Out of the three, stocks vs. gold, nominal long-term yields and the yield curve, it has been the nominal yields Amigo that has been the most questionable; what with there being no inflation and all ←sarcasm. The 10yr is looking bullish and its lame big brother, the 30yr, is down trending but spiking today. With respect to both of these, the theme is ‘to the … Continue reading The Weakest Amigo Rides Again
So I increased my position against junk bonds. A possible H&S top forming in HYG. As long as the now down turned SMA 50 contains the price this chart will be bearish. The H&S does not become active however, unless the November low is taken out. Continue reading This Chart is Junk
[edit] See also Here Is The Full Breakdown That Exposes What The Tax Plan Means For The Middle Class I know, I should continue to avoid political stuff in favor of unbiased market management. But I can divide my mind. On the one hand the president of the United States appears to be a dangerous clown and an affront to thinking people everywhere. On the … Continue reading Trump: It’s the Art of the Deal
Another NFTRH+ update sent to the entire list because it works as a macro update as well. A reminder that all subscribers can access NFTRH+ posts at the website at any time. Email opt-in is for those who would like them sent manually by email as well (there is a separate email signup at the site to receive all emails, public and subscriber-only). We have … Continue reading NFTRH+; Industrial Metals Miners Breaking Out
