From an NFTRH update yesterday after the market’s reversal and big bounce… For a market that was primed for a drop, the back up in long-term yields provided the spark (with a side of whatever that disaster was in volatility ETN/ETF products). I am doubtful as to whether this pig can simply shake it all off and go back to over bullish and overbought so … Continue reading The Market is on Track
Because it is so important to our macro work, let’s update again the counter-cyclical metal vs. some positive cyclical items, using the respective ETFs. Gold/Oil continues to work at grinding the SMA 50. Implication: counter-cyclical macro indicator, gold mining fundamental indicator. Gold/Palladium continues firm. Implication: counter-cyclical macro indicator. Palladium goes with the happy stuff and gold… not so much. Gold/Industrial Metals is less pronounced, but … Continue reading Another Gold Ratios Update
[edit] After communication with the site’s owner I’ve learned it’s not a nefarious thing. He thinks he requested permission but can’t find the email and I don’t remember it. Regardless, it’s more an email list than a website and he appears to do right by the people he spotlights with respect to attribution. So, I retract my indignation. You can sign up to a website … Continue reading Talk About Eyeball Harvesting; You Can Sign Up to a Site and Get My Free Content… For Free
From the man who leveraged his empire with (sometimes defaulted upon) debt, a yearning for the good old days when men were men, they could screw each other over with abandon and then be sporting about it over Old Fashioneds at the Ritz-Carlton. You see, back then when good news was reported the stock market would go up. Today when good news is reported the … Continue reading Stock Tout in Chief Finally Tweets
