. This time updating what's doing what on a relative basis to SPY with regard to US sectors. On a 'vs.…

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Read more about the article Updating Global vs. US Stocks

Updating Global vs. US Stocks

One of the charts from NFTRH's Market Internals segment keeps track of several global markets in relation to the US SPX (SPY). While some of these are constructive nominally, the…

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Read more about the article Will the Miners Get Dusted?

Will the Miners Get Dusted?

I covered my short on silver for +8% (using the leveraged DSLV) and decided to use the more direct hedging route (for my miner positions) in shorting the leveraged miner…

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