Oil Working Out Well
After the IBM stinker I could use something that is working; one of those is the short I took against crude oil, as noted in NFTRH a couple weeks ago. …
After the IBM stinker I could use something that is working; one of those is the short I took against crude oil, as noted in NFTRH a couple weeks ago. …
[edit] I happily write about the winners and I sadly write about the losers. IBM is a 6% loser and it is booked. I don't like the stagnant fundamentals and…
[edit] I've been expecting IBM to drift down to support and post earnings, it is dropping hard to it. I added in AH and we'll see if this is a…
We have described the current stock market correction/consolidation as a reaction within an intact uptrend. For those who may have shorted it as I did (for balance to long positions)…
Just getting around to posting now. NFTRH 443 was sent to subscribers yesterday and it said what it had to say, tuning its writer up at least, for the new…
Over the last year we transitioned from the stock market angst of 2015 to the bullish breakout of 2016. For NFTRH, the real proof in the pudding was the ramp…
Gold vs. SPX (GLD-SPY) is breaking to new highs today. It is not a coincidence that the above chart looks a lot like Treasury bond fund TLT, as they are…
Outside of Japan (and its vulnerability to a rising Yen) and Russia (RSX may be declining toward the 18-19 buy area, for those bullish on Russia), most global stock markets…
Per this post at Biiwii, EWI is opening its doors to an aspect of their service that is really not my preferred mode, which is intensive in-day management. Still, I…
Well, here we go again. Another day, another reading below the SMA 50... in-day. Yesterday we observed the same thing, and then the market recovered (with crude oil's bounce, which…
The setup is a classic one, and it is not a positive one. What I mean is the geopolitical setup, where Syria gasses its people, the US lobs Tomahawks into…
Because as Heisenberg explains, the ramp up in crude oil happened on Saudi jawboning; and because the S&P 500 went up at the same time, seemingly in sympathy. I don't…
Look, we are all wrong sometimes. That is because the markets are this way one day, that way the next and then something else the day after that. That is…
The US stock market and precious metals are the areas of interest because without one cracking, the other does not step forward. While we have defined an uptrend (as opposed…