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NFTRH; Interesting In-Day Snapshots

Not many words. Mostly pictures. On the daily view AMAT & LRCX continue to break down vs. both Semis and Tech. This is theoretically our cutting edge of a leading cyclical indicator, which is Semis/Tech. Palladium (weak nominally again today) is continuing its drop vs. Gold. Beneath the surface the market appears to be voting ‘NO’ on the economy and potentially the markets, happy State … Continue reading NFTRH; Interesting In-Day Snapshots

“Teleprompter Trump” & “Beautiful Clean Coal”

A more likeable Trump than usual (i.e. than the real Trump via Twitter and other off the cuff venues) regaled us with America’s successes (real and imagined) since his election and introduced us to an unusual number of American heroes in the audience. It was feel good all around and as the Christian Science Monitor so aptly forecast, “Teleprompter Trump” won the night. But did … Continue reading “Teleprompter Trump” & “Beautiful Clean Coal”

alice

NFTRH; A Look at the Palladium/Gold Ratio for Reference w/ This Morning’s Update

In 2013 we cross-referenced the Palladium/Gold ratio with the positive Semi Equipment signals to firm the bullish economic thesis. So why not do so again in 2018? If it worked then, it could give a leg up for us now. Nominal PALL is dropping hard but only testing the SMA 50. But the PALL/GLD ratio is threatening a trend line after dropping through the SMA … Continue reading NFTRH; A Look at the Palladium/Gold Ratio for Reference w/ This Morning’s Update

FOMC Week: Goodbye Janet, Any Last Minute Surprises?

According to the wiseguys speculating in Fed futures Janet Yellen’s last meeting is going to be a docile affair as she gently rides off into the sunset (and presumably, the lucrative lecture circuit). Interestingly, her last meeting is not followed by a press conference, so any jawboning to be done – if applicable – would have to be in the text of tomorrow’s statement. Even … Continue reading FOMC Week: Goodbye Janet, Any Last Minute Surprises?

alice

NFTRH; US Economic Cycle Signals per Two Key Sectors

Semi Sector Let’s begin at the beginning, with our Semi Equipment indicators. Again, for the many folks who were not with us in January of 2013, we recall that month as the first inkling that the Semi Equipment (companies like Applied Materials, Lam Research, KLA Tencor, MKS, etc.) sector was experiencing a surge in bookings per the then-available book-to-bill ratio available from SEMI. These days … Continue reading NFTRH; US Economic Cycle Signals per Two Key Sectors

alice

NFTRH; An Update to Our 2 New Semi Equipment Indicators

I want to keep a tight focus now on our obscure * leading economic and market indicators, the Semi Equipment stocks vs. both the Semi sector and Tech in general. AMAT & LRCX are banging support vs. SMH this morning. There is no breakdown yet but nor is there any further room to the downside before a breakdown will be logged. AMAT & LRCX vs. … Continue reading NFTRH; An Update to Our 2 New Semi Equipment Indicators

Monthly Gold Price is Banging on the Door of a New Bull Market

Again I say pardon the title because it is not mine. Unless they slap a title that I really can’t stand on these weekly articles I let ’em ride. But Gold-Eagle is a gold website after all and I guess that golden eyeballs like a flashy title (and gold bullion graphic). I did write the words from which the title was crafted, after all. :-) … Continue reading Monthly Gold Price is Banging on the Door of a New Bull Market