It’s about as boring a company as you are going to find. It’s a UK based industrial products company. But it’s also got a chart that’s as good as gold (circa 2009). We’ve had Pentair (PNR) on radar in NFTRH’s Notes & Charts segment for a long time. The pullback today to fill the daily chart’s gap gave me a chance to try it as … Continue reading PNR: As Good as Gold?
While there’s always a chance it’ll be different this time, just a reminder that these inflammatory events, whether political or geopolitical, tend not to in and of themselves affect the market in a negative way beyond the immediate reaction, when all the knee jerks start pressing sell buttons and puking in their mouths. Michael Flynn Pleads Guilty to Lying, Says Trump Team Knew of His … Continue reading Flynn Lies: Ouch but…
As you may have noticed, I’ve been something of a true believer in the ongoing John Chen turnaround story for Blackberry (still wish they’d change the name to Research in Motion). I’ve been holding BB and rarely look at it. But this morning I took a look and saw a daily Cup & Handle pattern and so… NFTRH+ being a TA entity, here it is … Continue reading NFTRH+; Daily Chart Cup & Handle on a Long-held Stock
In this case the precious metals have already been weak, hopefully breaking the spirits of over enthusiastic gold bugs. A warning as represented by a rising gold/silver ratio is for commodity bugs and possibly, stock bugz. Here’s the weekly view. A little less concerning, but attempting a new high. I don’t want to be an alarmist or a turd in the punch bowl because really, … Continue reading Gold/Silver Ratio Breaking Daily Bull Flag
 It probably does not need to be said, but this is not a promo for BullionVault’s service. I in fact, bought my Platinum in the form of the ETFS fund, PPLT. From NFTRH 475… Here is the weekly chart version of the daily Palladium and Platinum we usually review. On this view, Platinum is interesting from the perspective of its double bottom to the … Continue reading Platinum to Return to Prominence?
Here are a few global ETFs with little room to drop in order to avoid daily chart technical breakdowns. That does not mean the end of the larger up trends, but could signal oncoming intermediate corrections if they do fall further and close the week that way (pre-market is red). The question would be, are they leading the fiscally drunk US market and its chronic … Continue reading 3 Global Markets That Could Indicate an Interim Correction