Deprogramming Some Gold “Community” Propaganda
This week from a writer who uses way too many '!' when writing to his gold bug audience, and who once referred to a "drop dead gorgeous bull wedge" on…
This week from a writer who uses way too many '!' when writing to his gold bug audience, and who once referred to a "drop dead gorgeous bull wedge" on…
First, unlike what gurus and pitchmen like to portray about themselves, the usual disclaimer before I write a post touting a call. I have been more Keystone Kop than good…
Time for an update on various sectors vs. SPY. The daily 'relative to SPY' view shows Financials, Energy, Materials and Tech in various forms of constructive/bullish. Healthcare has made a…
So I guess if I am in the near-term bullish (inflationary) camp I am also in the long-term yields rising camp. Therefore I am inviting the 20+ year Treasury bond…
The headline is 58.7% (full report here) but I have highlighted in green the items that matter. New orders are brisk, along with employment. Inventories, backlogs and prices implying cost…
Steve Saville has an interesting post in which he notes the difficulty in coming up with real inflation adjustments by chasing price data around (like CPI). Using a formula of…
A simple update noting that like Japan before it, Europe is now making a bullish move vs. the S&P 500. Here is the daily chart of the Euro-hedged HEZU vs.…
Last week these moderators were included in a post about the breakout in long-term yields and its implications... "This week, assuming it is confirmed by remaining active through the FOMC…
Uncle Buck's pattern is active, everybody sees it now and as noted in NFTRH 471, the buck has lost its contrarian edge (sentiment is neutral from previously universally hated) and…
The breakouts above resistance are now being tested in 10 & 30 year bond yields. Though it's broken through the zone I drew, the 10yr is still regarded as testing.…
This morning in pre-market the 10yr US Treasury Note it testing its breakdown at the blue dot on the chart. And the 10yr yield is testing the top of its…
It added a companion macro signal in waiting to go with the 10 & 30 year yield continuum limiters in order to one day signal a change in the macro.…
Okay I got sidetracked in the middle of NFTRH 471. While describing the trajectory of the ACWI World Index I wrote "upwards at 45 degrees". So of course I had…
Intel is nearing the Cup & Handle target of 44 (later revised to 46). I took the profit at around 40 (silly me), which was the big picture target established…